In what could be seen as a major endorsement of Florida’s beleaguered condo market, JLL’s Capital Markets announced it secured $565.35 million in construction financing for The Residences at 1428 Brickell, a 70-story luxury condo tower in Miami’s Brickell...
MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, is renewing its’ attempts to acquire Houston-based Whitestone REIT (NYSE: WSR) by offering to purchase all the outstanding Whitestone shares for $15.20 per...
A Los Angeles mansion that was briefly the most US expensive home listed for sale is scheduled to be sold in a foreclosure auction. The Wall Street Journal reports the 8.5-acre Casa Encantada, which made headlines in 2023 with an audacious $250 million listing price,...
The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 23 basis points in October to 7.46%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 5.98%, a difference of 148 basis points. Last month, the overall...
Reverie Residential, the Washington, DC-area brokerage formerly known as City Chic Real Estate, has expanded into Southern New Hampshire, where founder and principal broker Lindsay Dreyer has her roots. The Southern New Hampshire expansion will establish...
ECGI Holdings Inc. (OTC: ECGI), and Irvine, California-based technology-driven investment and development company, has signed a binding Letter of Intent (LOI) to acquire RezyFi Inc., a mortgage lender licensed in 29 states, in a stock-for-stock deal valued at...
Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
