A mostly empty Connecticut mall may soon be demolished in favor of a new mixed-use complex. Enfield Square Mall is a single-level mall in the Town of Enfield in northern Connecticut that opened in 1971. According to a Hartford Courant report, a new proposal was...
Bank of America (NYSE:BAC) is purchasing a portfolio of 2,000 commercial multifamily real estate loans from Washington Federal Bank, the wholly owned subsidiary of WaFd (NASDAQ:WAF), for $2.9 billion. In a filing with the U.S. Securities and Exchange Commission, WaFd...
Rapper Kendrick Lamar has paused his public feud with music rival Drake to close on a $40 million estate in the Brentwood section of Los Angeles. The Wall Street Journal, citing unnamed “people familiar with the deal,” first reported the sale of the 0.84-acre...
A questioning of the Biden homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 13-17. Hit: Sparking a Much-Needed...
California’s median home price reached a new all-time high at $904,210 in April, up 11.4% from $811,510 one year earlier and up 5.8% from March’s $854,490. According to the California Association of Realtors (CAR), this is the first time the median home price...
The mortgage advisory firms Stratmor Group and Teraverde have announced a merger. According to the companies, both firms will operate under the Stratmor brand and will combine their respective programs, technology, and subject-matter expertise. “The mortgage industry...
Hits and Misses for the Real Estate Week of June 8-12
