Featured Real Estate News
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
The Houston-headquartered developer Wan Bridge has announced the launch of Frontera Shores, a new master-planned rental home community in the Dallas-area city of Lewisville, Texas. Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans...
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans ranging from approximately 1,280 to 1,880 square feet. Continue Reading Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Rick Seehausen Named President of Lenders One
Altisource Portfolio Solutions (NASDAQ: ASPS), announced the appointment of Rick Seehausen as president of its Lenders One subsidiary. Lenders One is a national alliance of independent mortgage bankers, banks, and credit unions. Seehausen most recently served as...
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
The builder Tri Pointe Homes Inc. (NYSE: TPH) is being acquired by Japan’s Sumitomo Forestry for $47.00 per common share, in an all-cash transaction valued at approximately $4.5 billion. Founded in 2009, Tri Pointe Homes focuses on the Western, Southwestern, and...
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
District of Columbia Attorney General Brian L. Schwalb has filed a civil lawsuit against a family of landlords, claiming they are operating a “slumlord empire” built on a Ponzi scheme foundation. Schwalb cited Ali “Sam” Razjooyan, his brother Eimon “Ray” Razjooyan,...
News & Current Events
NAMB Releases White Paper on Solving Affordable Homeownership Challenges
NAMB seeks legislative change regarding Mortgage Loan Originator compensation reform and reauthorization of the National Flood Insurance Program. Continue Reading NAMB Releases White Paper on Solving Affordable Homeownership Challenges
Florida’s Valiente Polo Farm Listed for Sale
The 150-acre Valiente Polo Farm in Wellington, Florida, is being marketed by Icon Global. Continue Reading Florida’s Valiente Polo Farm Listed for Sale
12,000-Seat Soccer Stadium Project Planned for Baltimore
“We want to build the professional soccer foundation in Baltimore that’s going to lead to growth in the future,” said DC United Co-Chairman and CEO Jason Levien. Continue Reading 12,000-Seat Soccer Stadium Project Planned for Baltimore
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Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Dallas-based Merriman Anderson Architects has been hired to create architectural studies for this proposed endeavor. Continue Reading Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. Continue Reading Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
Four Seasons to Create Luxury Residential Development at Saudi Resort of Shura Island
The development will have direct access to the beach and to the Red Sea. Continue Reading Four Seasons to Create Luxury Residential Development at Saudi Resort of Shura Island
Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Sections of Brooklyn, Queens, and Staten Island turned into “no-go zones” for multifamily affordable housing. Continue Reading Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Reagan and Gorbachev met for the first time at Villa Fleur d’Eau, which many historians pegged as the beginning of the end of the Cold War. Continue Reading Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Former Fannie Mae President David Benson Returns as Senior Adviser
Pulte did not elaborate what duties Benson will be handling at Fannie Mae. Continue Reading Former Fannie Mae President David Benson Returns as Senior Adviser
$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again