Residential starts decreased 4.2% last month to a 1.43 million annualized rate after an upward revision to the prior month, according to government data released Thursday. Single-family homebuilding dropped to an annualized 855,000 rate, the...
Institutional investors advised by the bank formed a joint venture with Haven Realty Capital to buy and develop entire communities of new homes, according to a statement Tuesday. The partners are seeding the venture with three communities in the...
Andrea Gift Allan will focus on expanding Pretium’s portfolio of rental homes that are leased to tenants who receive assistance through the federal government’s housing choice voucher program.
The cuts come after an abrupt shift in prices forced the company to sell homes for less than it paid for them.