Realtor.com has updated its housing forecast for the second half of the year, with predictions for a less onerous mortgage rate level and fewer home sales. The revised forecast points to mortgage rates averaging 6.4% throughout the year before sliding to 6.1% by...
JLL’s (NYSE:JLL) Capital Markets arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-square-foot, mixed-use development adjacent to Harvard University in Allston, Massachusetts. According to the company, the...
The University of Iowa has taken to Realtor.com to list one of its residence halls for sale. According to a report from Inside Higher Education, the 326,000-square-foot building in Iowa City is being offered as a “multi-family” property with 523 furnished rooms, a...
A sprawling mansion in Bel Air, California, has been listed for $250 million – and if it is sold at the listing price, it will become the most expensive single-family residential sale in U.S. history. The Wall Street Journal reported that Casa Encantada twice made...
Mortgage applications recorded a scant uptick in the latest data report from the Mortgage Bankers Association (MBA) that covers the week ending June 16. The Market Composite Index, a measure of mortgage loan application volume, saw a 0.5% rise on a seasonally adjusted...
The Toronto-headquartered commercial real estate services firm Avison Young has promoted Harry Klaff to U.S. President. Klaff joined the company in October 2020 as president of clients and is based in Washington, D.C.; earlier in his career, he was executive managing...
