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Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Chicago Bears are asking for $855 million in public funding to build the infrastructure surrounding their new domed stadium planned for suburban Arlington Heights, Illinois. The Associated Press reports the real estate consulting firm HR&A Advisors Inc. issued...
Report: Housing Affordability at Best Level Since Early 2023
Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
First Residential Independent Mortgage, a New Lender, Begins Operations
Mortgage Research Center, LLC, the parent company of Veterans United Home Loans, has launched First Residential Independent Mortgage, a full-service mortgage lender. Headquartered in Springfield, Missouri, First Residential Independent Mortgage will specialize in...
NEWS & CURRENT EVENTS
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
Cook has not been indicted and has sued the Trump administration to block its efforts to remove her. Continue Reading Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
First National Bank to Add 30 New Branches in Next 5 Years
Most of the planned branches will be based in North Carolina, South Carolina and the bank’s Mid-Atlantic Region spanning Maryland, Virginia and Washington, DC. Continue Reading First National Bank to Add 30 New Branches in Next 5 Years
MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
The 361-unit community opened in March 2024 and encompasses one-, two-, and three-bedroom apartments with rents starting at roughly $1,500 per month. Continue Reading MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
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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.
Blackstone Pays $5.65 Billion for Safe Harbor Marinas
Sun Communities acquired Safe Harbor Marinas in September 2020 for $2.11 billion. Continue Reading Blackstone Pays $5.65 Billion for Safe Harbor Marinas
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
TECfusions Acquires 73 Acres for Virginia Data Center Expansion
The financial aspects of the acquisition were not disclosed Continue Reading TECfusions Acquires 73 Acres for Virginia Data Center Expansion
Apollo Global Management Acquires Bridge Investment Group Holdings for $1.5 Billion
Bridge Executive Chairman Bob Morse will become an Apollo partner and lead Apollo’s real estate equity franchise. Continue Reading Apollo Global Management Acquires Bridge Investment Group Holdings for $1.5 Billion
AI-Produced Video of Trump Kissing Musk’s Feet Broadcast at HUD HQ
HUD spokesperson Kasey Lovett said in a statement, “Another waste of taxpayer dollars and resources. Appropriate action will be taken for all involved.” Continue Reading AI-Produced Video of Trump Kissing Musk’s Feet Broadcast at HUD HQ
Newsom Asks Congress for $40 Billion for Wildfire Recovery Aid
“Make no mistake, Los Angeles will use this money wisely,” Newsom stated. Continue Reading Newsom Asks Congress for $40 Billion for Wildfire Recovery Aid
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
The statewide inventory in January for existing single-family homes was up year-over-year by 31.3% and up 39.3% for condo-townhouse units. Continue Reading Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
New York State Home Sales Up for Second Straight Month
Median sales prices swelled by 10.5% to $420,000 from $380,000 one year earlier. Continue Reading New York State Home Sales Up for Second Straight Month
Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
The only notable change to occur was an uptick in the listings and buyers for the ultra-luxury real estate markets. Continue Reading Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
American Developer Shot to Death at His Luxury Project in Belize
An American real estate developer was shot to death on Friday at his luxury project in Belize. Boris Mannsfeld, 56, was found dead from a gunshot to the back of his neck at the Cocoplum Villas in Maya Beach with his personal belongings intact, including his wallet...
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