Benjamin S. Nummy has been named a managing principal at Equibase Capital Group LLC, a real estate investment firm based in Chicago.Equibase said Mr. Nummy will become a member of the firm's management and investment committees and join its efforts in sourcing, structuring, and executing investment transactions. Before joining Equibase, Mr. Nummy was an executive director in the Real Estate Group at Morgan Stanley.
President Donald Trump said he wouldn't sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.
Delayed development pipelines and tradeoffs plague projects as builders look towards creative financing strategies to cope.
The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.
Low immigration and fertility rates paired with aging boomers could weaken the foundation of housing demand over the next decade, the MBA finds.
Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.
The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
