NEW YORK, June 24, 2022 Natixis Corporate & Investment Banking provided a $126,700,000 acquisition loan secured by 555 Aviation, a 259,754 square foot class-A creative office building located in El Segundo, CA. The Property was purchased by a subsidiary of FS Credit Real Estate Income Trust, Inc. which is advised by a subsidiary of FS Investments, and sub-advised by Rialto Capital Management, LLC.
Tracts of rare development real estate in Fresno and San Luis Obispo counties will be offered at auction August 10-11, with Schrader Real Estate and Auction Company serving as the auctioneer and Sierra Land Company serving as the broker. The first days auction will feature three tracts in the Fresno area.
Built during the pandemic, Wychmere now has a spectacular new 35,000 square foot event space, "Dune" PLYMOUTH, Mich. and HARWICHPORT, Mass. Wychmere Beach Club is a prestigious multi-use compound in Harwichport. The property spans 20 Oceanfront acres on Nantucket Sound and features exclusive event space, a private beach, sparkling pools, festive poolside bars and restaurants and a tennis club.
Bonaventure, an integrated alternative asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions, today announced the sale of a 289-unit garden-style multifamily property Williamsburg, Virginia, to Illinois-based The Inland Real Estate Group. This press release features multimedia.
WELLS, Maine, June 24, 2022 Better Homes and Gardens Real Estate The Masiello Group recently made a sizable donation of building materials to the Habitat for Humanity ReStore in Kennebunk, Maine.
Two new housing data reports find an increasing volume of new home sales and a drop in the number of people seeking out these properties. What Happened: Sales of new single‐family houses in May 2022 were at a seasonally adjusted annual rate of 696,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development.
Dallas-based Vive Funds is pleased to announce its latest exit of a multifamily property located in Marietta, Georgia. The real estate investment fund was able to exit the property in a mere 19 months despite an initial business plan of five years. Before beginning the project, the Vive Funds team projected returns within the 14-15% IRR range.
Tuesday marks the last chance for investors to receive the next dividend payout from Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc.. The company announced on Wednesday that it would pay shareholders a monthly dividend of 25.83 cents per share.
* New home sales rebound 10.7% in May; April data revised up. * Median house price jumps 15.0% to $449,000 from year ago. * Consumer sentiment tumbles to record low in June. By Lucia Mutikani.
Sales of new U.S. single-family homes unexpectedly rose in May, but the rebound is likely to be temporary as home prices continue to increase and the average contract rate on a 30-year fixed-rate mortgage approaches 6%, reducing affordability. New home sales jumped 10.7% to a seasonally adjusted annual rate of 696,000 units last month, the Commerce Department said on Friday.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
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