MCS, a Lewisville, Texas-based national property services company, has acquired property preservation company Five Brothers Asset Management Solutions. The Warren, Michigan-based Five Brothers will be integrated within MCS, with the combined entity offering property...
Hilton (NYSE: HLT) has announced its $210 million acquisition of the Graduate Hotels brand from Adventurous Journeys Capital Partners. Graduate Hotels primarily focuses on markets near major colleges and universities in the U.S. and U.K. This is Hilton’s first brand...
The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) found rates in decline. The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. A year ago at this time, it averaged 6.60%. The 15-year...
Zillow Group (NASDAQ:Z, ZG) reported new listings of existing homes on its platform were up 21% year-over-year in February, which followed a 20% annual uptick in January. Zillow noted new listings were up from one year ago in all of the nation’s 50 largest metros,...
Investors seeking the best returns in the single-family rental property market will find plenty of opportunities in the Midwest, Northeast and South, according to a new data report from ATTOM. In an analysis of 341 counties, ATTOM found the counties with the highest...
The Big Apple is getting smaller, based on new estimates from the U.S. Census Bureau. New York City’s population lost nearly 78,000 residents in 2023, according to a report in the New York Times. The year before, more than 126,000 residents moved out. Between April...
Hits and Misses for the Real Estate Week of June 29-July 3
