Cushman & Wakefield, New York, served as exclusive adviser to The KABR Group in the procurement of $69.125 million to refinance an industrial property--called the Ideal Building--in Jamaica, Queens.

The U.S. residential housing economy, which represents about 17% of GDP, will likely continue growing in second-half 2024 despite unaffordability due to high home prices and mortgage rates, according to Fitch Ratings, Chicago/New York.

This week’s top legislative and policy news from the Mortgage Bankers Association.

MBA NewsLink interviewed Adam Dembowitz, Senior Managing Director in JLL’s Value and Risk Advisory team, about his views on the office sector.

The U.S. Bureau of Labor Statistics announced nonfarm payroll increased by 272,000 and the unemployment rate was at 4% in May.

Older homeowners hold $13 trillion in home equity, according to the latest quarterly NRMLA/Riskspan Reverse Mortgage Market Index.