RE Cost Seg, a New York City-based provider of cost segregation studies for real estate investors, has recruited Zac Prince as CEO. Prince was formerly the founder and CEO of BlockFi, a cryptocurrency financial services business. RE Cost Seg’s existing leadership team...
The private equity firm Bascom Group LLC has acquired San Miguel Court Apartments, a garden-style multifamily property in Santa Fe, New Mexico. Built in 1974, the 96-unit San Miguel Court features a mix of including one-, two- and three-bedroom units. This is Bascom’s...
Secretary of Housing and Urban Development Marcia Fudge is resigning, effective March 22. Fudge represented Ohio’s 11th Congressional District from November 2008 until her confirmation at HUD secretary in March 2021. In a statement, President Biden praised Fudge,...
The head of the Mortgage Bankers Association (MBA) has criticized the Consumer Financial Protection Bureau (CFPB) of being both “politically motivated” and ignorant regarding the closing costs process in homebuying. On Friday, the CFPB published a blog...
Forewarn LLC, a provider of real-time information solutions for real estate agents, announced that the Austin Board of Realtors (ABOR) will offer its client identification services to the more than 16,000 members it serves across 18 counties in Central Texas....
The real estate crowdfunding firm Neighborhood Ventures has launched the Arizona Multifamily Opportunistic Fund, which is designed offer investments in Arizona multifamily commercial properties that Neighborhood Ventures estimates are selling at a distressed rate of...
Hits and Misses for the Real Estate Week of June 29-July 3
