Mortgage credit availability increased slightly in May, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by 0.1% to 94.1 in May; the index was benchmarked to 100 in March 2012. The...
DLC, the Elmsford, New York-based owner/operator of open-air retail assets, has acquired the Colony Place shopping center in Plymouth, Massachusetts, for $86 million in an off-market transaction. Colony Place has more than 50 stores and is 94% leased. The shopping...
The San Francisco home whose exterior was used as the Tanner family residence in sitcom “Full House” has been listed for $6.5 million. According to Mansion Global, the Pacific Heights property was owned by the show’s creator, Jeff Franklin, who acquired it for $4...
Mortgage rates dipped in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.99% as of June 6, down from last week when it averaged 7.03%. A year ago at this time, it averaged 6.71%. The 15-year...
The fruit food and beverage company Welch’s has announced it will relocate its corporate headquarters to Waltham, Massachusetts, in 2025. The new Welch’s headquarters will be in Reservoir Place at 1601 Trapelo Road, a building owned by Boston Properties...
NNN Pro, the New York City-headquartered net lease investment sales and advisory firm, appointed Salvatore Troia as chief financial officer (CFO). Troia most recently served as CFO at Douglas Elliman Real Estate, a division of Douglas Elliman Inc (NYSE: DOUG). During...
HUD Updates 14 FHA Policies in Move to Improve Affordability
