A New Jersey couple who gained prominence as real estate influencers were indicted for allegedly running an investment scam that took investors’ money with a promise to receive high returns on Cleveland-area real estate property developments. A federal grand jury...
Commercial real estate broker Nicholas Morizio, president of Colliers International’s Connecticut and Western Massachusetts offices, has donated $1 million to the University of Connecticut’s (UConn) real estate program for the creation of new scholarships. The...
McDonald’s (NYSE: MCD) and the Chicago Fire Football Club have signed a naming rights partnership that will see the Major League Soccer club’s new $750 million stadium named McDonald’s Park. This marks the first time McDonald’s has committed to a naming rights...
The national median asking monthly rent across the nation’s 50 largest metro areas in April was $1,673, down $29 or 1.7%, year-over-year. This marked the 33rd consecutive month of annual declines for 0-2 bedroom properties. According to data from Realtor.com, the...
Two Harbors Investment Corp. (NYSE: TWO), the mortgage servicing rights-focused real estate investment trust, has rejected the latest attempt by UWM Holdings Corp. (NYSE: UWMC) to secure a merger, calling the company’s new offer of $12.50 per share an “illusory,...
Mortgage application activity was on the rise last week while mortgage credit availability was in decline last month, according to two new data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan...
The American Dream of Homeownership Is Not Dead, But We’re Sure Makin…
