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Wrightwell secures new financing, pledges housing investment of up to $300M

Housing Wire

Real estate investment and operating platform Wrightwell has secured a new financing round while forging a partnership with Bain Capital and Saluda Grade. The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” housing and financing operating companies.”

Finance 397
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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. What does this mean for the residential real estate sector and how business-purpose mortgage lenders are trying to expand?

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2025 labor market holds key for mortgage rates

Housing Wire

Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. However, there is a limit to the downside on mortgage rates until the labor market breaks, or we get more than 1% rate cuts from the Fed. This leads us back to the private sector and residential construction jobs.

Mortgages 381
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Washington state lawmakers working on commercial-to-residential conversion bill

Housing Wire

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. House Bill 1757 extends these allowances to commercial buildings in primarily residential zones. The measure passed overwhelmingly in a vote of 95-2.

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The Federal Reserve’s housing recession dilemma

Housing Wire

Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. The key points of this report indicate that the Federal Reserve has overlooked the housing market for years. We will soon find out.

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Homebuyers are taking more risks in an obstacle-filled market

Housing Wire

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. Many first-time homebuyers are stretching their finances to the limit. I believe the concerns for the market at this point are dramatically related to geographics.

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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Gerli told HousingWire in an emailed response that normalizing market conditions would be indicated by a slow and gradual decline in rents.

Marketing 370