Real Estate News & Insights
Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Sam Zell: Working from Home is a ‘Bunch of Bulls**t’
“Young people need to develop their skills and you can’t develop those skills if you’re not in the office,” Zell said. Continue Reading Sam Zell: Working from Home is a ‘Bunch of Bulls**t’
Home Construction Collective Launches Real Estate Investing Platform
“Millions of people need homes that do not exist, and real solutions are scant,” said Co-Founder and CEO Isaac Lidsky, Continue Reading Home Construction Collective Launches Real Estate Investing Platform
Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores
360 Bed Bath & Beyond stores and 120 Buy Buy Baby shops will be closed by June 30. Continue Reading Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores
Blackstone Taps Ross B. Shuster as CEO of Climate Technologies
Shuster was previously CEO at Howden, a provider of air and gas handling products and services. Continue Reading Blackstone Taps Ross B. Shuster as CEO of Climate Technologies
Ottawa’s Colonnade BridgePort Hires Andrew Blair as Managing Partner
Blair was previously head of real estate investments for the Americas at the Canada Pension Plan Investment Board. Continue Reading Ottawa’s Colonnade BridgePort Hires Andrew Blair as Managing Partner
Commercial Real Estate Lending Volumes Up 14.5%
The volume of loans originated against commercial real estate (CRE) during 2022 reached a record peak of $861.96 billion, according to new data from Trepp Inc. Continue Reading Commercial Real Estate Lending Volumes Up 14.5%
Market Snapshot: Canada’s Luxury Real Estate Sector
A shortage of pricey properties resulted in a decline of year-over-year sales activity for Canada’s luxury real estate market during the first quarter of this year. Continue Reading Market Snapshot: Canada’s Luxury Real Estate Sector
Real Estate Investors Taking a Loss in Current Home Selling
Redfin observed that investors owned 10.1% of new listings on the market as of December. Continue Reading Real Estate Investors Taking a Loss in Current Home Selling
Mortgage Delinquencies at Record Low
Every state recorded lower delinquency levels in March, ranging from 11.9% in Washington to 21.5% in Vermont. Continue Reading Mortgage Delinquencies at Record Low
Redfin: One-Third of 25-Year-Olds are Homeowners
The typical mortgage rate for homebuyers under 25 using a conventional loan was 3.3% in 2020 and 3.1% in 2021. Continue Reading Redfin: One-Third of 25-Year-Olds are Homeowners
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