The Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) has launched the Hundred Homes Initiative, with the goal of offering $5 million in funding to move 100 households living in mobile homes constructed before June 15, 1976, into updated housing. The date was...
Baby boomers are largest generational group of homebuyers, according to the National Association of Realtors’ (NAR) 2025 Home Buyers and Sellers Generational Trends report. The combined share of younger boomers (ages 60–69) and older boomers (ages 70–78) rose to 42%...
Hoboken, New Jersery-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced its first acquisition in the Los Angeles area with the $9.975 million purchase of a multi-tenant industrial building located in Torrance,...
Sunstone Two Tree, a developer and operator of rental housing communities, has acquired Terraza Hills, a 200-unit apartment property in San Diego, for $45 million or $225,000 per unit. The property was built in 1976 and still in its original condition. Sunstone Two...
UWM Holdings Corporation (NYSE: UWMC) has named Rami Hasani as its new chief financial officer, effective April 1. He will replace Andrew Hubacker, who is moving into a senior advisor role with the Pontiac, Michigan-based company. Hasani originally joined the company...
The City of Jackson, Mississippi, has partnered with Grow America, a New York City-based community and economic development nonprofit, to create the Real Estate Developer Academy, an initiative is designed to educate aspiring developers on how to create and complete...