The private equity real estate firm Prudent Growth Partners LLC has completed its $8 million purchase of the Village Shoppes of Destin, a 28,834-square-foot multi-tenant shopping center located in Destin, Florida. Built in 2007, the property is located within a retail...
The housing market has developed a massive case of cold feet as home purchase transactions are being canceled at a record rate, according to new data from Redfin (NASDAQ:RDFN). During June, Redfin recorded nearly 56,000 home-purchase agreements cancelations, equal to...
Although home price growth was stronger than expected during the second quarter, prices are likely to moderate and close out 2024 and 2025 at annual rates of 6.1% and 3.0%, respectively, according to the July 2024 commentary from the Fannie Mae (OTCQB:FNMA) Economic...
Pretium, a New York City-headquartered investment firm with over $50 billion in assets under management, has closed its sixth single-family housing fund above target with $1.5 billion in aggregate commitments to create more affordable housing. According to the firm,...
Lawyers representing former President Donald Trump have filed an appeal seeking to either reduce or dismiss the $454 million judgment levied earlier this year in the New York City-based civil fraud case related to the valuations of his real estate assets. The New York...
A Phil Hall Op-Ed: Last week, I came upon two posts on X (formerly Twitter) that called out real estate agents who took to social media to share vile thoughts. The conservative-focused account Libs of TikTok called out Colleen Payne, who identified herself as a...
Hits and Misses for the Real Estate Week of Aug. 10-14
