A joint venture between an affiliate of Starwood Capital Group and an affiliate of Land Strategies Management (dba Starwood Land) has completed an $800 million acquisition of a portfolio of master-planned communities in Texas from Hines, the real estate investment...
Buyers in the Manhattan luxury apartment market opened their deep wallets during the first quarter, with sales surging 29% to 2,560 closed transactions, up from 1,988 one year earlier. CNBC, citing multiple data sources, reports the total value of Manhattan’s luxury...
February was a rough month for the condominium market, with roughly two-thirds (68.4%) of these properties selling for less than their original asking price, according to new data from Redfin (NASDAQ: RDFN). This is up from 63.3% a year earlier and the highest...
Crescent Seas, a provider of residential luxury living at sea, has added of a second ship to its portfolio. The Crescent Seas’ second ship, Insignia, will undergo a more than $50 million comprehensive revitalization and will feature 290 residences priced from...
Mortgage rates sank again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.64% as of April 3, down slightly from last week when it averaged 6.65%. A year ago at this time, it averaged...
Avanti Residential, a Denver-based multifamily investor and operator, has rolled out its new affiliate Avanti Residential Housing, which will focus on Low-Income Housing Tax Credit (LIHTC) development, acquisition, and preservation. The new Tampa-based affiliate will...
