Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household, according to new data from Redfin (NASDAQ:RDFN). This presents a drop from 20.7 in 2022 for a new record low; prior to the pandemic, more than 40% of homes were affordable. Redfin...
Talonvest Capital Inc., a self-storage and commercial real estate advisory firm headquartered in Irvine, California, issued a joint announcement with its client Castle Hill Investors LLC on the closing of a $25.2 million loan for the refinancing of two Class-A storage...
Toronto-headquartered Four Seasons Hotels and Resorts is teaming with Hong Kong’s Fungseng Prosperity Holdings Ltd. for the creation of new hotel in Shanghai. The 44-story Four Seasons Hotel Shanghai will offer 60 luxuriously appointed rooms and suites within the...
A super-tall apartment complex for Oklahoma City, bad news for California’s housing market and a historic lovers’ rendezvous for sale. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Dec. 18-22. Hit: Thinking Big....
Camber Property Group, a developer of affordable housing complexes in New York City, has announced updates on two of its ongoing projects. The company kicked off the first two phases of a $1 billion mixed-use 100% affordable development known as Stevenson Square in...
A Phil Hall Op-Ed: Lost in the Mail
