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Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
“We expect these acquisitions to be highly desirable homeownership options that will also add value for unitholders,” said President and CEO Kurt Keeney. Continue Reading Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
“We expect these acquisitions to be highly desirable homeownership options that will also add value for unitholders,” said President and CEO Kurt Keeney. Continue Reading Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio
Canadian Home Sales Up in June
National home sales across Canada in were up 2.8% month-over-month and up 3.5% year-over-year, according to data from the Canadian Real Estate Association (CREA). The uptick in home sales occurred despite a 2.9% month-over-month decline in newly listed properties. The...
Mortgage Application Activity and Credit Availability in Decline
Mortgage application activity and credit availability declined in the latest data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis for...
Historic Milwaukee Nursing Home to Become Affordable Housing Development
WNC & Associates and KG Development Group have announced the acquisition and planned renovation of the historic Phoenix Residential site in Milwaukee’s Uptown neighborhood. The four-story property opened in 1929 as the Milwaukee Jewish Home for the Aged. The...
NEWS & CURRENT EVENTS
Mortgage Application Activity Slows Down
The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one week earlier. Continue Reading Mortgage Application Activity Slows Down
Pacaso Reserves Nasdaq Ticker
Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol "PCSO" on the Nasdaq Stock Market. According to the company, reserving the ticker symbol does not guarantee a future listing or imply...
Real Estate Broker Announces Bid to Become Maine Governor
David Jones is the broker-owner of the Augusta-based F.O. Bailey Real Estate. Continue Reading Real Estate Broker Announces Bid to Become Maine Governor
New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
All proceeds from the Louis J. Rogers’ book sales will benefit the Children’s Hospital of Richmond at Virginia Commonwealth University. Continue Reading New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate
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Canadian City Sells Historic Building Valued at $475,000 for $1,000
The building will be repurposed as a 17-unit rental housing property. Continue Reading Canadian City Sells Historic Building Valued at $475,000 for $1,000
Dana Caudell Named Chief Strategic Officer at Pegasus Residential
Caudell recently served as chief operating officer of The Aventon Companies. Continue Reading Dana Caudell Named Chief Strategic Officer at Pegasus Residential
The Best and Worst Cities for Renters Are…
Memphis ranked last among the more than 180 cities ranked by WalletHub. Continue Reading The Best and Worst Cities for Renters Are…
Forecast: Global Real Estate Tokenization Market to Reach $26 Billion by 2034
An expansion in activity is expected in the Middle East and Africa. Continue Reading Forecast: Global Real Estate Tokenization Market to Reach $26 Billion by 2034
Brittney Jones Named Chief Development Officer at Brittain Resorts & Hotels
ones will oversee the expansion of BRH’s portfolio through strategic third-party management contracts. Continue Reading Brittney Jones Named Chief Development Officer at Brittain Resorts & Hotels
Garrett Colburn Named President at SRS Real Estate Partners
He joined the company in 2012 to grow the Southern California office. Continue Reading Garrett Colburn Named President at SRS Real Estate Partners
Survey: Most Gen Zers Believe They’ll Never Own a Home
Nearly all respondents (98%) cited significant barriers to homeownership. Continue Reading Survey: Most Gen Zers Believe They’ll Never Own a Home
Inventory Levels Up 36.7% from Last Year
Nonetheless, inventory levels were still far below pre-pandemic levels except in a few southern metros. Continue Reading Inventory Levels Up 36.7% from Last Year
New Report Links Housing to Good Health in Maine
Nearly 2,700 people are considered homeless in Maine. Continue Reading New Report Links Housing to Good Health in Maine
Report: FBI Probing Rape Allegations Against Alexander Brothers
The brothers’ attorneys said they were unaware of any ongoing FBI probes. Continue Reading Report: FBI Probing Rape Allegations Against Alexander Brothers
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