The homebuilder Lennar Corporation (NYSE: LEN, LEN.B) has acquired Rausch Coleman Homes, a residential homebuilder based in Fayetteville, Arkansas. The financial aspects of the deal were not disclosed. According to the company, Lennar will acquire Rausch...
The home of missing and presumed dead Texas realtor Suzanne Clark Simpson may be sold as her husband Brad Simpson, who was charged with murder, remains behind bars. Fox News reported Barton Simpson, the brother of Brad Simpson, said in an interview that the home could...
Single-family housing starts during October were at a rate of 970,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This represents a 6.9% decline from the September figure of 1.04 million. Privately-owned housing...
LandBridge Company LLC (NYSE: LB), a Houston-headquartered oil property acquirer and land management business, has purchased approximately 46,000 largely contiguous surface acres in Texas’ Southern Delaware Basin for $245 million in cash. The property, known as the...
The New York City-based investment firm Blackstone (NYSE:BK) has announced its acquisition of a majority ownership stake in Jersey Mike’s Subs, a franchisor of fast-casual submarine sandwich stores. The financial terms of the transaction were not disclosed, although...
Canadian housing starts were on the rise in October, according to new data from the Canada Mortgage and Housing Corporation (CMHC). The total monthly seasonally adjusted annual rate (SAAR) of housing starts 240,761 units in October, an 8% rise from September’s total...
CMBS Delinquency Rate Dips by Single Basis Point
