Security Properties, in partnership with RGA ReCap Inc. on behalf of Reinsurance Group of America Inc., has acquired Seattle’s 100-unit property Henry Apartments for $34.7 million. Henry Apartments was built in 2017, and Security Properties is planning a targeted...
Placemakr, a flexible-use hospitality and multifamily operator, has launched of its first Utah property in Salt Lake City. Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished...
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
JTE Real Estate has unveiled Arbor Ridge, a new home community located outside Myrtle Beach, South Carolina. Arbor Ridge will offer an 18-unit mix of three- and four-bedroom homes ranging from 1,828 to 2,382 total square feet. The four-bedroom plans include a...
The federal Financial Crimes Enforcement Network (FinCEN) has renewed its Geographic Targeting Orders (GTOs) that requires US title insurance companies to identify the individuals behind shell companies used in non-financed purchases of residential real estate. The...
Sen. Catherine Cortez Masto (D-NV), the ranking member of the Senate Financial Institutions and Consumer Protection Subcommittee, has put forth the “Federal Home Loan Banks’ Mission Activities Act” with the goal of refocusing the mission of the 11 Federal Home Loan...
