JP Morgan Real Estate Income Trust Inc. (JPMREIT) announced the acquisition of two Southeastern residential assets. The Preserve at Pine Valley, North Carolina, is a 219-unit, Class-B housing community, was acquired for $32.1 million in a 90/10 joint venture...
HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 10-14. Hit: DEI is DOA. Kudos to Housing...
The Department of Housing and Urban Development (HUD) has temporarily rejected a draft action plan submitted by the City of Asheville, North Carolina, because it proposed using Diversity, Equity and Inclusion (DEI) criteria for distributing Hurricane Helene disaster...
The real estate investment trust Highwoods Properties Inc. (NYSE: HIW) has acquired Advance Auto Parts Tower, a 20-story, Class AA office tower located in the North Hills Best Business District of Raleigh, North Carolina. The 346,000-square-foot, LEED-gold certified...
The CFPB changes its mind, two different approaches to EV charger installations and an eggs-cellent home selling approach. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 24-28. Hit: Reining in the Litigation: This week,...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
