Commercial and multifamily mortgage debt outstanding rose by $47.1 billion in the second quarter, reaching a record $4.88 trillion, according to new data released by the Mortgage Bankers Association. The 1% quarterly gain was fueled by broad-based increases across capital sources, with life insurers and banks leading the expansion. Debt tied specifically to multifamily properties advanced $27.7 billion, or...
Boulder real estate professional Julie Meko has joined The Bernardi Group, a Coldwell Banker Realty team that ranks as the company’s top small team in the Boulder, Colo., region. Meko — a licensed Realtor in Colorado since 1998 — has represented some of Boulder’s major residential projects. She is known for her work in both new construction and resale properties. “It’s an incredible...
Frank Aazami, a longtime luxury real estate adviser in Arizona, has joined Compass. Aazami, who previously worked with Russ Lyon Sotheby’s International Realty, is bringing along several of his colleagues from the Private Client Group team — including Dinesh Wilson, Fletcher Wilcox and Zoya Pedenko. Private Client Group recorded $148.7 million in 2024 sales volume, according to RealTrends...
Appraisal technology and management firm Atlas VMS has named Anneta Pope as its chief brand officer, the company announced. Pope — who joined Atlas in 2023 — previously served as chief growth officer. Anneta Pope In her new role, she will advise CEO Erik Morin on market intelligence and customer insights and oversee the development of a unified brand strategy as the company...
I recently gave a talk to a few hundred real estate professionals in Chicago. I started with the map below of the U.S. showing the days on market for pending home sales in different states. It’s a stark illustration that the country is divided into two distinct real estate markets. The states with the shortest time to sell a home are crowded in the Midwest and Northeast. Across the Sunbelt,...
Compass announced that Barron Hilton and Tessa Hilton have joined the brokerage — rebranding their California luxury real estate business under the Compass banner in Beverly Hills and expanding into Palm Beach. The couple, known for representing high-end properties and clients across Los Angeles and beyond, said the move will allow them to scale their business nationally while maintaining their focus...
This Westside listing will make even seasoned Los Angeles luxury buyers sit up. Located at 12833 Chalon Rd, this $58.5 million Brentwood estate sits on its own five-acre promontory in the ultra-private Brentwood Country Estates, one of L.A.’s most exclusive guard-gated communities. With just 13 homes and 24/7 security, it combines the privacy of a secluded retreat with easy access to the city’s best...
A newly listed estate perched high above the city is asking $125 million, putting it among the priciest properties in Southern California. Built over the course of a decade with $30 million worth of poured-in-place concrete, this Hollywood Hills estate is the kind of project that can’t be replicated under today’s building codes. Perched high above the city at 7661 Curson Terrace, the trophy home...
Moving is the perfect chance to declutter. Discover what to leave behind so your move is easier and your new space feels...
Experts weigh in on the home updates that protect against severe weather, including those with the best return on...
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