Current News & Events
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
Kentucky Home Sales Drop Amid Spike in New Listings
“Despite being in the middle of real estate’s slower season, now is still a great time to buy in Kentucky,” said Kentucky Realtors CEO Josh Summers. Continue Reading Kentucky Home Sales Drop Amid Spike in New Listings
ElmTree Funds Launches Two Industrial Property-Focused REITs
For its initial investment, the REITs acquired a 169,543 square-foot industrial property located in St. Louis. Continue Reading ElmTree Funds Launches Two Industrial Property-Focused REITs
Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
Andreesen and his wife acquired the 1.54-acre property in 2007 for $16.6 million. Continue Reading Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case
ew York Attorney General Letitia James threatened to seize Trump’s real estate assets if he failed to secure the bond. Continue Reading Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case
Trump Advisers Offer Possible Candidates to Replace Powell as Fed Chairman
Trump appointed Powell in 2018 but quickly soured on him. Continue Reading Trump Advisers Offer Possible Candidates to Replace Powell as Fed Chairman
Camilo Escalante to Chair NAHREP’s Corporate Board of Governors
Escalante is executive director of diverse segments at Guaranteed Rate. Continue Reading Camilo Escalante to Chair NAHREP’s Corporate Board of Governors
IMBs Recorded Net Production Losses in Q4 2023
“The fourth quarter of 2023 was about as challenging as it could get for mortgage lenders to generate a production profit,” said MBA’s Marina Walsh. Continue Reading IMBs Recorded Net Production Losses in Q4 2023
$109 Million in Construction Financing Secured for Brooklyn Multifamily Development
The complex will also include nearly 11,000 rentable square feet of above-grade retail. Continue Reading $109 Million in Construction Financing Secured for Brooklyn Multifamily Development
Armour Residential REIT Chief Jeffrey J. Zimmer to Retire
Zimmer held the leadership role at the company since November 2009. Continue Reading Armour Residential REIT Chief Jeffrey J. Zimmer to Retire
Hits and Misses for the Real Estate Week of March 11-15
An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 11-15
JLL Income Property Trust Acquires Oregon Apartment Community for $61 Million
The purchase includes the assumption of an in-place $26 million mortgage loan. Continue Reading JLL Income Property Trust Acquires Oregon Apartment Community for $61 Million
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