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Chicago: CIBC Bank USA Announces Affordable Housing Plan

Realty Biz

CIBC Bank USA has unveiled its latest initiative aimed at promoting affordable housing, encompassing a $17.6 The renovation scope encompasses rejuvenating all units, communal spaces, and building systems. Extensive refurbishments and appliance replacements are slated to elevate the residents' living standards.

Banks 87
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The labor market showed signs of modest cooling in July

Housing Wire

Over the month, a job gain in real estate and rental and leasing (+12,000) partially compensated for a loss in commercial banking (-3,000). On average, the industry added 16,000 jobs per month in the second quarter of the year, after employment was essentially flat in the first quarter.

Marketing 286
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The Strategy Behind the Success of One of NYC’s Most Active Office Developers

Propmodo

million square feet of office space is under construction or renovation in Manhattan, the lowest amount in 8 years, according to JLL. He teamed up with Rudikoff, a commercial real estate veteran with more than three decades of experience. billion in multifamily and commercial projects across NYC, according to the firm.

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C-PACE Lending Flourishes in Some Communities While Others Fall Behind

Propmodo

It’s hard to go a day in the commercial real estate world lately without hearing about Commercial Property Assessed Clean Energy (C-PACE) lending. C-PACE deals have risen recently in lock-step with Federal Reserve rate increases that have slowed the pace of commercial bank lending. Roughly $6.9

Lending 62
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Real Estate Loans: Types, Features, and Benefits

Norada Real Estate

Real estate loans are a crucial part of the real estate industry, providing investors with the necessary funds to purchase, renovate, or refinance properties. Types of Real Estate Loans Real estate loans are an essential tool for anyone looking to purchase, renovate, or refinance a property.

Loans 52
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What Will the Real Estate Market Bring in 2024? Market Corrections or Rising Property Prices?

Realty Biz

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Bank Rates report the same declining trend in home prices. As a result, builders and renovators sweat.

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5 Things to Know About Real Estate Market Cycles

Realty Biz

Interest rates: Interest rates set by central banks affect mortgage rates and borrowing costs. Investors may consider value-add strategies like renovation, as well as more traditional buy-and-hold investments, multifamily properties, or commercial investments. But remember, recessions are considered high-risk periods.

Marketing 112