3+ hour, 2+ min ago   (380+ words) Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations…...

2+ hour, 53+ min ago   (417+ words) Sales of new U.S. single-family homes tumbled in July as high mortgage rates weighed on the market and continued to sideline potential home buyers, while consumer confidence slid to a seven-month low on darkening outlooks for the job market and inflation....

7+ hour, 21+ min ago   (71+ words) Crain's Cleveland Business CrossCountry Mortgage closes $1.26B Two Harbors deal after bidding war The dust has finally settled on CrossCountry Mortgage’s acquisition of a giant mortgage servicer that had been in the works for several months. Both firms at the…...

6+ min ago   (132+ words) Dolly Lenz Real Estate CEO Dolly Lenz and Managing Director Jenny Lenz break down the new-home sales slowdown, high mortgage rates and the shortage of affordable starter homes. They discuss what the latest housing data reveals about demand and the…...

5+ hour, 11+ min ago   (318+ words) SummerHill Apartment Communities (SHAC) has landed $123.5 million of construction financing to build a multifamily project in the San Francisco Bay Area, Commercial Observer has learned. Fifth Third Bank and California Bank & Trust (CB&T) provided a $96.5 million senior construction loan for…...

6+ hour, 17+ min ago   (184+ words) Seniors Housing Business Ziegler Closes $166.4M Bond Financing for Community Expansion in Charlotte CHARLOTTE, N.C. — Ziegler has closed approximately $166.4 million in bond financing on behalf of The Presbyterian Home at Charlotte, doing business as The Sharon at SouthPark. Originally founded in 1964, the…...

6+ hour, 38+ min ago   (177+ words) CBRE closes $11 million refinance for office property in Edina REJournals CBRE arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot Class-A office property in Edina, Minnesota. Billy Mork, Joel Torborg and Mike Vannelli of CBRE Capital Markets’ Debt and Structured…...

9+ hour, 10+ min ago   (1347+ words) 14.5 million US homes are vacant Vermont Business Magazine The U.S. has far more vacant homes than many might expect. In fact, 14.5 million U.S. homes — roughly 1 in 10 nationwide — are empty. Vermont ranks as second highest (one in five homes), as tourist-destination states generally…...

7+ hour, 55+ min ago   (395+ words) A long-stalled plan to bring a new 69-story tower to a block of Jersey City near the Hudson River has been jumpstarted by a loan that should move the development forward. Newmark announced that they have arranged a $277 million construction…...

8+ hour, 23+ min ago   (242+ words) 964media BAGHDAD — Applications for Iraq's million-plot housing scheme open on Sept 1, but the Construction and Housing Ministry says discussion of how recipients will pay to build is still premature "The discussion about including the land that the government announced it…...