Stanley Martin buying Holiday Builders highlights hyper-scale shift

Homebuilding scale is arriving at the midway point through a structural inflection. The latest evidence arrived Thursday, as Stanley Martin Homes announced it had entered an agreement to acquire Florida-based Holiday Builders, a transaction that will add approximately 1,050 annual home closings, mor

EXCLUSIVE: Former L.A. Dodgers Owner Frank McCourt Lists Longtime New York City Home for $47.5 Million

Former Los Angeles Dodgers owner Frank McCourt has listed the opulent New York City apartment he bought the same year he sold his stake in the legendary sports team—offering up the "distinguished" abode for $2.5 million less than what he purchased it for 14 years ago. The four-bedroom, 3.5-bathroom

5 Years After the Passive Income Craze, Rental Properties Have Proved To Be Anything But

In 2021, William and Josh Lemmon started buying single-family homes in Akron, OH, for as little as $60,000 and renting them out for as much as $1,000 per month. “The rents [we could charge compared] to the cost of buying it were insane,” William tells Realtor.com®. “So we jumped in on it.” It was th

Greystone’s new $137M fund lands as LIHTC investment rises

Eight months ago, Greystone Real Estate Capital was just getting started raising money for affordable housing projects. It has now closed its second fund in less than a year, drawing three existing institutional investors and five new ones. Greystone’s latest fund brought in $137 million, pushing th