Investor-driven lenders are continuing to be aggressive in a period of rising interest rates, helping multifamily investors top off their capital stacks.
Larger insurers have spent years reducing their exposure to the state as litigation costs rose and the severity and frequency of hurricanes intensified, leaving smaller firms that mostly focus on Florida dominating the market and homeowners facing soaring premiums.
Bill Pulte, best known for using his Twitter account to give cash to followers, alleged in a civil complaint filed Wednesday in Palm Beach County, Florida, that newly named PulteGroup COO Brandon Jones has used a network of Twitter bots to harass and defame the family.
MBA’s latest figures showed a 1.6 percent increase in commercial/multifamily mortgage debt outstanding in the third quarter. The AIA’s Architecture Billings Index showed a decline in November as demand for design services has slowed. These are among today’s must reads from around the commercial real estate industry.
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