Lincoln Avenue Communities - Real Estate Investor Pulse

Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

February 2, 2024 Mariel Alumit Comments Off

Lincoln Avenue Communities (LAC) has acquired Tivoli Place, a senior housing complex in New Orleans, and announced plans for an extensive rehabilitation of the property. The company – which is headquartered in Santa Monica, California, […]

Lincoln Avenue Communities Breaks Ground on Reno Affordable Housing Complex

November 7, 2023 Mariel Alumit Comments Off

Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, broke ground on the future site of Pinyon Apartments, a development that will provide 252 units of affordable housing for lower-income families in Reno, […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]