Ownify, the San Francisco-based fractional homeownership platform, has launched a new fund in Colorado that will co-invest in single-family starter homes alongside qualified first-time homebuyers. The Ownify Home Fund Colorado will allow qualified first-time buyers to...
A crackdown by Immigration and Customs Enforcement (ICE) on illegal immigrant activity is being blamed for an Austin multifamily property moving to special servicing after nearly three-quarters of residents abruptly moved out. According to a Multifamily Dive report...
Chicago Mayor Brandon Johnson is making a new effort to stop the Chicago Bears from moving out of his city by calling out a proposed property tax break that would enable to the team to build a new domed stadium in suburban Arlington Heights. The Chicago Sun-Times...
Mortgage application activity slowed during the week ending May 1, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.4% on a seasonally adjusted basis from one...
Hedge fund executive Ken Griffin is expanding the office space for the Miami headquarters of his Citadel LLC operations after New York City Mayor Zohran Mamdani shot an online video outside of Griffin’s Manhattan residence highlighting a proposed “tax the rich”...
The real estate firm ECI Group has teamed with ApexOne Investment Partners in a joint venture to form ApexOne-ECI Multifamily Fund VI LP, which will focus on the acquisition, redevelopment and managing of multifamily assets across the Sunbelt, Midwest, and Mountain...