BOLOUR Acquires Retail in LA’s Mid City Submarket

BOLOUR Acquires Retail in LA’s Mid City Submarket

BOLOUR Associates Inc. has acquired a neighborhood retail strip center at 5151 W. Pico Blvd. in Los Angeles for $4.45 million. The center sits five miles west of a development site on which... Read more »
BOLOUR Acquires Retail in LA’s Mid City Submarket

X-Caliber Affiliates Provide $122M Refi on Historic Long Beach Hotel

X-Caliber Funding, a national, direct commercial real estate lender, and CastleGreen Finance, an X-Caliber affiliate that provides capital through Commercial Property Assessed Clean Energy (C-PACE) financing, completed the refinance of the Fairmont... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

Newrez sues former employee for soliciting senior executives to join competing lender 

Top 10 mortgage lender and servicer Newrez sued one of its former executives over multiple allegations, including breach of contract, disclosure of confidential information and unfair competition tied to soliciting several Newrez... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

Altos: More sellers and price reductions, but fewer homebuyers

Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. Inventory is rising across the country as home-buying affordability takes another hit. The... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

Taking a closer look at the reasons seniors ‘unretire’

More U.S. seniors are working today than ever before, a trend marked either by older Americans choosing not to retire, or choosing to actually rejoin the workforce after an initial retirement. This... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

Owning a condo in Florida is becoming less attractive: Redfin

The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties.  The cost of homeowners insurance has surged in... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

CoreLogic promotes industry veteran to lead real estate business

CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday.  In this new capacity, Greene will oversee operations, sales and... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

Livian adds four real estate teams

Real estate platform Livian has recently acquired four additional teams to bolster its roster to a total of 61 teams. Livian now has teams in 27 states, amounting to more than 475 agents... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

Why are there only 80,000 new homes available in the US?

The homebuilders only have 80,000 completed new homes for sale — in a country of over 336 million people with more than 157 million people working. Why so low? Well, builders are... Read more »
Newrez sues former employee for soliciting senior executives to join competing lender 

Strong new-home sales reflect still-strong demand

New-home sales reached a seasonally adjusted annual rate of 661,000 in January, according to data published Monday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). ... Read more »