The total origination volume for open-ended home equity lines of credit (HELOCs) and closed-end home equity loans in 2023 were up 1.5% year-over-year while debt outstandings increased 8.3%, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending...
The homebuilder Tri Pointe Homes (NYSE:TPH) announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. The new project is based within Greenfield Communities’ 550-acre Serenity development in North Carolina’s Harnett County, just...
SmartRent Inc. (NYSE: SMRT), a Scottsdale, Arizona-based provider of smart communities and smart operations solutions for the rental housing industry, announced a transition plan impacting the company’s leadership. CEO Lucas Haldeman has stepped down from his position...
Scale Lending, the debt financing arm of Slate Property Group, announced a partnership with Harel Finance that will center on construction and bridge loans for multifamily and condominium projects. Scale directly originates senior secured whole loans, focusing on...
A Phil Hall Op-Ed: President Biden teeter-tottered back into the spotlight today with a ghostwritten article and a TelePrompTer speech that outlines his ideas to “reform” the Supreme Court. (In case you’re wondering what this has to do with real estate, be patient and...
Mainstreet Equity Corp. (TSX: MEQ), a Calgary-based real estate corporation specializing in mid-market apartment buildings in western Canada, announced it will provide housing assistance to evacuees from the ongoing Jasper wildfires. The company stated it would offer...
Hits and Misses for the Real Estate Week of June 15-19
