Real estate News
FHFA Raises Conventional Loan Limits for 2026
Conventional loan limit grows over $26K for 2026 Every year, usually around Thanksgiving, the Federal Housing Finance Agency (FHFA) adjusts the conforming mortgage limits based on the annual home price growth. The limits change to refle...
Manhattan Office Market Scored Big CMBS Deals in October
Lenders poured billions into Manhattan office towers in October, originating almost $4 billion in CMBS debt. Five office towers landed the month’s largest financing deals, led by a pair of trophy towers owned by Brookfield Properties. Both l...
What is a Dry Closing?
A dry closing is a closing where all documents are signed, but the transaction isn’t funded on the same day. The lender typically wires the funds the next business day, after completing final reviews. Until the money arrives, the buyer ...
Judge Says She Is Close To Forcing Sale of Nicki Minaj’s $20 Million Los Angeles Mansion To Settle Debt Owed to Rapper’s Former Security Guard
A California judge says she is closing to forcing the sale of Nicki Minaj's $20 million mansion—after the rapper allegedly refused to pay damages that were awarded to a former security guard who claims he was assaulted by her husband, Kenneth...
Hillwood backs new homebuilding fund as AD&C credit tightens
The one thing that’s unambiguous right now in residential development and new construction is that the $80-to-$100 billion homebuilders throughout the U.S. draw on to site and build the new homes they plan to sell in 2026 and each year b...
$10-billion One Beverly Hills project gets off the ground
Development of the massive One Beverly Hills residential and hotel complex reached a milestone over the weekend as construction started going vertical.The work to erect the two tallest towers in Beverly Hills started Friday with an overnight c...
A house without character: The paradox of California’s geography
Why this matters: With buyers mostly sitting on the sidelines, agents and brokers observed another lackluster spring sales bounce in 2025, as new and resale residential sales continue to trend downward. Against the backdrop of high mortgage rat...
Portable vs. Assumable Mortgages: What’s the Difference?
Key Takeaways Portable mortgages allow borrowers to bring their current loan into a new purchase Assumable mortgages allow borrowers to inherit the loan on the property they buy Both lending types would need vetting and may not be feasib...
