AG Mortgage Investment Trust Inc. (NYSE: MITT) has made an unsolicited offer to acquire Western Asset Mortgage Capital Corp. (NYSE: WMC), which is already in merger talks with another real estate investment trust. In a letter to the Western Asset board of directors,...
Boston Mayor Michelle Wu has unveiled a program offering tax incentives that will encourage the conversion of downtown office buildings into residential housing. According to an Associated Press report, the program will accept applications through June 2024 and...
Fidelity Investments Canada ULC is partnering with Brookfield Asset Management (NYSE: BAM) on an endeavor where Brookfield will invest in and manage a newly formed portfolio of “high quality” Canadian real estate assets on behalf of Fidelity. According to the...
U.S. Bank (NYSE:USB) has launched a mortgage special purpose credit program designed to expand access to homeownership within predominantly minority communities. The U.S. Bank Access Home Loan provides qualified borrowers with up to $12,500 in down payment assistance...
I am so excited to bring you this weekly technology column focused on technology, tools and techniques that real estate agents and brokers can use to be more successful in the market. For those that don’t know me, I am Chairman and Founder at PROGRESS in Lending...
The Manhattan townhome that was the longtime residence of the award-winning Broadway composer and lyricist Stephen Sondheim has gone on the market for $7 million. Located in the exclusive Turtle Bay Gardens Historic District enclave, the five-story, 5,690-square-foot...