Wood Partners and Marcus Partners Break Ground on Raleigh-Area Multifamily Community

by Phil Hall | Aug 7, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily housing developer Wood Partners and Marcus Partners, a real estate investment, management and development firm, have broken ground on a 280-unit multifamily community located in Apex, North Carolina, a suburb of Raleigh. The upcoming Altera Heights...

Elysium Investments Secures Approval for 36-Story Toronto Rental Housing Development

by Phil Hall | Aug 7, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Elysium Investments Inc. announced that it has secured approval from the Toronto City Council to proceed with a 36-story rental housing development in Toronto’s Bayview-Eglinton neighborhood. The development will provide 339 rental homes, including 83...

Q2 Commercial/Multifamily Borrowing Up 16%

by Phil Hall | Aug 7, 2026 | Commercial Real Estate News, Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Commercial and multifamily mortgage loan originations during the second quarter were up by 12% from the prior quarter and up 16% from one year earlier, according to data from the Mortgage Bankers Association (MBA). The lending volumes were fueled by a rise in...

Mortgage Rates Rise for Fifth Straight Week

by Phil Hall | Aug 6, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued rising for the fifth straight week to a level not seen in over a year, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of Aug. 6, up from last week when...

International Buyers Spent $4 Billion to Buy Homes in Texas

by Phil Hall | Aug 6, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

International buyers bought approximately 7,780 homes in Texas between April 2025 to March 2026, up from 7,500 the year before, according to data from Texas Realtors. Those buyers purchased $4 billion in residential property, down from $4.8 billion in the prior...