Warren Buffett’s deep-pocket support of homebuilding, a Michigan home that can be yours for a single dollar and an unlikely addition to San Francisco’s skyline. From the wild and woolly world of real estate, here are the hits and misses for this week. Hit: From Omaha...
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), announced the closure of its MetLife Single Family Rental Fund LP (SFR Fund) with $390 million in capital commitments. MIM’s single-family rental strategy is...
Fidelity Investments Canada ULC is partnering with Brookfield Asset Management (NYSE: BAM) on an endeavor where Brookfield will invest in and manage a newly formed portfolio of “high quality” Canadian real estate assets on behalf of Fidelity. According to the...
Redwood Trust Inc. (NYSE: RWT) has launched a joint venture with funds managed by Oaktree Capital Management L.P. to invest in business purpose bridge loans originated by CoreVest American Finance Lender, a division of Redwood. According to the companies, the total...
Fitch Ratings reduced its 2023 outlook for the U.S. real estate investment trust (REIT) sector outlook from “Neutral” to “Deteriorating,” citing the tumult in the commercial real estate space. While Fitch noted that most of its rated REITs...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
