Initia Real Estate, a full-service brokerage serving Canada and Mexico, announced the opening of a new office in Red Deer, Alberta. The new office is Initia’s third in Alberta – its headquarters is in Edmonton and it also has a presence in Calgary. Initia’s other...
AIDS Healthcare Foundation (AHF) announced that it notified the receiver for the Los Angeles-based Skid Row Housing Trust that it is not going through with its planned $27 million purchase of six distressed properties. “During the escrow due diligence process, AHF...
HomeServices of America has agreed to a $250 million settlement to resolve the charges brought against the company in the Sitzer/Burnett trial. The company, which is owned by Warren E. Buffett’s Berkshire Hathaway Energy, was the last defendant in the case to agree to...
The National Association of Home Builders (NAHB) has slammed the Biden administration’s decision to force the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) will insure mortgages for new homes only if they are...
Last year was problematic for independent mortgage banks and the mortgage subsidiaries of chartered banks – according to new data from the Mortgage Bankers Association (MBA), this sector lost an average of $1,056 on each loan they originated in 2023, down from an...
The U.S. office market generated $5.4 billion in first quarter sales, according to new data from CommercialEdge. This represents a 17% decline from the $6.5 billion from the first quarter of 2023 and significantly below the $18.9 billion generated two years earlier in...
New Report Details Massive Parcel Vacancy Blight Across St. Louis
