Builder confidence in the market for newly built single-family homes inched up by three points to 37 in December, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This uptick ends a four-month decline for...
The self storage industry is being impacted by the problems shaping the housing market, according to the latest Self Storage National Report from Yardi Matrix. The average annualized same-store asking rate per square foot for combined unit sizes and types averaged...
The Federal Reserve’s mixed messaging, a music icon’s embrace of commercial real estate and a new record level of homelessness. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 11-15. Hit: Keeping a Finger on the Pause...
When luxury homes are listed and fail to attract buyers, many sellers will cut the price. However, British music icon Rod Stewart is taking a different approach on his Los Angeles-area estate. According to Mansion Global, Stewart listed his 33,000-square-foot mansion...
The NRP Group, a developer and owner/manager of multifamily housing, has partnered with the nonprofit Community Housing Resource Partners and the City of San Antonio to launch the construction of Nova Lofts, a 65-unit community on the city’s Northeast side. Nova Lofts...
Thrive Living has partnered with JPMorgan Chase (NYSE:JPM) on a new 376-unit affordable and workforce housing community on the site of a former industrial storage facility north of Downtown Los Angeles. A new six-story mixed-use apartment complex is now under...
