Featured Real Estate News
Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
The Bascom Group LLC, an Irvine, California-based private equity firm, announced its $103 million acquisition of The Ellison, a 294-unit apartment community located in the Summerlin/Spring Valley submarket of Las Vegas. Completed in 2024, The Ellison is a five-story...
Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
Bascom plans to complete lease-up of the property and implement institutional-grade management through Cushman & Wakefield. Continue Reading Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
NFL’s Goodell: Bears Need to Secure New Stadium Deal ‘Sooner Than Later’
NFL Commissioner Roger Goodell has warned the Chicago Bears to make up their mind on where they intend to build a new stadium. The Chicago Sun-Times reports Goodell expressed impatience with the team during his NFL annual news conference. “They need to find a solution...
Apollo Funds Acquire UK’s Gatehouse Living Group
The New York City-based global alternative asset manager Apollo (NYSE: APO) announced that Apollo-managed funds have acquired Gatehouse Living Group (GLG), a vertically integrated UK residential investment and management platform, from Gatehouse Bank. The financial...
CMBS Delinquency Rate Up 41 Basis Points to 7.55%
The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 41 basis points (bps) to 7.55% in March, according to new data from Trepp Inc. One year ago, the CMBS delinquency rate was 6.65%. “The five largest newly delinquent loans accounted for...
News & Current Events
Apartment Rents Up Slightly in March
On an annual basis, rent growth eased slightly to 0.4% in March, down from 0.5% in February and from 1.5% one year earlier. Continue Reading Apartment Rents Up Slightly in March
Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
CJ Townhomes will be rebranded as The Sonoran Townhomes. Continue Reading Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
A Phil Hall Op-Ed: In Search of New Homes
Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly more than one-third built before 1970. Continue Reading A Phil Hall Op-Ed: In Search of New Homes
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Exclusive News
Nearly 14% of Home Sales Canceled During January
Homebuyers need to earn $111,000 per year to afford the typical home, about $25,000 more than the median household income. Continue Reading Nearly 14% of Home Sales Canceled During January
Virginia Home Sales Up as Prices Remain Flat
The statewide median sales price $397,790 dipped by a scant 0.3% from the $399,000 price in January 2025. Continue Reading Virginia Home Sales Up as Prices Remain Flat
Tax Hikes Proposed to Finance Bears Football Stadium in Indiana
Lake County’s hotel tax would double from 5% to 10%. Continue Reading Tax Hikes Proposed to Finance Bears Football Stadium in Indiana
Wyoming Game and Fish Department Seeks $400,000 Cut in Property Taxes
The Senate passed the bill unanimously, but whether it will be approved by the House is unclear. Continue Reading Wyoming Game and Fish Department Seeks $400,000 Cut in Property Taxes
Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb
Construction is scheduled for completion in May 2027. Continue Reading Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb
NAR Unveils New ‘More Than Opening Doors’ Marketing Campaign
The fully integrated campaign spans video, audio, social, digital, search, and out-of-home media. Continue Reading NAR Unveils New ‘More Than Opening Doors’ Marketing Campaign
Lennar Corp. Debuts Single-Family Home Community in Alabama
Pricing begins in the low $200,000s. Continue Reading Lennar Corp. Debuts Single-Family Home Community in Alabama
Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million
The residence was expanded in 1841, restored in 1979, and had a new wing added in 2003. Continue Reading Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million
Chicago Leaders Preparing for Post-Bears Chapter at Soldier Field
According to Chicago Park District data, the Bears only generate less than 20% of the revenue at the stadium. Continue Reading Chicago Leaders Preparing for Post-Bears Chapter at Soldier Field