The Bascom Group LLC, an Irvine, California-based private equity firm, announced its $103 million acquisition of The Ellison, a 294-unit apartment community located in the Summerlin/Spring Valley submarket of Las Vegas. Completed in 2024, The Ellison is a five-story...
American home sellers are looking to the spring with a renewed sense of optimism for a quick and profitable transaction, according to a survey from Realtor.com. The survey found 74% of respondents stating now is a good time to sell, while 83% of potential sellers...
Mortgage applications for new home purchases during March were up by 26% from the prior month and up 11% year-over-year, according to data from the Mortgage Bankers Association’s (MBA) Builder Application Survey. “Applications for the purchase of newly built...
The real estate developer Thompson Thrift announced its next project will be Argent Flats, a 273-unit multifamily community in Reno, Nevada. Argent Flats will be a four-story, elevator-served community featuring a mix of studio, one-, two- and three-bedroom...
Oakwood Homes announced it will begin selling single-family homes at Oquirrh Mountain Ranch, a master-planned community in Eagle Mountain, Utah. Sales are slated to start in May and pricing begins in the low $500,000s. The company said it can offer interest rate...
Maine’s statewide figure of 851 sales of single-family existing homes during March remained unchanged from one year earlier, according to data from the Maine Association of Realtors. Also unchanged year-over-year was the median sales price of $375,000. Judy Oberg, the...
