How severe is the shortage of affordable housing opportunities? Well, a new survey has found one in five Americans have slept in a storage unit. The survey of 2,000 adults commissioned by StorageUnits.com found 24% of respondents saying they only spent one night in a...
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $49.7 million in Affordable Housing Program (AHP) grants from its General Fund and Nevada Targeted Fund to support 31 developments across Arizona, California, and Nevada that will result...
BMO (NYSE: BMO) is seeking to expand homeownership access to Hispanics with its first Spanish-language mortgage application. Available both digitally and in a paper format available at branches, the application offers what the bank described as “culturally and...
Realtor.ca Canada Inc. has begun a search process for a CEO. This search will be led by The Leadership Agency, a Toronto-based executive recruitment firm, and the organization said in a statement it was “seeking dynamic candidates who are passionate about building on...
Citigroup (NYSE: C) has announced plans to invest $16.1 million in a new office facility in Charlotte, North Carolina. Reuters reports the banking giant opens is aiming to create 510 new jobs at the facility that will focus on personal banking, finance, and marketing....
Compass Inc. (NYSE: COMP) has announced its acquisition of PorchLight Real Estate Group, a Colorado-based brokerage. Founded in 2005 by Amy Bayer and Carol Bayer, PorchLight serves the Denver and Boulder markets. In 2024 alone, the brokerage closed $922.3 million in...
Hits and Misses for the Real Estate Week of April 27-May 1
