Housing Wire

JUNE 6, 2023

Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states. New York – The residential sales market has been strong across the District. Chicago – Residential construction activity has been down modestly in this District.

Residential 459

Residential Construction Finance Sales 459

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. Archwest provides business-purpose financing for single-family and multifamily homes, as well as mixed-use and commercial properties.

Residential 435

Residential Lending Finance Investor 435

Housing Wire

JANUARY 30, 2025

We’re looking at product expansions and introducing products that we have or through our sister company Anchor Home Loans , which specializes in residential transition loans (RTLs). For example, 30% of purchase transactions were new construction last year. New construction has been 33% of all purchase transactions, right?

New Construction 294

New Construction Construction Marketing Investor 294

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

Equity 360

Equity Lending Residential Branding 360

Housing Wire

OCTOBER 18, 2024

The number of housing units that came online in September showed a big year-over-year jump, but data on earlier stages of construction suggest not much is coming through the pipeline. That’s according to monthly data on new residential construction from the U.S. But housing completions rose 14.6% compared to September 2023.

Construction 459

Construction Staging New Construction MLS 459

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

Construction 488

Construction Land Residential Mortgages 488

Housing Wire

NOVEMBER 1, 2024

Construction was another sector that posted gains in October, adding 8,000 jobs. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs. Overall, the industry has added an average of 20,000 jobs per month over the past year.

Construction 370

Construction Residential MLS Mortgages 370

Housing Wire

JULY 26, 2023

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. Each new goal, while worthy, widens the disconnect between buildings constructed decades ago and what regulation requires today.”

Residential 370

Residential Principal Development Finance 370

Housing Wire

AUGUST 16, 2024

One key data line that is flagging a path to recession is the loss of residential construction workers. A while back, HousingWire Editor in Chief Sarah Wheeler and I discussed the risk of recession due to a lack of construction labor. Let’s look at today’s residential construction report and see where we are.

Construction 535

Construction Residential New Construction Finance 535

Housing Wire

NOVEMBER 22, 2024

I would just say that the rental market is still performing a little bit more strongly than the residential or the for-sale market,” Knapp added. of existing supply, with another 38,000 of apartment units under construction (12.2% But, you know, we have seen signs now over the past couple of months that it is slowing.

Marketing 370

Marketing Construction As-is Residential 370

Housing Wire

FEBRUARY 10, 2025

Residential real estate capital provider Kiavi announced Monday that it is expanding into 13 additional states, broadening the company’s reach to 45 states and Washington, D.C. It also closed five RTL securitizations for nearly $2 billion and expanded its product suite by launching a new construction financing product.

Lending 272

Lending New Construction Residential Investor 272

Housing Wire

MARCH 19, 2025

More financing tools and counseling programs can also help preserve the affordable housing stock and ensure that all households live in safe and adequate housing. The industry also relies heavily on immigrants, which accounted for 34% of the construction trades labor force in 2023.

Industrial 274

Industrial Residential Construction Finance 274

Housing Wire

JULY 11, 2024

Transitioning to factory building from on-site construction reduces building costs by 20% and significantly improves delivery time; and by using green materials, developers can open up new financing options that, together, turn project economics right-side-up. Energy efficient homes open the door to new and better financing options.

Development 434

Development Construction Finance Investor 434

Housing Wire

SEPTEMBER 5, 2024

In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. SK: Construction lending is extremely complex, and in which banks have traditionally been the dominant players.

Marketing 476

Marketing Construction Investor Finance 476

Housing Wire

JANUARY 3, 2024

About 900,000 units are currently under construction , and 440,000 new units are expected to be completed in 2024, according to the report. Construction completions have already peaked in Chicago, Washington, D.C. However, the occupancy rate will remain above 94%, according to CBRE’s U.S. Real Estate Market Outlook 2024. and Las Vegas.

Construction 482

Construction Commercial Property Management Residential 482

Housing Wire

JULY 23, 2024

Established in 2021, the company provides short-term bridge loans, fix-and-flip loans and construction financing for residential and multifamily investment properties. The company recently added Tuan Pham as its chief marketing officer and Steve Huff as senior vice president of asset management and servicing.

Lending 440

Lending Banks Residential Construction 440

Housing Wire

AUGUST 16, 2023

A ban on residential building permits in parts of the Phoenix area is angering builders and agents , who feel it may curb the supply of affordable housing. Arizona sees the ban as a precautionary measure to curb the effects of climate change , as it will limit the number of new residential properties built in the area.

Construction 370

Construction Agents Residential Development 370

Housing Wire

AUGUST 18, 2021

in July compared to the prior month, an indication that construction supply lines are still choked and near record-high home prices are shutting out scores of buyers. “There are now almost 690,000 single-family homes under construction – the largest number since 2007. Housing starts in the U.S. million units. .

Construction 505

Construction Land Residential Finance 505

Housing Wire

FEBRUARY 12, 2024

residential mortgage market and housing-related assets. It also has a niche in construction and manufactured home loan programs. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. AFR offers agency, nonagency and government lending products.

Lending 452

Lending New Construction Construction Finance 452

Housing Wire

SEPTEMBER 25, 2024

Florida is a top state for new residential construction, yet Florida homebuilders haven’t reported significant strides in new construction sales either. True, these buyers still have plenty of financing, legal and compliance obstacles to navigate in the U.S. increase year-over-year according to Redfin data.

Investor 448

Investor New Construction Construction Residential 448

Housing Wire

AUGUST 5, 2024

Peerage is a top-10 residential real estate services firm that operates across North America and is closely connected with Sotheby’s International Realty. Its partners include several independent firms that deal in residential resales and new construction marketing. and Canada.

Technology 431

Technology New Construction Residential Construction 431

Housing Wire

JULY 23, 2024

HousingWire Lead Analyst Logan Mohtashami recently wrote that higher mortgage rates “have increased recession risk by targeting the one sector that always falls before every recession: residential construction workers. Data from the U.S. Census Bureau and the U.S. The surveyed agents also noted that affordability was the No.

Mortgages 511

Mortgages MLS Finance Loans 511

Housing Wire

JANUARY 16, 2024

Anchor Loans’ TPO channel will provide residential business purpose loan products – including bridge , fix and flip, ground-up construction and rental investor loans with debt service coverage ratio (DSCR), the firm said in a release. Tim Landwehr, co-chief revenue officer, led the launch of the TPO channel.

Loans 468

Loans Investor Banks Finance 468

Housing Wire

MAY 10, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 392

Closing Principal Investor Residential 392

Housing Wire

AUGUST 22, 2024

The Federal Housing Finance Agency (FHFA) on Wednesday updated its capital requirements for private mortgage insurers and allowed rules established during the COVID-19 pandemic to sunset. They establish limits for assets backed by residential or commercial real estate and mitigate the impact if the assets lose value.

Mortgages 459

Mortgages Commercial Loans Finance 459

Housing Wire

OCTOBER 6, 2023

But people need homes,” said Kenny Deen, senior account executive at the independent mortgage banker and residential home lender Paramount Residential Mortgage Group. Then, we have all the traditional financing options, including jumbo.” “We’re people who have been around for a while.

Mortgages 493

Mortgages VA loan Finance Renovation 493

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

Construction 476

Construction New Construction Lending Sales 476

Housing Wire

AUGUST 16, 2024

. “The large inventory of new homes is suppressing building at this point, but with mortgage rates dropping and likely to fall more, we should see a pick up in construction later this year,” Robert Frick, a corporate economist at Navy Federal Credit Union , said in a statement. Single-family permits also declined, falling 0.1%

Construction 478

Construction New Construction MLS Residential 478

Housing Wire

AUGUST 29, 2022

The construction industry has yet to fully recover from the 2008 financial crisis when it lost a big segment of its skilled construction workforce. Pandemic-related supply chain snags have impacted the prices of key construction inputs like lumber, steel, and copper. The good news.

Construction 459

Construction Land Finance Commercial 459

Housing Wire

OCTOBER 4, 2024

Most of the job gains in September occurred in food services and drinking places (+69,000 jobs), health care (+45,000 jobs), government (+31,000 jobs), social assistance (+27,000 jobs), and construction (+25,000 jobs). Over the past 12 months the construction sector has averaged a gain of 19,000 jobs per month.

Construction 476

Construction Residential MLS Land 476

Housing Wire

FEBRUARY 13, 2025

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). It also launched a new construction financing product for builders. billion since 2019. The company reportedly originated $6.5

Land 214

Land Investor Principal New Construction 214

Housing Wire

OCTOBER 1, 2024

Annaly has $75 billion in assets invested across its agency mortgage-backed securities (MBS), residential credit and MSR strategies. Inside Mortgage Finance ranked Rocket as the eighth-largest U.S. Terms of the deal were not disclosed. billion in market value as of June 30. billion as of June 30. million loans, generating about $1.4

Closing 433

Closing Principal Loans Finance 433

Housing Wire

JUNE 10, 2024

Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. Pham has 23 years of marketing experience in the real estate and finance sectors.

Lending 345

Lending Due diligence Finance Loans 345

Housing Wire

JULY 14, 2022

Cuts also hit operations, risk and compliance, legal, finance, business operations and marketing teams, according to a presentation held on Wednesday afternoon. . The lender was planning to offer construction loans but rising interest rates put a halt to that and forced Kiavi to issue pink slips. .

Loans 418

Loans Construction Finance Investor 418

Housing Wire

MARCH 27, 2023

The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae’s Economic and Strategic Research (ESR) Group said. While single-family housing starts rose 1.1%

Banks 397

Banks Lending Fixed-rate mortgage Construction 397

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Modern construction finance requires new infrastructure altogether. and Canada. and Canada.

Technology 326

Technology Closing Construction Commercial 326

Housing Wire

AUGUST 13, 2024

Construction of accessory dwelling units (ADUs) is taking off, but is it bringing down housing costs? A new report from John Burns Real Estate Consulting casts doubt on it, citing uneven geographic distribution of deregulations and the high cost of construction. As a result, the most impactful ADUs are in new construction.

Construction 435

Construction New Construction Equity Residential 435