Author: badmortgage
PHOENIX — A townhome community in Mesa is under new ownership after investment firm Canopy Real Estate Partners purchased the 36-unit property for $13.39 million. CJ Townhomes, which is being rebranded as The Sonoran Townhomes, includes three-bedroom townhomes with two-car garages attached, as well as a pool, spa, outdoor gathering spaces and private yards. It’s located at 3426 E. University Dr., with its 36 units spanning 61,670 square feet in total. According to a release, the acquisition was available to Canopy because of construction cost overruns and debt accumulations that weighed down the previous owners’ capital stack despite 95% of…
BOSTON — Gov. Maura Healey is encouraging businesses in Essex, Middlesex and Worcester that experienced economic losses due to extreme weather from May 1 through June 18, 2025, to apply for newly available low-interest federal disaster loans from the U.S. Small Business Administration. The SBA announced the availability of these loans earlier this week through a disaster declaration that covers parts of Massachusetts and New Hampshire. “Our small businesses and nonprofits are the backbone of our communities. This assistance will help organizations in Massachusetts recover from the impacts of last year’s extreme weather and continue serving their communities,” said Healey.…
Human Capital Minister Sandra Pettovello has sacked her chief-of-staff after his name surfaced in a controversial list of state-backed mortgage loans granted to government officials. According to reports, Pettovello requested the irrevocable resignation of Leandro Massaccesi within hours of the list – detailing loans issued by the state-owned Banco de la Nación Argentina to public officials – circulating online. The list included officials from ministries, Congress and the Central Bank, triggering political criticism and debate over the optics of public officials accessing large-scale financing. The now-former aide had taken out a loan of roughly 420 million pesos – one of…
EQT Real Estate has completed the sale of a 36-property, 7.3 million sq ft portfolio of institutional-grade logistics assets across the United States to an Ares Real Estate fund, marking the second tranche of a broader disposition from its Core-Plus industrial portfolio. The assets are located across 12 major U.S. distribution markets, including Chicago, Columbus, Phoenix, Dallas, Atlanta, and the Carolinas, with additional exposure to key logistics hubs such as Southern California, Memphis, and Cincinnati. The portfolio provides tenants with direct access to critical transportation infrastructure and large population centers, supporting long-term demand fundamentals. The portfolio is leased to a…
Inflated bills are eating into families’ budgets at a time when gas, grocery and housing costs are high and threatening to climb further.
Illustration by Real Estate News/ShutterstockBrown Harris Stevens CEO Bess Freedman draws a clear line between private listings and PLNs: “You have to be honest” about days on market, she says.Eight years into her role as CEO of Brown Harris Stevens, Bess Freedman remains hopeful about the future of residential real estate — even after the disruption of litigation, consolidation and challenging market conditions over the past few years.”What makes me optimistic is that the market is always here to serve the consumer,” Freedman said during an appearance on the National Association of Realtors’ latest “Change Agents” podcast. “Because we serve…
Chabad UF Student Center largest Passover Seder in the U.S.More than 1,000 people attended the Chabad UF Jewish Center’s Gator Seder on the University of Florida campus.The Gainesville City Commission approved a $45,000 forgivable loan for the Heartwood Soundstage music venue.The 4-3 vote was contentious, with some commissioners concerned about setting a precedent for funding a single organization.City staff was also directed to explore creating a broader, competitive loan program for all local arts organizations.The Gainesville City Commission approved a $45,000 forgivable loan for Heartwood Soundstage during its April 2 meeting while also directing staff to explore the creation of…
In recent weeks, Rocket Companies has attracted fresh attention after analyst firms initiated and upgraded coverage citing improved fundamentals, while the company pushed technology-driven mortgage solutions and creative brand campaigns like the Rocket Arena listing. This combination of analyst focus and inventive marketing highlights how Rocket is trying to strengthen its position in a pressured housing and mortgage market through technology, partnerships and consumer engagement. We’ll now examine how this renewed analyst attention around Rocket’s technology-led mortgage platform and brand initiatives may influence its existing investment narrative. The future of work is here. Discover the 33 top robotics and automation…