CAPRE’s Commercial Real Estate Headlines for November 25, 2019

Check out the latest deals and developments in commercial real estate for November 25, 2019: Redfin Mortgage Expands to Massachusetts, Michigan and Wisconsin: Redfin Mortgage is now offering loans to homebuyers in Massachusetts, Michigan and Wisconsin. Redfin Mortgage is a subsidiary of Redfin, the tech-powered residential real estate company. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans in 15 states and the District of Columbia. Built on Redfin's technology platform and customer-centric model, Redfin Mortgage offers competitive rates and charges no lender fees, and its mortgage advisers are rewarded based on service, not just sales. Redfin Mortgage is built to seamlessly integrate with Redfin's home-buying service, should the homebuyer elect to work with a Redfin agent. When the homebuyer, lender and agent work on the same technology platform, everyone stays informed at every step in the process, resulting in a smoother closing. Redfin real estate agents are not compensated for recommending Redfin Mortgage and encourage customers to work with the lender that offers the best service and value. Albion Residential Completes First Branded Luxury High-Rise Apartment Development in IL: Albion Residential, a Chicago-based firm specializing in the acquisition and development of luxury rental apartments, completed its first-ever branded development, the Albion Oak Park. A high-rise rental development, the newly opened property enhances the residential experience with the creation of a collaborative community and luxury-driven amenities in a transit oriented location in this top tier Chicago…