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Will the ROAD Act change what pencils for multifamily rentals?
While the 21st Century ROAD to Housing Act remains in Oval Office big yawn limbo, its game-changing relevance to multifamily developers, apartment builders, rental housing investors and capital providers is clear. The bill has passed both chambers of Congress by historic bipartisan margins. What it has not yet done is become law. That leaves four […]
Jesse Singh takes the helm at Fortune Brands Innovations
Jesse Singh has been appointed chief executive officer of Fortune Brands Innovations Inc. (NYSE: FBIN), the home, security and digital products company said Monday. Fortune Brands is the parent of several core brands in the homebuilding and repair-remodel channels, including Moen, House of Rohl, Therma-Tru, Larson, Fiberon, Master Lock, Sentry Safe and Yale residential. Singh […]
Figure bolsters first-lien strategy with $717M deal for Kiavi
Figure Technology Solutions will acquire Kiavi in a $717 million deal that increases its exposure to residential investor loans and the first-lien market, the companies announced Wednesday.
Realty ONE Group launches ZONE Pro AI platform
Realty ONE Group launched ZONE Pro, an AI platform for 20,000 agents that centralizes operations, referrals and training across 30 markets.
Equity Residential, AvalonBay to merge in $69 billion multifamily deal
Equity Residential and AvalonBay Communities agreed to an all-stock merger of equals that will create a $69 billion multifamily giant controlling more than 180,000 apartments across the country, the companies announced Thursday. The combined real estate investment trust will have a pro forma equity market capitalization of about $52 billion and an enterprise value of […]
AI-powered data remaps builders’ landbuying art and science
Prophetic updated SiteAI to automate parcel yield studies and generate zoning compliant site plans in minutes. The update adds more realistic layouts, lot dimensions, and topography insights including flood zones and wetlands.
