Lennar Acquires Arkansas Builder Rausch Coleman Homes
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...
Report: Home of Missing Texas Realtor May Be Sold
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...
Housing Starts Dropped in October
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...
Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
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...
Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
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...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
