Real Estate - Spark Newswire

2 minute read

Sunbelt And Southwest Markets To Dominate 2022 Multifamily Housing Market: Report

Today, 5:35 AM

Orlando and Las Vegas will be the nation’s top apartment markets this year, according to the 2022 Multifamily National Investment Forecast published by Marcus & Millichap Inc (NYSE: MMI).

MMI

2 minute read

NY AG Claims To Uncover More Evidence Of Fraud By Trump And Family: What You Need To Know

By Phil Hall

Today, 5:35 AM

New York Attorney General Letitia James announced that her ongoing civil investigation into the Trump Organization’s financial dealings has unearthed “significant additional evidence” of fraudulent activity by the commercial real estate firm, and she added her office has taken legal action to force former President Donald Trump

SPY

4 minute read

EXCLUSIVE: LEX Offers A New Approach To Real Estate Investing With A $250 Entry Price

By Phil Hall

Today, 5:35 AM

New York City-based LEX Markets Corp. recently introduced a new platform for investors in commercial real estate by making available equity shares of individual commercial real estate assets. Investors would be able to trade these shares, without fees or required holding periods, on LEX’s fully-licensed securities platform.

SPY

2 minute read

Google Buys London Office Property For $1B: What You Need To Know

By Phil Hall

Today, 5:35 AM

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is acquiring an office property in London for $1 billion.

GOOG

2 minute read

Will 50% Of US Homes Be Bought With Cryptocurrency? Ryan Serhant Weighs In

By Phil Hall

Today, 5:35 AM

Celebrity real estate broker Ryan Serhant has seen the future of homebuying — and it involves cryptocurrency.

BTC

2 minute read

Black Applicants Are Denied Mortgages 84% More Often Than Whites: Report

By Phil Hall

Today, 5:35 AM

Mortgage applicants from Black homebuyers are being denied at a rate 84% higher than white applicants, according to a new report from Zillow Group Inc. (NASDAQ: Z) (NASDAQ: ZG).

2 minute read

Real Estate Brokerage Redfin Acquires Bay Equity Home Loans For $135M: What You Need To Know

By Phil Hall

Today, 5:35 AM

The Seattle-headquartered real estate brokerage Redfin (NASDAQ: RDFN) has acquired Bay Equity Home Loans, a national, full-service mortgage lender, for $135 million in cash and stock.

RDFN

2 minute read

Rocket Companies Experiencing Massive Growth, Expanding New Business Platforms Ahead Of Fed Interest Rate Hikes

By Michael Cohen

Today, 5:35 AM

WSJ reports that Rocket has experienced big gains in mortgage originations, but the stock price hasn’t followed. The mortgage giant is expanding its Rocket Homes and Rocket Autos platforms ahead of Fed interest rate hikes, along with purchasing Truebill, an all-in-one finance app.

CRM

1 minute read

Cannabis REIT AFC Gamma Raises $61.5M Via Underwritten Public Share Offering

By Jelena Martinovic

Today, 5:35 AM

AFC Gamma, Inc.

AFCG

1 minute read

CMBS Delinquency Rate Up For The First Time In 18 Months

By Phil Hall

Today, 5:35 AM

The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2021 on a rare uptick, according to new data from Trepp LLC. What Happened: The Trepp CMBS delinquency rate in December was 4.57%, a 19-basis-point increase from November and the first time in 18 months that the rate was up.

SPY