The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.4% annual gain for February, up from a 6.0% rise in the previous month. The 10-City Composite showed an increase of 8.0%, up from a 7.4% increase in the previous month, while the...
Fannie Mae (OTCQB: FNMA) released its annual update to the 2022-2024 Equitable Housing Finance Plan designed to eradicate barriers faced by historically underserved communities. The 2024 Plan outlines 23 specific actions that expand action from the plan’s first two...
Median rent prices inched down by 0.3% year-over-year in March, according to new data from Realtor.com. This marked the eighth consecutive month of declines in year-over-year prices. Nonetheless, the median rent of $1,722 was only $36 less than the peak seen in August...
The private equity firm East Chop Capital announced the $11 million closure of its Fund II, which focuses exclusively on luxury vacation rental homes. According to the company, Fund II drew equity investments from 93 LPs, including Liberty Financial Services....
“Breaking Bad” star Bryan Cranston has listed his co-op apartment on Manhattan’s Central Park South or $3.495 million. The Wall Street Journal reports Cranston acquired the apartment for $3.1 million in 2017 when he relocated to New York City to appear in the Broadway...
The coworking company WeWork (OTCMKTS: WEWKQ) announced the securing of $450 million in new funding that will fuel its exit from Chapter 11 bankruptcy. The property management software provider Yardi Systems is taking a 60% stake in WeWork through its subsidiary Cupar...
Hits and Misses for the Real Estate Week of May 11-15
