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Nick Rojo and Jeff Burns (Affiliated, iStock)

Affiliated Development launches $125M workforce housing fund

A Fort Lauderdale-based real estate development and investment firm wants to raise $125 million to invest in mixed-income workforce...

Affiliated Development launches $125M workforce housing fund
RE/MAX CEO Adam Contos with the RE/Max headquarters at 5075 South Syracuse Street in Colorado (Credit: Facebook, Re/Max)
National

RE/MAX revenue rebounds as firm prepares to sublease HQ

Thanks to a strong housing market, RE/MAX Holdings’ brokerage business is returning to pre-pandemic levels. The brokerage reported revenue...

RE/MAX revenue rebounds as firm prepares to sublease HQ
Southland Mall, 20505 South Dixie Highway in Cutler Bay with JLL's Tom Hall and Danny Finkle (Google Maps, JLL)

Southland Mall’s troubled $65M CMBS loan for sale

A $65 million CMBS loan on Southland Mall in Cutler Bay is being shopped, after its former owner defaulted...

Southland Mall’s troubled $65M CMBS loan for sale
Deutsche Bank CEO Christian Sewing and Deutsche Bank's Manhattan headquarters at 60 Wall Street (Getty)
National

Deutsche Bank: Employees can stay home until mid-2021

Employees at Deutsche Bank won’t have to replace sweats with suits any time soon. The German lender notified staff...

Deutsche Bank: Employees can stay home until mid-2021
The value of single-family mortgage-backed securities hit a new monthly record, and demand is still strong. (iStock)
National

Mortgage-backed securities boom breaks monthly record

Thanks to low mortgage rates and a surge in home-loan refinancing, the number of mortgage-backed securities has skyrocketed. The...

Mortgage-backed securities boom breaks monthly record
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