Kensington Vanguard National Land Services, a New York City-headquartered national title insurance and settlement agency, has acquired James P. Lazar PC, a Dallas-headquartered national commercial title insurance provider. The financial terms of the transaction were...
CBRE (NYSE:CBRE) has hired Andrea Grigg as senior managing director and global head of hotels asset management for CBRE Hotels. Grigg will be based in Atlanta and is tasked with developing and leading the firm’s global hotel asset management and operator selection...
The housing supply has fallen to a historic low. Builders have not been able to keep pace with demand, resale stock is in short supply due to many social and economic factors, and the demand for housing from the millennial generation continues, with a younger...
The U.S. commercial mortgage-backed securities (CMBS) delinquency rate jumped 51 basis points (bps) to 4.41% in July, according to new data from Trepp. “While the rest of the U.S. economy has seen relief in terms of higher equity prices, better-than-expected corporate...
Capital Square, a sponsor of tax-advantaged real estate investments and developer of housing communities, has launched Capital Square Glendale BFR LLC with the goal of raising approximately $49 million in equity to develop a 320-unit, build-for-rent (BFR)...
A Canadian realtor found himself in hot water for drinking his client’s milk without permission. The British Columbia Financial Services Authority (BCFSA) enacted a C$20,000 fine against Michele (Mike) Rose for “conduct unbecoming a licensee” when he consumed milk...
