Real Estate News & Insights
4-Building Connecticut Office Park Sells for $58.5 Million
The property covers 945,000 square feet within the larger six-building, 1.5 million square feet Merritt 7 complex. Continue Reading 4-Building Connecticut Office Park Sells for $58.5 Million
Katherine McFadden to Direct Multifamily Programs at California Housing Finance Agency
She was previously vice president over Northern California at Jamboree Housing Corporation. Continue Reading Katherine McFadden to Direct Multifamily Programs at California Housing Finance Agency
Foreclosure Activity Records Annual Increase
Lenders repossessed 3,397 properties through completed foreclosures (REOs) in February. Continue Reading Foreclosure Activity Records Annual Increase
Hispanic Homeownership Rate Reached 49.5% in 2023
The Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 owner-households – the largest single-year increase since 2005 and the largest homeownership rate upswing for any racial or ethnic demographic group compared to the year prior, according...
Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023
The AIMI fell nationally and in all 25 regional markets measured for the fourth quarter of 2023, Continue Reading Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023
Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property
The financing will fund the construction of 15 additional units in the building for a total of 133 units. Continue Reading Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property
Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Since 1985, incomes have risen 3.2 times while home prices rose 5.6 times during the same period. Continue Reading Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Redfin Expands Sign & Save Program for Homebuyers
The program was piloted in a handful of markets last September and was launched in additional markets in January. Continue Reading Redfin Expands Sign & Save Program for Homebuyers
DR Horton Makes Strategic Investment in 3D Printing Construction Firm
The homebuilder D.R. Horton (NYSE:DHI) has made a strategic investment in Apis Cor, a manufacturer of construction 3D printing robotic technologies. According to the companies, they will collaborate on a multi-unit construction project in South Florida after the...
Pennsylvania Homeowner Assistance Fund to Reopen
PHFA estimated that between $48 million and $50 million in remaining PAHAF funds will be available. Continue Reading Pennsylvania Homeowner Assistance Fund to Reopen
Inflation Up in February – How Will That Impact Fed Rate Cuts?
“The heavyweight component of housing/shelter decelerated to 5.7%,” said NAR Chief Economist Lawrence Yun. Continue Reading Inflation Up in February – How Will That Impact Fed Rate Cuts?
Ted Welter Named Executive Chairman at Hazelview Investments
He was previously managing director and chief investment officer of alternative investments at TD Asset Management. Continue Reading Ted Welter Named Executive Chairman at Hazelview Investments
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