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Q2 Home Flipping Profit Margins Drop to 17-Year Low

Q2 Home Flipping Profit Margins Drop to 17-Year Low

A total of 78,621 single-family homes and condominiums were flipped in the second quarter, accounting for 7.4% of home sales during that three-month period. According to data from ATTOM, the second quarter’s activity was down from the first quarter when flipped homes...

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Rithm Capital Buys Paramount Group for $1.6 Billion

Rithm Capital Buys Paramount Group for $1.6 Billion

Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...

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