Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX:CAR.UN), has announced President and CEO Mark Kenney will retire on July 2. Kenney served in the leadership roles since November 2018; he was previously chief operating officer. He will also...
VendorAbuse.com, an artificial intelligence (AI)-powered consumer complaint platform, has launched its Florida HOA Watchlist and published a report on Florida House Bill 1203’s impact on the state’s homeowners associations. Florida House Bill 1203, which became law on...
The Department of Housing and Urban Development (HUD) has updated the environmental review requirements for multifamily housing development and lending. The updates, which were issued earlier this week through the Federal Housing Administration (FHA) via a Mortgagee...
Elysium Investments, in partnership with European fund manager 1 Asset Management, has acquired a development site in downtown Toronto and submitted an application for a purpose-built student housing project under its Yarra Student Living platform. The proposed King...
eXp World Holdings Inc., the holding company for eXp Realty, has acquired NextHome Inc., a national real estate franchise headquartered in Pleasanton, California. The financial terms of the acquisition were not disclosed. NextHome has more than 500 US franchisees and...
Housing affordability in California in the first quarter reached its highest level in four years, according to data from the California Association of Realtors (CAR). During the first three months of the year, CAR determined that 22% of the state’s homebuyers...
Hits and Misses for the Real Estate Week of May 4-8
