Hamilton Zanze, a San Francisco-based multifamily real estate investment firm, has sponsored the purchase of The Morris, a 19-story, 344-unit Class A apartment community in Nashville. The acquisition closed on Aug. 16 and the financial terms of the transaction were...
The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced a $1.5 million increase for its Community First Housing Counseling Resource Program (HCRP) for the current program year. FHLBank Chicago launched the HCRP in 2022 to provide grants to HUD-certified...
JVM Realty, a Chicago-headquartered multifamily real estate investment and property management firm, has hired Adam Short as the company’s chief investment officer. In his new position, Short will be responsible for managing all aspects related to JVM’s capital needs...
The S&P CoreLogic Case-Shiller Indices reached a new all-time high, albeit with a decelerating trend, during June’s housing market. The S&P CoreLogic Case-Shiller US National Home Price NSA Index, covering all nine census divisions, reported a 5.4% annual gain...
The Phoenix-headquartered investment real estate brokerage Aurumys has opened its seventh office in its seventh state in Kansas City, Missouri. According to the new company, the new office will cover the entire metro territory across the Missouri and Kansas state...
The homebuilder Lennar (NYSE:LEN) announced the opening of Foree Ranch, a new master-planned community located in Providence Village, Texas. Foree Ranch offers 1,450 homesites that can accommodate four of Lennar’s single-family home collections ranging in size from...
Hits and Misses for the Real Estate Week of May 4-8
