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Meritage Shows Strong Second-Quarter Home Order Data

Arizona-based Meritage Homes has reported second-quarter data that shows eight consecutive months of year-over-year increases in orders for the company. In addition to home orders numbers, Meritage's recently released survey also catalogs the company's closings and backlog figures. According to Meritage, home orders reached 1,353 units for the quarter ended June 30, representing a 49 percent rise year-over-year. Home order value shot up by 63 percent versus 2011 numbers, totaling $385,829.

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Madonna’s Former Beverly Hills Home For Sale

Aspiring Material Girls take note - Madonna's former Beverly Hills residence can be yours for $18.495 million. The recently listed 1940s estate has also played home to mega-watt stars including Betty Grable and Diane Keaton, and we're sure they;re very thankful that the walls of the seven-bedroom pad cannot talk.

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Don Imus Lists Waterfront Estate in Connecticut

Radio icon Don Imus and his wife, Dierdre, have listed their Connecticut property for $19.9 million. RealEstalker reports that Imus has taken the waterfront estate on and off the market multiple times, dating from 2009, and when it was originally put up for sale, the Greco-Georgian property carried a much higher price tag of $30 million.

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Aite Analyst Evaluates the CMBS Market’s Past and Present

Aite Group is speaking out on contemporary issues in the commercial mortgage-backed securities (CMBS) marketplace. The company's senior analyst, John Jay, recently released his statements in response to a New York Times article evaluating the potential impact of pre-crisis commercial loans.

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MountainSeed Debuts New Commercial Valuation Tool

MountainSeed Appraisal Management, LLC, is targeting the commercial market with the launch of a new evaluation program. According to MountainSeed, the tool will make it easier for appraisers to extend commercial valuations to smaller lenders.

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Commercial Real Estate Group Taps Into Refinancing Rush

In Maryland, Sunrise Senior Living, Inc., is taking advantage of the recent refinancing boom. The real estate company has announced changes to its loan for Bethesda's Fox HIll assisted living community, noting that Sunrise has opted to refinance the existing mortgage.

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