The office of California Gov. Gavin Newsom announced the redevelopment of an existing Department of Motor Vehicles (DMV) Field Office in San Francisco into an apartment complex. The current site was constructed in 1960, but it no longer complies with current health...
Belwood Investments announced its discounted acquisition of the Malibu property of rapper Kanye West. West purchased the property in 2021 for $57 million and gained notoriety with a highly publicized but ill-fated renovation project that remained unfinished when he...
Azora, a Spain-based global investment firm, and the Miami-based real estate investment and management corporation Advenir announced a new strategic partnership aimed at creating thousands of attainable rental housing units in key US markets. The deal creates a new,...
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.12% as of Oct. 3, up from last week when it averaged 6.08%. A year ago at this time, it averaged 7.49%. The 15-year...
A quartet of new regionally focused programs for current and prospective homeowners have been announced this week. Westerly, Rhode Island-based Washington Trust has expanded its RI Community Lending Program with the addition of I Luv RI Home Improvement Loans as home...
AOG Living, multifamily real estate investment, construction, and property management firm headquartered in Houston, has broken ground on Novum Plano, a new active adult community in Plano, Texas. Developed by AOG Living and financed by CRBE, the new community will...
Hits and Misses for the Real Estate Week of June 29-July 3
