Transwestern Hospitality Group (THG) announced it has acquired Hotel Granduca, a 122-key luxury hospitality property in Houston, from Leading Hotels of the World Ltd. for an undisclosed price. THG partners Tyler Lavin and Thomas Duncan, supported by...
Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory services firm, has expanded its Carolinas Investment Sales team with the addition of Michael Saclarides and managing director. In his new role,...
Mortgage rates remained at the mid-6% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, slightly up from last week when it averaged 6.62%. A year ago at this time, it...
Foreclosure filings were reported on 357,062 residential properties in 2023, according to a new report from ATTOM. This represents a 10% increase from 2022 and a 136% spike from 2021, but it was also down by 28% from pre-pandemic 2019 and down by 88% from the 2010...
The Consumer Financial Protection Bureau (CFPB) issued guidance to consumer reporting companies to address inaccuracies in background check reports and problems in credit file sharing practices. According to the agency, the advisory opinion on background check reports...
The Toronto-based proptech Requity Homes announced the closing of $26 million in equity and debt financing. Requity Homes offers Canadians a rent-to-own program that enables them to rent their residence while being able to save money the option to purchase at a...
A Phil Hall Op-Ed: Lost in the Mail
