Photo by Shutterstock NEW YORK—Nuveen Real Estate has raised $660 million to launch its US Cities Industrial Fund, an open-ended vehicle that is acquiring industrial properties in select US markets. As part of its first close, the fund acquired a $1.3 billion seed portfolio of 45 industrial properties totalling 11.4 million square feet in 12
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A sharp drop in mortgage interest rates had borrowers rushing to their lenders last week. Refinance volume spiked, sending total mortgage application volume up 15.1% for the week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400
For everyday Americans, there’s some good news to the coronavirus fears that are driving investors to safe-haven investments likeTreasurys. The yield on the benchmark 10-year Treasury note, which moves inversely to price, sank more than 11 basis points to an all-time low of 0.906% on Tuesday in the wake of an emergency rate cut by the
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On today’s episode of #FlippingInPhilly, Christopher Somers gives us an update on his beautiful renovation in South Kensington! 📺 Want to be the next Big Philly Flipper? You know what to do: http://bit.ly/Flip-In-Philly
You read about it all the time, homes are more affordable in some states. Only problem? You don’t live in one of those states. If you’re planning a move, use these 8 tips for buying a house out of state! #BuyingAHouseOutOfState If this video helped you, please donate what you feel is right: https://www.paypal.com/paypalme2/andrewfinneyteam In
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Photo of Orlando by Shutterstock Global capital to the US multifamily sector decreased by 27.3% to $10.7 billion in 2019, largely due to a sharp decrease in portfolio deals from an exceptionally high level in 2018, according to CBRE. For single-asset deals, however—a better measure of investment momentum because of less volatility from year to