Ground leases taking root in affordable housing deals as costs rise
Ground leases are reshaping how affordable housing developers finance projects amid scarce capital and rising construction costs. Two recent deals show the trend taking hold in expensive, reform-minded markets. In Santa Cruz County, The Pacific Companies, an affordable housing developer in the West,
The brokerage blueprint is changing. Keller Williams just proved it with the JMG acquisition
Keller Williams made waves on Monday when it announced its acquisition agreement with the Jason Mitchell Group (JMG). And while this is big news for the real estate brokerage franchisor, Steve Murray, the co-founder of RealTrends Consulting sees this as an even bigger deal for real estate companies
Taylor Morrison appoints Jeremy Hampson as Jacksonville division president
Taylor Morrison has appointed Jeremy Hampson as president of its Jacksonville division, adding a nearly 15-year homebuilding veteran as the division pursues strategic growth. Hampson joins Taylor Morrison from Freehold Capital Management, where he served as division president of Florida. He previous
Mortgage Rates to Fall as Cooler-Than-Expected Inflation Report Lowers Odds of a July Fed Rate Hike
Takeaway: Rates will fall today after an unexpectedly soft CPI inflation reading that will keep the Fed from hiking at the July 29th meeting. Inflation data comes in much lower than forecasters expected. Overall headline inflation came in at -0.4% month-over-month (3.5% annual) in June due to energy
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