Centerspace Puts Minnesota Apartments on the Sales Block

Centerspace puts Minnesota apartments on the sales block

The Minneapolis-based apartment REIT is also adding to its portfolio with purchases in Salt Lake City and Colorado.

REIT Chimera to acquire HomeXpress, expand into non-QM

Real estate investment trust Chimera Investment Corp. has entered into an agreement to acquire HomeXpress Mortgage Corp., adding a mortgage origination platform to its portfolio. The sellers include affiliates of Seer Capital Management’s credit fund business. National lender HomeXpress specializes in nonqualified mortgages (non-QMs), business-purpose loans for real estate investors and other nonagency mortgage products. The company, which works…