Bascom Group Purchases California Apartment Community for $127 Million
Highridge Apartments, a 1972 asset, has been significantly upgraded over time, highlighting investment potential for private lenders in multifamily properties.
Understanding Post-Closing Matters in the Mortgage Industry
Title: Market Shifts in the Mortgage Industry Description: The mortgage industry faces consolidation as companies struggle to adapt to changing market conditions and liquidity challenges, impacting private lenders significantly.
Tariff Impacts on Homebuilders Announced this Tuesday
Homebuilders seek stability amid economic volatility, anticipating potential impacts of upcoming tariffs on construction costs and project planning.
State Farm invests in Proof’s digital verification technology.
Investment in Proof's technology enhances identity fraud prevention and streamlines paper-intensive processes, benefiting private lenders in efficiency and security.
January Sees Decline in Single-Family Home Sales
New house sales show a decline, with median prices at $446,300 and averages at $510,000, indicating market shifts that may affect lending strategies.
Barry Habib presents mortgage outlook for 2025 at Housing Economic Summit.
Explore Barry Habib's insights on the housing market forecast, emphasizing key trends in home price appreciation and future projections for private lenders.
Pacaso collaborates with The Agency to enhance access to luxury homes.
Pacaso and The Agency collaborate to enhance luxury vacation home co-ownership, offering opportunities in sought-after markets such as Florida, California, and Colorado.
Offerpad reduces expenses and limits projected 2024 loss to $62 million.
Offerpad Solutions Inc. reported a net loss of $17.3 million in Q4, reflecting ongoing challenges in the online property marketplace and real estate tech sectors.
Mortgage rate volatility decreases, but a significant drop in 2025 is improbable.
Mortgage rates recently declined, but experts suggest this trend may not persist, potentially limiting its influence on demand and home sales for private lenders.
Top Hard Money Lenders and an Overview of Hard Money Loans
Discover how to select the ideal hard money lender for your investment needs. Gain insights into diverse project requirements and financing options.