The Mortgage Bankers Association (MBA) released an updated forecast that predicts total commercial and multifamily mortgage borrowing and lending will reach $576 billion in 2024, up by 29% from last year’s estimated total of $444 billion. The total figure includes...
The Saudi Arabian government has announced a major shift in its economic policies to allow non-Saudis to invest in listed companies that own real estate in the holy cities of Mecca and Medina. The Saudi Gazette reported that Mohammed Elkuwaiz, board chairman of the...
Is Russian President Vladimir Putin seeking to reclaim his nation’s one-time colony of Alaska? A vaguely worded Kremlin decree might be considered as an attempt to launch the largest real estate transaction of the 21st century, although the State Department...
Chicago-based Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities, has acquired a 243,650-square-foot facility with an additional 18 acres of contiguous land from Gordon Food Service (GFS) in Plant...
Consolidated Analytics Inc. (CA), a provider of technology-driven solutions for the mortgage industry, has acquired Real Info Inc., a provider of property data and valuation technology solutions. The financial terms of the deal were not released. According to the...
The real estate development company Thompson Thrift announced the acquisition of approximately 20 acres of land for the development of South Bridge Marketplace, a retail property near Phoenix. Construction of the first phase is slated to begin in April. The second...
Hits and Misses for the Real Estate Week of June 29-July 3
