Real Estate News & Insights
New ICE Fraud Monitor Aims to Reduce Risk in Underwriting
The new tool is integrated directly with Encompass, ICE’s loan origination system (LOS), to centralize fraud risk scoring and property risk data in a user-friendly dashboard. Continue Reading New ICE Fraud Monitor Aims to Reduce Risk in Underwriting
Utah Developer Cole West Names Chris Winter as President of Homebuilding
Winter previously served as division president for Cole West’s Southern Utah homebuilding operations. Continue Reading Utah Developer Cole West Names Chris Winter as President of Homebuilding
Portland High-Rise Acquired for $63 Million
The 322-unit Ladd Tower includes more than 255,000 square feet of residential space. Continue Reading Portland High-Rise Acquired for $63 Million
Walgreens Reveals Closing Chicago Store Suffered Million-Dollar Loss Amid High Theft Rates
The store had served the community for over 20 years. Continue Reading Walgreens Reveals Closing Chicago Store Suffered Million-Dollar Loss Amid High Theft Rates
Existing Home Sales Inch Up by 0.2%
The $417,700 median existing-home price for all housing types marked a 0.9% increase from one year ago. Continue Reading Existing Home Sales Inch Up by 0.2%
Redfin Listings Now Include Sunscore, a Property-Level Analysis of Natural Light
Sunscore is now available on all for-sale homes listed on Redfin.com and will be available on Redfin’s iPhone and Android apps later this year. Continue Reading Redfin Listings Now Include Sunscore, a Property-Level Analysis of Natural Light
New Platform Tracks Remodeling Activity by State
California is the top state for remodeling based on total share, with 8% of the market at a $22.1 billion volume. Continue Reading New Platform Tracks Remodeling Activity by State
Trump Administration Reaches Agreement on DC-Based Public Golf Courses
It was unclear whether President Trump was eyeing the properties for his company, which owns and operates golf courses and golf resorts. Continue Reading Trump Administration Reaches Agreement on DC-Based Public Golf Courses
Dream Finders Homes Offers to Acquire Beazer Homes for $704 Million
Millrose Properties announced its intent to provide land banking capital to support the proposed acquisition of Beazer Homes. Continue Reading Dream Finders Homes Offers to Acquire Beazer Homes for $704 Million
UWM Raises Offer to Merge with Two Harbors Investment Corp.
UWM and Two Harbor had initially agreed to merge, only to have the deal jettisoned when the latter accepted CCM’s last-minute counteroffer. Continue Reading UWM Raises Offer to Merge with Two Harbors Investment Corp.
Elme Communities Offers Update on Liquidation Process
The company said that it completed the sale of five of its remaining properties this year for aggregate gross proceeds of approximately $252.7 million. Continue Reading Elme Communities Offers Update on Liquidation Process
Hits and Misses for the Real Estate Week of May 4-8
New listings on the rise, New York City’s mayor shoots his mouth off (twice), and the late Ted Turner’s property portfolio. Continue Reading Hits and Misses for the Real Estate Week of May 4-8
