Freddie Mac (OTCQB: FMCC) announced the appointment of Diana Reid as the new CEO. Reid, who will also serve as a member of Freddie Mac’s board of directors, succeeds Michael J. DeVito, who retired earlier this year. Michael Hutchins, who served as interim CEO, will...
West77 Partners, a real estate investment and development firm based in Bellevue, Washington, and Salt Lake City, has opened a new office in the greater Phoenix market. According to the company, the new office will handle its construction of multiple LivAway Suites...
A 208-unit apartment tower in Clearwater, Florida, that operated for 50 years as an affordable senior living complex before being turned into market rate housing that displaced its financially vulnerable residents is being transitioned into an affordable housing...
Scioto Properties, a Columbus, Ohio-based real estate investment company focused on providing long-term residential financing services in the healthcare industry, has paid $80 million to acquire a portfolio of 277 properties across 17 states. The acquisition is the...
The Federal Housing Finance Agency (FHFA) is now offering an online risk analysis tool designed to offer geographic estimates for physical risks from natural disasters along with nationwide data on housing and the mortgage market. The new Mortgage Loan and Natural...
A Phil Hall Op-Ed: The other day, I saw a headline from a Connecticut newspaper that declared: “TikTok star Nara Smith, model Lucky Blue Smith go house hunting in CT.” And my reaction to the headline was: “Who and who?” We don’t do a great deal of celebrity-related...
Hits and Misses for the Real Estate Week of May 11-15
