A new record was set in the Colorado housing market with the $77 million sale of a 12,655-square-foot home on 60.78 acres of ranchland in Aspen. The Aspen Times reported the 8-bedroom, 11-bathroom home was purchased in a cash deal. The property, which was built in...
McShane Construction Company was tapped by Lincoln Avenue Communities to build Canyons, a 60-unit affordable housing residence in Madison, Wisconsin. Positioned on a 1.12-acre site, the building will feature four stories of wood frame construction atop a concrete...
CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG’s...
The U.S. Department of Housing and Urban Development (HUD) and the City of Indianapolis signed an agreement to take possession over the Indianapolis Housing Agency (IHA). HUD and the city government said this action was designed to “restore public confidence” in the...
The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...
The median monthly housing payment reached a record high of $2,747 during the four weeks ending April 7, according to new data from Redfin (NASDAQ:RDFN). This marked an 11% year-over-year upswing. Redfin attributed this situation to elevated home prices and mortgage...
Hits and Misses for the Real Estate Week of June 15-19
