An unlikely speaker at a real estate conference, an unlikely subject for a new museum and unlikely behavior by a mortgage industry CEO. From the wild and wooly world of real estate, here are our Hits and Misses for the Week of March 31-April 4. Miss: A Blunder Down...
Morgan Properties, the real estate investment and management company headquartered in Conshohocken, Pennsylvania, has acquired a portfolio of 3,054 multifamily units across 11 assets in eight Midwest states from Trilogy Real Estate Group for $501 million. The...
The Department of Veterans Affairs (VA) is planning to end a mortgage rescue program for veterans that was introduced less than one year ago. The Veterans Affairs Servicing Purchase (VASP) program went into effect last May with the goal of purchasing defaulted VA...
President Trump and Federal Reserve Chairman Jerome Powell talked past each other this morning, with the president demanding interest rate cuts in the wake of a vibrant economy while the central bank leader warned the economy was in danger of fraying following the new...
Kingsbarn Realty Capital has paid $105 million to acquire the Class A office building 1601 Vine Street in the Hollywood submarket of Los Angeles. The 115,000-square-foot property – which has five levels of underground parking – was developed by JH Synder Company in...
A Canadian man who was found guilty and is awaiting sentencing for scamming buyers of RV sites in British Columbia is facing new charges by Calgary police for coordinating a similar scheme in Alberta. The Calgary Herald reports that Craig Douglas McMorran was found...
