The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June...
Another strategy for lowering Ohio’s property taxes has been brought forth with a new bill that would give counties the ability to lower property taxes if the amount collected is more than needed. WCMH reports House Bill 309, introduced by David Thomas (R-Jefferson),...
The private equity real estate firm Henderson Park, working in partnership with the real estate developer and investor Lowe, has commenced work on the office-to-residential conversion of 1250 Maryland Avenue SW in Washington, DC. Currently known as Portals I, the...
The real estate investment company Kennedy Wilson (NYSE: KW) has partnered with Kenedix, Inc. and Hulic Co. Ltd. on the $173 million acquisition of The Danforth, a 265-unit multifamily community in Seattle. The 16-story Danforth was constructed in 2018 at the...
The latest Special Housing Risk Report from ATTOM has determined California and New Jersey had high concentrations of counties considered most at-risk during the first quarter. The report identified risk by affordability, proportion of seriously underwater mortgages,...
Mortgage rates showed the barest of a downward movement in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.84% as of June 12, down slightly from last week when it averaged 6.85%. A year ago...
