News

Trump mistrial request denied in $250 million New York fraud case
[ad_1] Former US president Donald Trump leaves the court room of the State Supreme court on the first day of his civil fraud trial on October 2, 2023 in New York City.Kena Betancur | AFP | Getty ImagesA New York judge on Friday denied a request by Donald Trump and his...

We need a lot further decline in rates to reignite the existing home market, says Ivy Zelman
[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailIvy Zelman, Zelman and Associates CEO, joins 'Squawk Box' to discuss the state of the housing market, the impact of rising rates on existing home sales,...

Massive Pasco County Mixed-Use Project Moving Ahead – Connect CRE
[ad_1] Known as Abbey Crossings, a large group of partners are joining forces to develop a mixed-use development that will include 600,000 feet of light industrial, 400,000 square feet of office, 400,000 square feet of retail and up to 1,000 multifamily homes. The...

Connect Apartments 2023 Presenter Dishes on Amenities – Connect CRE
[ad_1] Alfonso Costa Jr. is an Executive Vice President at the Falcone Group. Alfonso will be a presenter at the upcoming Connect Apartment 2023 event on November 29th at the Rusty Pelican in Key Biscayne, Florida. Connectcre.com recently caught up with Alfonso to...

Taylor Morrison Adding Two Orlando-Area BTR Projects – Connect CRE
[ad_1] Homebuilder Taylor Morrison is all in when it comes to built-to-rent (BTR) communities. The company has recently purchased land for two BTR projects in Lake County. The first is a 213-unit, one-bedroom cottage concept off State Road 44 in Eustis, near Mount...

Miami Apartment Developer Taps Goldman Sachs for $115M Construction Loan – Connect CRE
[ad_1] When traditional lending options dry up, it’s good to have contacts with one of the world’s biggest investment banking firms. Developer Codina Partners has tapped Goldman Sachs to secure a $115 million construction for a Coral Gables apartment project. The S....

Property Brothers: There’s still money to be made in the real estate business
[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailProper Brothers co-hosts Drew Scott and Jonathan Scott join 'Squawk Box' to discuss the state of the housing market, where the real estate opportunities are...

Homebuilder sentiment drops to lowest point in a year, but falling rates spur some optimism
[ad_1] High mortgage rates continue to weigh on the nation's homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic about recent signs that interest rates may move lower soon.Homebuilder sentiment fell six points to...

Rocket Companies CEO Varun Krishna: Most of the players in real estate are ‘significantly under-penetrated’
[ad_1] Varun Krishna, Rocket Companies CEO, joins 'Squawk Box' to discuss mortgage demand, mortgage rate trends, the state of the housing market, impact of A.I., and more. [ad_2] Source link

Trump requests mistrial in $250 million New York business fraud case
[ad_1] Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17, 2023.Fatih Akta | Anadolu Agency | Getty ImagesDonald Trump and his co-defendants asked a judge Wednesday to grant a mistrial in...

Mill Creek Building 13-Story Boca Raton Apartment Building – Connect CRE
[ad_1] No stranger to South Florida, Mill Creek has filed plans for a 13-story apartment building in Boca Raton. They’ve built, or are building, a dozen projects in the area, which also is their home base. The Modera Boca Raton will have 358 apartments and 6,500...

Karis Cold Constructing Jax Spec Warehouse – Connect CRE
[ad_1] A development group led by Karis Cold is building a 265,000-square-foot cold storage facility on Jacksonville’s westside. The spec warehouse is laid out for two possible tenants, with 5,100 square feet of office space on opposite ends of the structure....

Mortgage demand climbs to the highest level in five weeks after interest rates move lower
[ad_1] Potential homebuyers attend an open house in Seattle.Mike Kane | Bloomberg | Getty ImagesCurrent homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly.Mortgage demand rose 2.8% last week, compared with the previous week,...

China’s retail sector is recovering, but real estate continues to drag down growth
[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailChina reported better-than-expected retail sales and industrial data for October, with retail sales growing 7.6% compared to a year ago. CNBC's Evelyn Cheng...

The economy and markets have been addicted to ultra low interest rates, says RXR’s Scott Rechler
[ad_1] Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. [ad_2] Source link

Cooler monthly inflation report pushes mortgage rates even lower
[ad_1] An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty ImagesThe average rate on the 30-year mortgage fell 18 basis points to 7.40% on...

Landmark Assembles 20 Properties for FSU Student Housing Project – Connect CRE
[ad_1] Landmark acquired 20 adjacent parcels in Tallahassee in its bid to build a sprawling 859-bed luxury student housing project. The properties ranged in size from .03 to .73 acres. That amounted to a 3.44-acre unique parcel. The project, known as The Mark at...

Osborn Using $38.5M Loan to Build Miramar Beach Condos – Connect CRE
[ad_1] Forman Capital is financing the construction of a new luxury condominium project in Miramar Beach, Florida – near Destin in the state’s panhandle region. The company provided a $38.5 million construction loan to the developer of the 97-unit Grove at Seascape...

Massive Pasco County Mixed-Use Project Moving Ahead – Connect CRE
[ad_1] Known as Abbey Crossings, a large group of partners are joining forces to develop a mixed-use development that will include 600,000 feet of...

Connect Apartments 2023 Presenter Dishes on Amenities – Connect CRE
[ad_1] Alfonso Costa Jr. is an Executive Vice President at the Falcone Group. Alfonso will be a presenter at the upcoming Connect Apartment 2023...

Taylor Morrison Adding Two Orlando-Area BTR Projects – Connect CRE
[ad_1] Homebuilder Taylor Morrison is all in when it comes to built-to-rent (BTR) communities. The company has recently purchased land for two BTR...

Miami Apartment Developer Taps Goldman Sachs for $115M Construction Loan – Connect CRE
[ad_1] When traditional lending options dry up, it’s good to have contacts with one of the world’s biggest investment banking firms. Developer...

Property Brothers: There’s still money to be made in the real estate business
[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailProper Brothers co-hosts Drew Scott...

Homebuilder sentiment drops to lowest point in a year, but falling rates spur some optimism
[ad_1] High mortgage rates continue to weigh on the nation's homebuilders, leading to an increase in price cuts to lure buyers. But builders are...

Rocket Companies CEO Varun Krishna: Most of the players in real estate are ‘significantly under-penetrated’
[ad_1] Varun Krishna, Rocket Companies CEO, joins 'Squawk Box' to discuss mortgage demand, mortgage rate trends, the state of the housing market,...

Trump requests mistrial in $250 million New York business fraud case
[ad_1] Former US President Donald Trump appeared in court on Tuesday for the third week of a civil fraud trial in New York, on October 17,...

Mill Creek Building 13-Story Boca Raton Apartment Building – Connect CRE
[ad_1] No stranger to South Florida, Mill Creek has filed plans for a 13-story apartment building in Boca Raton. They’ve built, or are building, a...

Karis Cold Constructing Jax Spec Warehouse – Connect CRE
[ad_1] A development group led by Karis Cold is building a 265,000-square-foot cold storage facility on Jacksonville’s westside. The spec warehouse...