A new data report from ATTOM is highlighting a spike in commercial foreclosures over the last four years, from a low of 141 in May 2020 to the current figure of 635 in January. ATTOM noted May 2020 marked a significant low in commercial foreclosures due to the impacts...
The Miami Beach City Commission has voiced a unanimous opposition to a Miami-Dade County plan that would extend the Metromover elevated monorail system to South Beach, creating the first mass transit connection between the city and the Florida mainland. According to a...
CVS Health (NYSE: CVS) announced the allocation nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawaii. In collaboration with Urban Housing Communities, Ikaika ‘Ohana and Hunt Capital Partners, CVS...
The Federal Housing Administration (FHA) is rolling out a new loss mitigation home retention option aimed at delinquent borrowers with FHA-insured single-family forward mortgages. The new option is called the Payment Supplement and it allows mortgage servicers to...
The house where Jeff Bezos launched Amazon has been acquired. According to Mansion Global, the 1,540-square-foot residence at 10704 NE 28th Street in the Seattle suburb of Bellevue, Washington, as listed last month at $2.29 million and is now being identified as a...
The telecommunications company BT Group has announced the sale of its London landmark BT Tower to MCR Hotels for $346 million, with the new owner planning to transform the structure into a hotel. Located in the Fitzrovia district of Central London, the 620-foot-tall...
Hits and Misses for the Real Estate Week of June 29-July 3
