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Private equity giant buys United Living

Construction Enquirer

Private equity giant Apollo has struck a deal to acquire United Living Group. Joanna Reiss, Partner and Co-Head of Impact at Apollo said: “United Living is a proven provider with an exceptional reputation for quality and reliability that has a profound impact on affordable housing residents and their broader communities. “As

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Home Equity Jumps, Relieving Properties from Negative Equity

Pro Builder

Home Equity Jumps, Relieving Properties from Negative Equity. The change in home equity comes from the insatiable demand for homes and record low mortgage rates, according to CNBC. annual increase in equity for homeowners with a mortgage. annual increase in equity for homeowners with a mortgage. cbroderick.

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What Distinguishes Today’s Housing Slump From the 2008 Collapse?

Pro Builder

What Distinguishes Today’s Housing Slump From the 2008 Collapse? With much less financial risk-taking and an increase in equity wealth, today's buyers and homeowners are much more prepared to handle a housing downturn than they were in 2008. Thu, 09/08/2022 - 09:42.

Housing 98
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London private equity firm launches bid for Sureserve

Construction Enquirer

London-based private equity group Cap10 has launched a £214m takeover bid for housing maintenance contractor Surveserve. The bid, which is being recommended by the housing maintenance firm’s board, is at a 39% premium to yesterday’s closing share price of 90p, which gave Sureserve a market capitalisation of £145m.

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20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why

Pro Builder

20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why. Mortgage rates briefly surged to a 20-year high last week, and as more prospective buyers are priced out of home purchases, economists warn that the housing market may be headed full speed ahead toward a recession. Mon, 10/03/2022 - 09:59. Market Data + Trends.

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Mortgage Equity Withdrawals Surge Amid Record Housing Wealth

Pro Builder

Mortgage Equity Withdrawals Surge Amid Record Housing Wealth. Net equity extractions are on the rise as home prices keep climbing, but homeowners could soon slow their borrowing activity due to higher mortgage rates. For Q1 2022, the Net Equity Extraction was $131 billion, or 2.87% of Disposable Personal Income (DPI).

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More House Hunters Are Seeking Out Diverse Neighborhoods

Pro Builder

More House Hunters Are Seeking Out Diverse Neighborhoods. How the housing market is prioritizing inclusivity. housing market adapts to a more diverse national population, developers are pushing for more inclusive housing for ??economically, Fri, 10/22/2021 - 10:04. As the U.S.

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