Simon Property Group (NYSE: SPG), the Indianapolis-based real estate investment trust, announced an investment program of more than $250 million to further elevate three retail assets in its portfolio: The Mall at Green Hills in Nashville, Cherry Creek Shopping Center...
Mortgage rates continued to rise for the third straight week, albeit with incremental upticks, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5, up slightly from...
A recent report in the Washington Post highlighted a striking reality: economists, researchers, and policymakers cannot agree on the true size of the U.S. housing shortage. Estimates range from roughly two million homes to as many as twenty million. (Source:...
The real estate brokerage The Agency has opened its first office in West Virginia. Known as The Agency Morgantown, the new location will be led by Managing Partner Ryan Bashour, who is the founder of the mineral rights purchasing agency Pike Energy. “Morgantown...
A federal jury found the former Mayor of Willingboro Township, New Jersey, and his business associate guilty of mortgage fraud in connection with a fraudulent short sale of real estate. Former Mayor Nathaniel Anderson, who is also a town councilman, and Chrisone D....
The real estate investment firm FCP announced its $41 million acquisition of Cottages of Monroe, a 151-unit cottage-style apartment community in the Charlotte suburb of Monroe, North Carolina. Formerly known as Yardly Monroe, the property consists of one-story,...
