Bank of America (NYSE:BAC) is purchasing a portfolio of 2,000 commercial multifamily real estate loans from Washington Federal Bank, the wholly owned subsidiary of WaFd (NASDAQ:WAF), for $2.9 billion. In a filing with the U.S. Securities and Exchange Commission, WaFd...
Rapper Kendrick Lamar has paused his public feud with music rival Drake to close on a $40 million estate in the Brentwood section of Los Angeles. The Wall Street Journal, citing unnamed “people familiar with the deal,” first reported the sale of the 0.84-acre...
A questioning of the Biden homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 13-17. Hit: Sparking a Much-Needed...
California’s median home price reached a new all-time high at $904,210 in April, up 11.4% from $811,510 one year earlier and up 5.8% from March’s $854,490. According to the California Association of Realtors (CAR), this is the first time the median home price...
The mortgage advisory firms Stratmor Group and Teraverde have announced a merger. According to the companies, both firms will operate under the Stratmor brand and will combine their respective programs, technology, and subject-matter expertise. “The mortgage industry...
The Canadian vegan fast-food restaurant chain Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) has signed its second U.S. area representative agreement for the development of 40 locations in Florida over the next eight years. The agreement was signed with StarMatt...
FBI Adds Fugitive Real Estate Fraudster to Most Wanted List
