A slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 9-13. Miss: An Unsettled Settlement. The US Department of Justice (DOJ)...
The National Association of Realtors (NAR) announced its picks for the 10 Top Housing Hot Spots 2025. This year’s list was compiled based on 10 factors: 1) Share of locked-in homeowners; 2) Average mortgage rate; 3) Job growth; 4) Share of millennial renters who can...
Two real estate development firms, The NRP Group and Rockefeller Group, have announced the groundbreaking for Silverado, a Class-A, 342-unit apartment community in Las Vegas. The new property is located in the Enterprise submarket near the Southern Highlands...
Neighborhood Ventures, an Arizona-based real estate crowdfunding company, is acquiring Venture on Colter, a distressed 123-unit multifamily property in Central Phoenix. The property, formerly known as Thom Slate on Colter, is being purchased directly from the lender...
The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired 2300 Elliott, a 92-unit multifamily community in Seattle. Built in 1992, the property features a five-story residential building situated above two levels of structured...
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12, down from last week when it averaged 6.69%. A year ago at this time, it averaged...
Hits and Misses for the Real Estate Week of June 29-July 3
