UDR Inc. (NYSE:UDR), a Denver-headquartered multifamily real estate investment trust, has teamed with LaSalle Investment Management, an operationally independent subsidiary of JLL (NYSE:JLL), on a $510 million joint venture focused on the multifamily market. The joint...
The Florida home of Sir Mick Jagger, the Rolling Stones frontman, is now on the market for $3.499 million. According to Realtor.com Jagger and his partner, retired ballerina and choreographer Melanie Hamrick, acquired the 0.35-acre property in The Lake Club gated...
A data analysis of the U.S. Census Bureau’s state and local tax data by the National Association of Home Builders (NAHB) has determined that property owners paid $174 billion in taxes during the first quarter of 2023 and $714 billion in the four quarters ending with...
Ellington Financial Inc. (NYSE: EFC), an Old Greenwich, Connecticut-based real estate investment trust (REIT) focused on both residential and commercial mortgage loans, is acquiring Great Ajax Corp. (NYSE: AJX), a New York City-based REIT that invests primarily in...
Premia Relocation Mortgage, a joint venture between Guaranteed Rate Inc. (GRI) and Sirva, announced that the companies have signed a definitive agreement for GRI to assume full ownership of the company. The financial aspects of the transaction were not disclosed. The...
The U.S. Department of Justice (DOJ) announced that Indian Land, South Carolina-based Movement Mortgage LLC will pay $23.75 million to resolve allegations that it violated the False Claims Act when it failed to comply with material program requirements during its...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
