New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million. The deal was made public four months ago and created a dispute among investors to take the firm, leading Rithm to increase its price by 14%

Housing starts surprised in October. They rose to a seasonally adjusted annual rate of 1,372,000, the highest in three months, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s a 1.9% gain from the revised September estimate of 1,346,000 and 4.2% bel

Office building owners and developers have begun using large-scale fine arts programs to lure employees back to the offices they fled when Covid struck in March 2020.

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Zillow’s 2023 Consumer Housing Trends Report finds that first-time buyers