Zillow, Seattle, reported that 1.36 million homes were for sale in June, the most since November 2019.

Existing-home sales decreased by 2.7% in June, the National Association of Realtors reported Wednesday.

Dwight Capital, New York, closed a combined $61.9 million in HUD 223(f) financing for two multifamily properties on behalf of Continental Properties. Additionally, Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, financed a $230 million bridge loan to facilitate the acquisition of a 19-property skilled nursing/assisted living portfolio located throughout Ohio.