Alloy Development has selected Radial Power and MaxSolar to provide 100% renewable energy to the 44-story 505 State Street in Brooklyn, which is being promotes as New York City’s first all-electric, carbon-free residential tower. Radial Power will allocate of 900...
Nearly half (47.7%) of mortgaged residential properties were considered equity-rich in the fourth quarter of 2024, according to data from ATTOM. That level is slightly lower from the 48.3% in the third quarter and from a recent peak of 49.2% in the second quarter –...
Apartment rents in Seattle’s downtown rose for the first time in 17 months in December, according to data from Redfin (NASDAQ: RDFN). The rent hike was a 2.5% year-over-year uptick to a median of $2,000. Seattle’s median rent seesawed over the past five years,...
The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.8% annual return for November, up from a 3.6% annual gain in October. The 10-City Composite saw an annual increase of 4.9%, the same level as in the previous month, while the 20-City...
Société immobilière Bélanger, a property management firm operating in the Quebec City area, has acquired a multifamily housing portfolio of 1,057 units across 39 buildings from Logisco for $143 million, its largest acquisition. The properties are located on both sides...
The San Diego-headquartered home equity-focused fintech Splitero announced its expansion into five states: Florida, Nevada, Ohio, Pennsylvania, and South Carolina. Splitero Home Equity Investments (HEIs) is designed to allow homeowners to use their home equity to...
