The BLVD Group Purchases Rhode Island Apartment Complex for $57 Million
Explore how Low Income Housing Tax Credits and tax-exempt bonds are financing the BLVD Group's $57 million acquisition and renovation of a Rhode Island apartment community.
CFPB Reduces Workforce by 90% and Shifts Focus Away from Oversight
Agency shifts focus away from supervisory roles, emphasizing new priorities in employee communication to enhance operational efficiency and adaptability.
Changes in Leadership at American Financial Resources
Robert Pieklo takes on the role of COO at AFP, enhancing leadership following its acquisition by Proprietary Capital. Discover more about this transition.
BofA and Citi anticipate slower growth as mortgage business weakens.
Bank of America and Citi have reported decreased mortgage production, indicating potential ongoing challenges for private lenders in the current market landscape.
Rocket Pro TPO Integrates with the ARIVE Platform
Rocket Companies enhances its wholesale capabilities by integrating Rocket Pro TPO with the ARIVE broker platform, streamlining processes for private lenders.
ARM Applications Hit Peak Levels Since Late 2023
Adjustable-rate mortgages now account for 9.6% of all applications, marking the highest activity level since late 2023, indicating shifting borrower preferences.
Security Properties Purchases Seattle Apartment Complex for $34.7 Million
Security Properties expands its portfolio in Greater Seattle, now owning 29 assets with over 6,500 units, signaling strong market engagement and growth potential.
RealReports Teams Up with MLS Now to Enhance AI Property Tool Access
MLS Now collaborates with RealReports, providing members access to an AI tool for real-time property analysis and data aggregation to enhance decision-making.
Impacts of Escalating Trade Tensions on Mortgage Rates
Explore how recent trade policies impact the U.S. economy and mortgage market, affecting interest rates and lending strategies for private lenders.
Tyler Whitman on Finding Success in Real Estate Investments
Discover insights from mega broker Tyler Whitman, a former star of Million Dollar Listing, on navigating real estate for private lenders looking to succeed.