Habitat for Humanity International’s community development financial institution, Habitat Capital, announced a new partnership to establish an $82.5 million property acquisition fund to boost US affordable housing production by an estimated 1,000 homes. The new...
Atlanta-headquartered Beazer Homes (NYSE: BZH) has launched Charity Home Insurance Agency, a wholly owned company that pledges to donate 100% of its net profits to charity. Beazer Homes is partnering with Westwood Insurance Agency to power Charity Home Insurance...
Buckingham, an Indianapolis-headquartered real estate investment firm, has hired W. Jeffrey Beckham as chief investment officer. In his new role, Beckham will oversee investment strategy, portfolio management, and capital. Beckham previously served as head of...
Seven & i Holdings Co. Ltd. (OTCMKTS: SVNDY), the Tokyo-headquartered parent company of the 7-Eleven convenience store chain, announced it will spin off its North American operations into a separate company. In a press statement, the company declared it would...
The European Central Bank (ECB) enacted a new round of 25 basis points interest rate cuts. The ECB’s interest rates on the deposit facility, the main refinancing operations and the marginal lending facility are being reduced to 2.50%, 2.65% and 2.90% respectively,...
Mortgage rates continued their decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.63% as of March 6, down from last week when it averaged 6.76%. A year ago at this time, it averaged...
