Robert Mullen has raised almost $1 billion to buy distressed single-family houses across the U.S. to rent. He intends to join other financial giants in taking advantage of a 29% dip in home prices since the 2006 peak and more demand for rentals for Americans who are not yet able to buy homes. Fundamental REO, […]
DACRA appears to move forward on its demolition and construction project. The Craig Robins-led developer is planning to bring as many as 50 luxury brands to the Design District with new shopping centers. They are also considering to add residential and hospitality components to the project.