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JLL Capital Markets arranges sale and Fannie Mae financing of 26-story Rafter Apartments in Minneapolis; luxury property features 333 units with rooftop pool completed in 2019

House Budget Committee approves US$2 trillion spending cut resolution for fiscal year 2025; committee advances measure with 21-16 vote on Feb. 13

Residential construction credit tightens for 12th consecutive quarter; NAHB survey shows loan-to-value ratios decline as interest rates drop across all loan categories in Q4 2024

RBC: Sentiment positive on Western Forest Products' sale of 14,500 hectares of Vancouver Island land for C$69.2M; company plans to use proceeds to reduce debt, help finance shift toward higher value products and continuous dry kiln investments

Fitch Ratings affirms Extended Stay America Trust 2021-ESH certificates as property releases total $574.5M; portfolio maintains 76.5% occupancy across 466 hotels in 40 states as of September 2024

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