IRA Capital Acquires 237K-SF Life Science, R&D Campus in Columbus

IRA Capital Acquires 237K-SF Life Science, R&D Campus in Columbus

IRA Capital, a Southern California-based real estate private equity firm, has acquired a 237,000-square-foot life science campus in the Easton submarket of Columbus, Ohio. The property consists of four, three-story interconnected buildings located in close proximity...
Louisiana’s housing market has an insurance problem

Louisiana’s housing market has an insurance problem

After heating up like the rest of the country, the Louisiana housing market has continued to cool since interest rates began to rise in the second half of 2022. While the slowdown has resulted in a return to pre-pandemic levels of market activity, real estate agents...
Race-based appraisal gaps have narrowed in recent years: FHFA

Race-based appraisal gaps have narrowed in recent years: FHFA

The Federal Housing Finance Agency (FHFA) this week published a blog illustrating that appraisal gaps between white, Hispanic/Latino and Black households have diminished since the 2022 announcement of the Interagency Task Force on Property Appraisal and Valuation...
Industry experts detail the benefits, challenges of AI

Industry experts detail the benefits, challenges of AI

As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on deriving the benefits while avoiding potentially catastrophic risks.” That’s one of the key conclusions reached by the...
Elevated Apartment Demand Outpaced by New Deliveries

Elevated Apartment Demand Outpaced by New Deliveries

Despite above-average apartment demand in the first quarter of 2024, an even heavier influx of new supply continued to weigh down rent and occupancy figures, RealPage Market Analytics said Friday. Although U.S. apartment markets absorbed 103,826 units in Q1, there...
Vulture capital swoops into the housing market

Vulture capital swoops into the housing market

An unsettling trend has emerged since the beginning of the pandemic — actually, a bunch of them have — but this one concerns the roof over your head. Hedge funds, private equity firms and other large institutional investors have been devouring the single...
Foreclosures are rising, but it’s not yet alarming

Foreclosures are rising, but it’s not yet alarming

The real estate market is experiencing a slight rise in foreclosure activity following an extended period of moratoria that paused any foreclosures during the pandemic. The uptick in foreclosures could signal homeowner distress due to recent difficult economic...