Credit Facility: Ladder Secures $850M to Cut Debt Costs
Credit Facility: Ladder Secures $850M to Cut Debt Costs Ladder Capital Corp (NYSE: LADR), a leading diversified commercial real estate finance platform, has announced the successful closing and subsequent upsizing of its revolving credit facility (the “Credit Facility”) to $850…
New CEO Gary Smalley Takes the Helm at Tutor Perini
New CEO Gary Smalley Takes the Helm at Tutor Perini Tutor Perini Corporation (NYSE: TPC), a prominent leader in civil, building, and specialty construction, has announced the appointment of Gary Smalley as its new CEO and member of the Board…
Casago and Vacasa Announce Strategic Merger of Premier Vacation Rental Brands
Casago and Vacasa Announce Strategic Merger of Premier Vacation Rental Brands Casago, a leading vacation rental property management company, and Vacasa, a top vacation rental management platform in North America, have officially announced a strategic merger. Under the terms of…
Redfin Reports Housing Supply Hits Four-Year High Due to Unsold Homes
Redfin Reports Housing Supply Hits Four-Year High Due to Unsold Homes In November, the number of active listings—the total homes for sale—reached its highest point since 2020, showing a 0.5% increase from the previous month and a 12.1% jump from…
Offer of Home Value Lock Insurance by Century 21 Select Real Estate to Clients
Offer of Home Value Lock Insurance by Century 21 Select Real Estate to Clients Homebuyers in the Sacramento region now have a new layer of financial protection thanks to Home Value Lock, a market value insurance product. Century 21’s Select…
Multifamily Sale Sets Record: $116M Deal on California’s Central Coast Brokered by IPA
Multifamily Sale Sets Record: $116M Deal on California’s Central Coast Brokered by IPA Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has announced the sale of La Vista Apartments, a 460-unit multifamily community in Santa Maria,…
U.S. Renters Are Staying Put: One-Third Have Lived in the Same Home for Over 5 Years
U.S. Renters Are Staying Put: One-Third Have Lived in the Same Home for Over 5 Years A recent Redfin (redfin.com) report reveals that 33.6% of U.S. renters have lived in the same home for at least five years—up from 28.4%…
Southland Converts $20 Million in Management Promissory Notes to Common Stock
Southland Converts $20 Million in Management Promissory Notes to Common Stock Southland Holdings, Inc. (NYSE American: SLND and SLND WS) (“Southland”), a prominent provider of specialized infrastructure construction services, announced the conversion of $20 million of certain promissory notes owed…
Real Estate Group Inland Mourns Loss of Co-Founder G. Joseph Cosenza
Real Estate Group Inland Mourns Loss of Co-Founder G. Joseph Cosenza The Inland Real Estate Group of Companies, Inc. (“Inland”) announces with deep sorrow the passing of G. Joseph Cosenza, co-founder, Director, Vice Chairman, and President of Inland Real Estate…
95 Meters Tunnel Boring Machine China’s Revolutionary Most Advanced in Turkey
China’s Revolutionary Most Advanced 95-Meters Tunnel Boring Machine in Turkey Turkeyin Istanbul, Turkey, witnessed a significant milestone. The cutterhead of the “CREC No. 1294” earth pressure balance tunnel boring machine (TBM), developed by China Railway Hi-Tech Industry under CRCC, began…
Walker & Dunlop successfully Secure Loan $245M Loan for Greyson Landmark Jersey City Project
Walker & Dunlop Arranges $245 Million Construction Loan for The Greyson, a Landmark Mixed-Use Development in Jersey City Walker & Dunlop, Inc., a leading real estate services firm, Greyson has successfully secured a $245 million loan from TYKO Capital to…
AECOM Dominates AMP8 UK Water Frameworks, Doubling AMP7 Value
AECOM, the trusted global infrastructure leader announced AMP8 UK Water Frameworks that it has achieved record success on major Water sector wins associated with the UK’s new Asset Management Period 8 (AMP8). In total, the Company has sustained a 100%-win…