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Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025
Commercial banks held the largest share (37%) of commercial/multifamily mortgages at $1.8 trillion. Continue Reading Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025
Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025
Commercial banks held the largest share (37%) of commercial/multifamily mortgages at $1.8 trillion. Continue Reading Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025
Builders Predict Construction Uptick in Single-Family Housing for 2026
The National Association of Home Builders (NAHB) is predicting an uptick in the construction of single-family housing and a greater increase in home remodeling for the next 12 months. “While mindful of some weakening for the labor market, the economy remains in solid...
New Sweepstakes Offers 3 Mississippi Homes as Grand Prize
Sweepstakes aficionados have a doozy of a grand prize awaiting them in a new contest by the business platform My Second Paycheck: three "income-producing investment properties" in Madison, County, Mississippi, valued up to $1.4 million. The newly launched American...
MBA Brings the Mortgage Banking Bound Program to Louisiana State University
MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), has launched its Mortgage Banking Bound (MBB) program at Louisiana State University (LSU). The program offers a three-credit undergraduate course on residential mortgage...
NEWS & CURRENT EVENTS
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
The 10,742-square-foot property was built 1958 and was acquired by Ellison around 1988 for $3.9 million. Continue Reading Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
The cancelation email said Hilton was “not allowing any ICE or immigration agents to stay at our property.” Continue Reading Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
Florida’s First Federal Bank Acquires NOLA Lending Group
First Federal anticipates retention of most NOLA Lending Group employees. Continue Reading Florida’s First Federal Bank Acquires NOLA Lending Group
QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
QXO stated that investment will fund at least one acquisition through July 15. Continue Reading QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
The report noted a 118% increase in visits for general illness, a 46% increase in the number of visits for heart attack, and a 24% increase in visits for pulmonary illness. Continue Reading Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
The project encompasses a quartet of four-story buildings featuring a mix of one-, two- and three-bedroom apartment layouts. Continue Reading Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
MISMO Names Amy Moses as VP of Strategic Growth
Moses joined MISMO earlier this year as a contractor. Continue Reading MISMO Names Amy Moses as VP of Strategic Growth
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
The Brazilian auction market has been disrupted with altered documents, fake websites, and inconsistent public records. Continue Reading Brazil to Conduct Real Estate Auction Using Blockchain Technology
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