Rates are changing reverse mortgages in a different way
Franklin Templeton and its real estate investment manager Clarion Partners announced Clarion Partners Real Estate Income Fund Inc.’s acquisition of Main Avenue Shopping Plaza, a 156,568-square-foot grocery-anchored community shopping center in Norwalk, CT. The purchase price was not disclosed. JLL represented the seller, a joint venture between Sagehall Partners and The Prusik Group. Located in densely populated…
High prices, hesitant demand weigh on June new home sales Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 18 hours ago Latest
For around five years, individuals renting homes struggled to find relief. Rental rates increased more rapidly than salaries, resulting in apartment hunters participating in competitive bidding for average units. Vacancy levels remained close to all-time lows, and the perks that usually made leases more appealing largely disappeared as landlords retained control. At the peak of…
In May 2025, Lydia Rhea, a 26-year-old freelance musician and Juilliard graduate, thought she and her two roommates had found their dream apartment. After years of living in cramped student quarters, the group found a newly constructed duplex penthouse at 463 West 125th Street in Harlem. For three working musicians who needed space to rehearse,…
China Confirms 261 Foreigners Missing After Himalayan Mudslide at Nepal Border Details and Impact of the Himalayan Mudslide BEIJING/TRISHULI, Nepal Aug 30 (Reuters) – China on Sunday said 261 foreign nationals from 23 countries were missing on the Tibetan side of a border crossing with Nepal following a mudslide which tore through the Himalayan region,…
Prior was -23K (revised to +21K) Two-month net revision +55K June was +57K Unemployment rate 4.1% vs 4.1% expected Prior unemployment rate 4.1% Unrounded unemployment 4.1413% vs 4.0900% prior Participation rate 61.6% vs 61.4% prior U6 underemployment rate 7.7% vs 7.9% prior Average hourly earnings +0.3% m/m vs +0.3% expected Average hourly earnings +3.1% y/y…