Two Harbors clears final regulatory hurdle for CrossCountry merger
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Senior living and healthcare REIT CareTrust has bought a portfolio of UK care homes for £1.1B, the latest humungous deal by a U.S. investor in the sector. New York-listed CareTrust bought the 2,970-bed portfolio from care home developer and operator LNT in a deal that will take its UK portfolio to £2.9B and more than…
Brokers placed 105 mortgage cases on average in Q2, up from 96, the highest level of business since Q1 2010, industry insight found. The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association (IMLA) found that mortgage advisers reported an average of 110 cases per year, compared to 71 among independent financial advisers (IFAs). …
“Across the globe, Team RBC continues to raise the bar to deliver exceptional, record results,” said Dave McKay, President and Chief Executive Officer of Royal Bank of Canada. “Our third quarter earnings showcase the strength of our diversified business and our robust balance sheet.” Wealth management and capital markets lead the charge Wealth Management posted…
Paragon Commercial Group has completed the off-market acquisition of a grocery-anchored shopping center in the Tujunga neighborhood of Los Angeles. Located on Foothill Boulevard in northeastern Los Angeles along the foothills of the San Gabriel mountains, the 46,055 square-foot property was acquired from the family of the original developer that had owned and operated the property…
Data from the Real Estate Institute of Western Australia (REIWA) showed Perth’s listings rose 14.8 per cent higher than May, and 58.3 per cent higher than a year ago. You’re out of free articles for this month Meanwhile, time on the market extended, with houses spending a median of 18 days in June, four…
Introduction: In this article, I’ll explore how a bridge loan can be a valuable financial tool to fund a property renovation project. Renovating a property can be an exciting venture, whether for personal use or as an investment. However, renovations can quickly add up, making it challenging for individuals or investors to access the…