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Real Estate

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The Federal Home Loan Mortgage Corporation — more commonly known as Freddie Mac — said today that it plans to launch a new mortgage product designed to support homeownership among Native Americans. 

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The San Manuel Band of Mission Indians said today that it acquired an ownership stake in the newly renovated Waldorf Astoria Monarch Beach Resort & Club in Dana Point, Calif.

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When Dr. James Collard first stood on the ground that would become the Iron Horse Industrial Park in Shawnee, Oklahoma, the site was little more than a cornfield along the southern banks of the North Canadian River. 

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The economic development arm of the Hopi Tribe announced plans to develop a unique 44-room boutique hotel in the area surrounding Flagstaff, Arizona.   

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Mno-Bmadsen, the non-gaming investment arm of the Pokagon Band of Potawatomi Indians, announced it acquired a majority stake in Cressy Commercial Real Estate, a full-service brokerage, development, construction and property management firm. 

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Three Native nonprofits have asked Congress to modify a federal housing program that currently grants money only to three non-Native non-profits, saying it “has largely bypassed Indian Country.”

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The Central Council of the Tlingit and Haida Indian Tribes of Alaska said last week that it purchased a hospitality property in Juneau as part of a larger push to get “lands back into Indigenous hands.” 

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Ziggi’s Coffee, a Denver-based coffee franchise company, last week announced its first location on tribal lands.  

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Tribally-owned Bodwé Professional Services Group finds itself well-equipped to solve a current challenge: it’s growing so fast that it needs to design and configure more space for its operating companies.  

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The Mandan, Hidatsa, and Arikara Nation is attempting to purchase the former White Sands Motel in Las Vegas for $10.25 million, bridging a gap in the tribes’ previous purchases along the south Strip area.