A vacation rental property in California’s Sonoma County Wine Country is making an unusual rental fee offer. In lieu of the $2.5 million list price, the property owner will accept $2 million in stock from the artificial intelligence provider Anthropic. The property at...
Corcoran Group LLC has announced its first franchise affiliate on Long Island with the launch of Corcoran SRG Residential, a brokerage based in Syosset, New York. The brokerage was founded in 2023 by co-owners David Cohen, Jared Sarney, and Sam Horowitz. It serves...
Roughly three in 10 homebuyers (28.8%) in March eschewed mortgage financing to pay for residential properties with all-cash transactions. According to a data report from Redfin, that share was down from 29.8% one year before and tied with 2021 for the lowest March...
The investment firms Bain Capital and 11North Partners announced their joint venture acquisition of five open-air retail centers located across four states for approximately $300 million. Collectively, the portfolio totals approximately 757,000 square feet and spans...
Mortgage application activity was lethargic during the week ending May 22, fueled primarily by a pullback in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Bascom Arizona Ventures LLC (BAZV), a subsidiary of the Irvine, California-based private equity firm The Bascom Group LLC, has acquired Domain 3201, a 289-unit multifamily property in Tucson, Arizona for $45.5 million or $157,439 per unit. Constructed in two phases in...
