"May 2026" Archives

Archive page

Southern Land adds an integrated mortgage division as it scales MPCs

Southern Land Company has launched an in-house mortgage division, SLC Lending, as the Nashville-based developer looks to tighten control of the homebuying process across its master-planned and single-family communities. The move, announced by the company, extends Southern Land’s vertically integrated model beyond land planning, development, construction and property management into mortgage origination. It comes as…

Equity Residential, AvalonBay to merge in $69 billion multifamily deal

Equity Residential and AvalonBay Communities agreed to an all-stock merger of equals that will create a $69 billion multifamily giant controlling more than 180,000 apartments across the country, the companies announced Thursday. The combined real estate investment trust will have a pro forma equity market capitalization of about $52 billion and an enterprise value of…

NEXA Lending enters investment, phased acquisition with Copper Ridge Ventures

NEXA Lending announced Thursday that it has entered into a strategic investment and phased acquisition agreement with Copper Ridge Ventures, cementing a growth and scaling strategy for both companies. Copper Ridge is a mortgage joint venture holding company founded by Tim Owens, a longtime industry executive with past tenures at loanDepot, CrossCountry Mortgage and Cardinal…