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FHLBank Chicago and Rep. Bill Foster Join Housing Opportunity Development Corporation, McHenry County and Local Leaders, to Discuss Expanding Affordable Housing Opportunities in Illinois 11th District
MCHENRY, Ill.--(BUSINESS WIRE)--U.S. Representative Bill Foster (IL-11) joined the Federal Home Loan Bank of Chicago (FHLBank Chicago), Housing Opportunity Development Corporation (HODC), McHenry County officials, and local leaders today for a tour and roundtable discussion at Taylor Place Apartments, an affordable housing development in McHenry, Illinois. The event brought together housing and community development leaders to discuss the need for affordable housing across the region and the ro...
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Community Forum Highlights Recovery Options, Continued Interest in SCE’s Wildfire Recovery Compensation Program
ROSEMEAD, Calif.--(BUSINESS WIRE)--More than 100 community members gathered at Westminster Presbyterian Church in Pasadena last week to learn more about Southern California Edison’s Wildfire Recovery Compensation Program, connect with neighbors who have gone through the program and better understand their recovery options. The gathering reflects continued interest in the voluntary program, with nearly 11,700 individuals, trusts and legal entities seeking compensation directly from SCE following...
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KBRA Assigns Preliminary Ratings to OBX 2026-AHC3 Trust
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 64 classes of mortgage pass-through notes from OBX 2026-AHC3 Trust, a prime agency-eligible RMBS transaction sponsored by Onslow Bay Financial LLC, that is fully originated and serviced by AmeriHome Mortgage Company, LLC (AmeriHome). This transaction is comprised of 589 residential mortgages with an aggregate unpaid principal balance (UPB) of approximately $336.3 million as of the July 1, 2026 cut-off date. The underlying collateral...
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OpenAI, Anthropic Employees Could Buy Nearly One-Third of All Homes in San Francisco With IPO Earnings
SEATTLE--(BUSINESS WIRE)--With the wealth created through the two massive AI public offerings coming down the pipeline, current and former employees of OpenAI and Anthropic could buy nearly one-third (29%) of all homes in San Francisco, where both companies are headquartered. That’s not just homes listed for sale—it’s 29% of all homes in the entire metro area, according to a new report from Redfin, the real estate brokerage powered by Rocket. OpenAI With the wealth created through OpenAI’s anti...
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GID Announces 2025 Annual Responsible Investments Report
ATLANTA--(BUSINESS WIRE)--GID, the US-based real estate investment management firm with $32.8 billion in assets under management, today announced the release of its 2025 Responsible Investments Report. The report details GID’s performance in 2025 in building a more resourceful, respectful, responsible, and resilient business across its multifamily and industrial portfolios. "Sustainability and strong operational performance go hand in hand," said Philip Carmody, Head of Responsible Investments...
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Watts Water Named to TIME’s America’s Best Companies 2026 List
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Named to TIME’s America’s Best Companies 2026 List...
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Finance of America Named to TIME’s America’s Best Companies 2026 List
PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC ("Finance of America" or the “Company”) (NYSE: FOA), the nation's leading provider of home equity-based retirement solutions, today announced it has been named on TIME’s list of America’s Best Companies 2026, recognizing organizations that demonstrate strong employee satisfaction, business performance and responsible corporate practices. Presented by TIME in collaboration with Statista, the recognition evaluates companies using a bro...
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Avia Equities, LLC Acquires 190 Unit Blair at Bitters Multifamily Community in San Antonio, Texas
SAN ANTONIO--(BUSINESS WIRE)--Avia Equities, LLC ("Avia") announced that it has acquired Blair at Bitters, a 190 unit garden style multifamily community located in San Antonio, Texas. The acquisition of Blair at Bitters represents a strategic expansion of Avia’s footprint in Central Texas and aligns with the firm’s focus on well located, attainable housing in high growth markets. The business plan includes targeted interior and exterior renovations, and upgrades to common areas and amenities, w...
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Ellavoz Impact Capital & Allivate Impact Capital Join Forces to Scale High-Impact Opportunity Zone Investments
NEWARK, N.J.--(BUSINESS WIRE)--Ellavoz Impact Capital, (Ellavoz) and Allivate Impact Capital® (Allivate) announced today a strategic collaboration to originate and execute high-impact Opportunity Zone (OZ) commercial real estate investments across the United States, targeting attractive returns alongside measurable social impact. The collaboration unites two complementary firms with expertise across impact investing, asset management, and real estate development, creating a differentiated pipel...
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Cornerstone Building Brands Names Austin So as Executive Vice President, General Counsel and Corporate Secretary
CARY, N.C.--(BUSINESS WIRE)--Cornerstone Building Brands appoints Austin So as EVP, General Counsel and Corporate Secretary, effective July 13....