Real Estate

WASHINGTON, April 16, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 6,507 loans, having an...

JACKSON, Miss., April 16, 2024 /PRNewswire/ -- These properties consist of 18 individual properties located in Hinds, Madison, and Rankin Counties, MS. Several of these properties have been under the same ownership for over 70 years.Founded in the 1930s, the H. C. Bailey Company...

RANCHO MIRAGE, Calif., April 17, 2024 /PRNewswire/ -- Albanese Cormier ("AC" or the "Company") announced that it has closed the acquisition of Rancho Las Palmas ("Rancho Las Palmas" or "The Property"), a 162,380 square foot, grocery and drug-anchored shopping center located in Rancho Mirage,...

CLAWSON, Mich., April 9, 2024 /PRNewswire/ -- The GSH Group, one of the nation's fastest-growing multifamily real estate investment companies, is thrilled to announce the successful sale of its Foote Hills property in Grand Rapids, Michigan. The sale resulted in an impressive ~18% IRR,...

PHILADELPHIA, April 10, 2024 /PRNewswire/ -- On behalf of The Seller, Agent PHL has formally announced the sale and settlement of 1519 Ridge Avenue in Philadelphia, Pennsylvania. The investment sale was brokered by Ryan McManus, principal of Agent PHL at Compass RE — in...

Inclusive of the incentives offered by Hyatt, the net purchase price implies a value of approximately $352,000 per key and represents an 11.1x multiple on the midpoint of the Company's estimate of 2024 hotel EBITDA and a 8.0% capitalization rate based on the midpoint...