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Florida Apartment Tower Transitions from Market Rate to Affordable Housing

Florida Apartment Tower Transitions from Market Rate to Affordable Housing

by Phil Hall | Sep 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A 208-unit apartment tower in Clearwater, Florida, that operated for 50 years as an affordable senior living complex before being turned into market rate housing that displaced its financially vulnerable residents is being transitioned into an affordable housing...
Scioto Properties Acquires 277-Property Portfolio for $80 Million

Scioto Properties Acquires 277-Property Portfolio for $80 Million

by Phil Hall | Sep 10, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Scioto Properties, a Columbus, Ohio-based real estate investment company focused on providing long-term residential financing services in the healthcare industry, has paid $80 million to acquire a portfolio of 277 properties across 17 states. The acquisition is the...
FHFA Releases Mortgage Loan and Natural Disaster Dashboard

FHFA Releases Mortgage Loan and Natural Disaster Dashboard

by Phil Hall | Sep 10, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) is now offering an online risk analysis tool designed to offer geographic estimates for physical risks from natural disasters along with nationwide data on housing and the mortgage market. The new Mortgage Loan and Natural...
A Phil Hall Op-Ed: When is Celebrity Real Estate Deserving of Coverage?

A Phil Hall Op-Ed: When is Celebrity Real Estate Deserving of Coverage?

by Phil Hall | Sep 9, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: The other day, I saw a headline from a Connecticut newspaper that declared: “TikTok star Nara Smith, model Lucky Blue Smith go house hunting in CT.” And my reaction to the headline was: “Who and who?” We don’t do a great deal of celebrity-related...
reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor

reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor

by Phil Hall | Sep 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

reAlpha Tech Corp. (NASDAQ: AIRE), a Dublin, Ohio-headquartered real estate company focused on artificial intelligence (AI) technologies, has acquired Debt Does Deals LLC, d/b/a Be My Neighbor, a mortgage brokerage company licensed to operate in 26 states. The...
Better.com Unveils FHA Streamline Refinance Product

Better.com Unveils FHA Streamline Refinance Product

by Phil Hall | Sep 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Better Home & Finance Holding Company (NASDAQ: BETR), also known as Better.com, has rolled out its FHA Streamline Refinance program. According to the New York City-headquartered company, the product is designed to streamline the process for qualified borrowers...
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