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Treasury announces support to develop 26,000 affordable housing units

Housing Wire

Department of the Treasury ’s Community Development Financial Institutions (CDFI) Fund announced on Wednesday that it has awarded 48 organizations a total of $246.4 million to develop affordable housing and community facilities. territories including Guam and Puerto Rico.

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Can a market be too hot? Should smaller developers get worried when bigger developers pile in

Housing Wire

The Florida real estate market has reached unprecedented heights with major projects getting funding from developers across the country and even overseas. Cities like Miami have become microcosms of development, attracting major investors eager to capitalize on the state’s appeal, creating high-profile, mixed-use developments.

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Future-proofing real estate: Why developers are turning to modular for sustainability and resilience

Housing Wire

These green building benefits associated with modular construction do not come with the dreaded green cost premium even though recent research shows that developers are willing to pay an average 10% more on construction costs if it allows their business to shift towards a more circular and sustainable business model.

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SERHANT. secures $45M to further develop its AI platform

Housing Wire

Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE. announced Monday that it secured $45 million in a Series A funding round led by real estate venture capital firm Camber Creek and participation from Left Lane Capital. The investment — which is going to SERHANT.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities. She will discuss: A systematic approach to developing, nurturing, and converting prospects. The sales cycle in real estate is frequently measured at 3+ months.

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CoreLogic’s John Rogers on AI, climate risk and land development issues

Housing Wire

Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development.

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Secondary market for construction financing could help spur multifamily developments

Housing Wire

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.