Current News & Events
Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
The acquisition further expands Neighborhood Ventures’ portfolio of Phoenix-area multifamily properties. Continue Reading Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
Pending Home Sales Up in February
“The slight gain in pending contracts appears to be driven by improved affordability conditions,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Up in February
Lucid Capital Markets Establishes REIT Equity Research Group
Lucid Capital Markets LLC, a New York City-based broker dealer and investment bank, has launched its REIT Equity Research Franchise with the hiring of Craig Kucera as managing director. In his new role, Kucera will have coverage responsibilities across the real estate...
MBA: Slower Pace on Applications for New Home Purchase Applications
The average loan size for new homes decreased from $400,150 in May to $399,879 in June. Continue Reading MBA: Slower Pace on Applications for New Home Purchase Applications
Apple Teams with Nonprofits on Fund to Create Bay Area Affordable Housing
Apple Inc. (NASDAQ:AAPL) has partnered with three nonprofits – San Francisco Housing Accelerator Fund, Sobrato Philanthropies, and Destination: Home – to launch the new Bay Area Housing Innovation Fund with the goal of originating targeted loans to advance affordable...
RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
RBC stated that nearly 40% of its operational carbon emissions stem from its retail locations across Canada. Continue Reading RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
Natalie Cheney Named CEO at House Analytics
Co-founder and former CEO Charlie Matthews will become chief growth officer. Continue Reading Natalie Cheney Named CEO at House Analytics
Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
The exact focus of the DOJ’s inquiry is unclear. Continue Reading Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
NHP Foundation Acquires Historic Section 8 Property in Massachusetts
This acquisition is one of the largest transactions by the foundation. Continue Reading NHP Foundation Acquires Historic Section 8 Property in Massachusetts
All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Sales began in October, with Armani himself purchasing a unit the 12-story complex. Continue Reading All Units Sold at NYC Luxury Condo Giorgio Armani Residences
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.77% as of July 18. Continue Reading Mortgage Rates Drop Again
California Leads the Nation with Commercial Property Foreclosures
June’s data marked California’s first monthly decline after seven consecutive months of rising commercial foreclosure levels. Continue Reading California Leads the Nation with Commercial Property Foreclosures
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