Featured Real Estate News
Former NYC Developer Joshua Schuster Sentenced for Defrauding Investors
Joshua Schuster, a former New York City real estate developer, was sentenced to four years in prison for his role in a scheme to defraud investors in large real estate development projects. According to the charges brought against him, between 2018 and 2022 Schuster...
Former NYC Developer Joshua Schuster Sentenced for Defrauding Investors
He used a Ponzi-style scheme to repay earlier investors and cover unrelated business obligations and payroll. Continue Reading Former NYC Developer Joshua Schuster Sentenced for Defrauding Investors
Maine Home Sales Surged in July
The Maine housing market heated up in July with 1,697 homes sold during the month, a 7.75% surge from one year earlier. “Active home sale listings exceeded 6,200 for the first time since December 2019, resulting in the eighth best July since the year 2000,” said Judy...
Mortgage Application Activity Perks Up
Mortgage application activity trended higher during the week ending Aug. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.6% on a seasonally adjusted basis...
Ex-Fannie Mae CEO Joins Board of Directors at The Hartford
The Hartford Insurance Group, Inc. (NYSE: HIG) announced the appointment of Priscilla Almodovar, former president and CEO of Fannie Mae (OTCQB: FNMA), to the company’s board of directors, effective Sept. 1. Almodovar will serve on the board’s Finance, Investment and...
News & Current Events
Canadian Real Estate Investment Firm Equiton Debuts US Apartment Fund
The fund is Equiton’s fifth open-ended private real estate fund and its first focused on the United States. Continue Reading Canadian Real Estate Investment Firm Equiton Debuts US Apartment Fund
Jeffrey Kuehling Steps Down as CFO at Kilroy Realty
Eliott Trencher will assume the roles of CFO and treasurer on an interim basis. Continue Reading Jeffrey Kuehling Steps Down as CFO at Kilroy Realty
NYC Accountant Indicted in Connection to Real Estate Investment Fraud Schemes
Alberto Gomez was arrested in Boca Raton, Florida, and will be arraigned in the Eastern District of New York at a later date. Continue Reading NYC Accountant Indicted in Connection to Real Estate Investment Fraud Schemes
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Maine Home Sales Surged in July
“Active home sale listings exceeded 6,200 for the first time since December 2019, resulting in the eighth best July since the year 2000,” said Judy Oberg, 2026 president of the Maine Association of Realtors. Continue Reading Maine Home Sales Surged in July
Mortgage Application Activity Perks Up
The Refinance Index increased 5% from the previous week, but it was also 22% lower than the same week one year ago. Continue Reading Mortgage Application Activity Perks Up
Ex-Fannie Mae CEO Joins Board of Directors at The Hartford
Almodovar was appointed as CEO of Fannie Mae by President Biden in 2022 and took on the additional title of president in 2024. Continue Reading Ex-Fannie Mae CEO Joins Board of Directors at The Hartford
Canadian Real Estate Investment Firm Equiton Debuts US Apartment Fund
The fund is Equiton’s fifth open-ended private real estate fund and its first focused on the United States. Continue Reading Canadian Real Estate Investment Firm Equiton Debuts US Apartment Fund
Jeffrey Kuehling Steps Down as CFO at Kilroy Realty
Eliott Trencher will assume the roles of CFO and treasurer on an interim basis. Continue Reading Jeffrey Kuehling Steps Down as CFO at Kilroy Realty
NYC Accountant Indicted in Connection to Real Estate Investment Fraud Schemes
Alberto Gomez was arrested in Boca Raton, Florida, and will be arraigned in the Eastern District of New York at a later date. Continue Reading NYC Accountant Indicted in Connection to Real Estate Investment Fraud Schemes
GO Residential REIT Buys 27 Properties from H&R REIT Valued at $2.8 Billion
he transaction is designed to expand GO’s residential portfolio beyond New York City into major Sunbelt markets. Continue Reading GO Residential REIT Buys 27 Properties from H&R REIT Valued at $2.8 Billion
SERHANT. Expands Into the Denver Market
The newly opened SERHANT. Colorado includes 11 founding agents and represents the brokerage’s largest single-market entry by volume for the firm to date. Continue Reading SERHANT. Expands Into the Denver Market
Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax
The president cited “the Radical Left Jihadists” running the city and the state. Continue Reading Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax