Neighborhood Ventures Purchases Foreclosed Phoenix Multifamily Asset for $11 Million
Neighborhood Ventures expands its portfolio by acquiring a foreclosed multifamily property in Phoenix, showcasing a strategic move in distressed asset investment.
NAMB Launches Hive, a Digital Community for Mortgage Professionals
Join Hive, led by NAMB’s Jason Frazier, to engage with private lenders in an online forum designed for collaboration and industry insights.
CoStar Restructures Board to Enhance Homes.com Profitability Efforts
CoStar establishes a capital allocation committee to enhance oversight of Homes.com’s investment strategy and profitability expectations, driving smart growth.
Experts Evaluate the Value of Exclusive Listings in Real Estate
A recent study reveals that nearly 90% of office exclusives convert to standard MLS listings before securing a contract, highlighting market trends for private lenders.
Real Estate Highlights and Shortcomings for the Recent Week
Unpack the week's notable happenings in real estate, from surprising speakers to unusual CEO actions, and understand their potential implications for private lenders.
DOJ Appoints Attorney Who Testified Against NAR in Sitzer Trial
Discover the appointment of Roger Alford as the new principal deputy assistant attorney general, a figure with notable connections to real estate leadership.
Lennar Plans Construction of 1,500 Homes in Colorado Featuring Geothermal Systems
Lennar plans to construct 1,500 homes in Colorado utilizing geothermal systems, leveraging state tax incentives to enhance sustainability and energy efficiency.
Mortgages could be a bright spot in a uncertain US economy.
Recent insights from the FHFA's National Mortgage Database reveal robust trends in outstanding residential mortgages, highlighting the financial resilience of American homeowners.
Zillow connects renters with properties in Austin’s housing market.
Housing Connector in Austin utilizes Zillow Rentals technology to facilitate connections between individuals seeking housing and available units, enhancing access to housing resources.
Implications of New York Senate Bill S3177 for Lenders
New York Senate Bill S3177 aims to regulate commercial finance licensing, requiring licensing from the Superintendent of Financial Services for lenders.