Lennar Corp. (NYSE:LEN) announced the grand opening of Del Mar, a master-planned community offering two collections of townhomes for sale in Miami. According to the company, Del Mar features the Seaview Collection offering five two-story townhome designs ranging from...
Mortgage rates declined again, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of June 13, down from last week when it averaged 6.99%. A year ago at this time, it averaged 6.69%....
California, Illinois and New Jersey continued to have the highest concentrations of at-risk housing markets during the first quarter, according to a data report from ATTOM. The newly published Special Housing Risk Report analyzed first quarter statistics related to...
Jack in the Box Inc. (NASDAQ: JACK) has signed a development agreement to open 15 locations throughout Georgia. The agreement brings the fast-food chain into Georgia for the first time while expanding its presence in the southeast. The new sites have not been...
Owen Lee, CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. (SMP), was nominated to become the Mortgage Bankers Association’s (MBA) vice chairman for the 2025 membership year. Lee will be installed as vice chairman at the MBA’s 111th Annual Convention in...
Gindi Equities, a New York City-based investment manager that targets multifamily assets, has acquired Osgood Townsite Apartments community in Fargo, North Dakota, from Property Resources Group. The financial terms of the deal were not disclosed. The purchase marks...
Hits and Misses for the Real Estate Week of May 11-15
