Real Estate

Home prices rise faster than they have in more than a year The median sale price in the Bright MLS service area increased by 8.1% in December. This is the fastest pace of price growth since May 2022. Prices were up strongly across the Mid-Atlantic...

Acquisition of landmark Central London hotel portfolio LONDON, Jan. 12, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), a global private investment firm with a primary focus on real estate, announced today that a controlled affiliate has acquired a portfolio of 10 hotels from Edwardian Group...

SAN DIEGO, Jan. 12, 2024 /PRNewswire/ -- Last month, San Diego-headquartered residential developer Liberty National Corporation completed the purchase of a property in Downtown San Diego with the intention of redeveloping the site into a residential tower. Located at 1520 and 1532 3rd Avenue, the property...

Building is immediately available for lease MEMPHIS, Tenn., Dec. 27, 2023 /PRNewswire/ -- An affiliate of Phoenix Investors ("Phoenix") announced the acquisition of the 785,000-square-foot industrial building located at 3231 Paul R Lowry Road in Memphis, Tennessee. Previously owned by Electrolux, the acquisition brings Phoenix's...

KNOXVILLE, Tenn., Jan. 3, 2024 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of multifamily communities, announced today the acquisition of Summit Townhomes, a newly constructed 120-unit build-for-rent (BFR) housing community in...

Commercial Mortgage Brokerage Closed Transactions in 30 States Last YearNEW YORK, Jan. 3, 2024 /PRNewswire/ -- Amid challenging market conditions, Eastern Union -- one of America's largest commercial real estate brokerages -- placed and closed loans with 126 lenders in 2023.Additionally, reflecting the company's...