Several deep-pocketed New York City real estate executives are making generous donations to the super political action committee (PAC) backing Andrew Cuomo’s campaign to become the city’s next mayor. The New York Post reports the “Fix the City” super PAC has received...
Stephen M. Green, the executive vice president and chief investment officer at the NHP Foundation, an affordable housing preservation nonprofit, passed away on March 19 at the age of 70. Born in Baltimore, Green graduated from Yale University and stayed in New Haven,...
Kolter Homes, a developer of master-planned active adult communities in Central Florida, announced the opening of its latest development, Cresswind at Hammock Oaks. Located in Lady Lake, Florida, the new 55+ community will feature over 800 homes designed for active...
The UK government has announced plans to construct up to 18,000 new social and affordable homes at the cost of $2.58 billion. The construction period is slated to begin by March 2027 and achieve completion by June 2029. The government requested developers to submit...
Federal Housing Finance Agency (FHFA) Director Bill Pulte announced the rescinding of five advisory bulletins and directives issued during the Biden administration. The rescinded actions involve the advisory bulletin on climate-related risk management, the directive...
A slowing in refinance activity drove down mortgage application activity for the week ending March 21, according to data from Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2% on both a...
