Featured Real Estate News
Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million
A New York man who used deed theft to take over two Harlem brownstones with a combined value of $4.7 million was convicted after a seven-week trial. Joseph Makhani was found guilty of two counts of Criminal Possession of Stolen Property in the First Degree and one...
Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million
Joseph Makhani was found guilty of two counts of Criminal Possession of Stolen Property in the First Degree and one count of Scheme to Defraud in the First Degree. Continue Reading Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
Casa Encantada, the historic 8.5-acre Los Angeles estate at the center of a prolonged foreclosure struggle, was sold at auction for $130 million. The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the...
Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
The only Tennessee home designed by the iconic architect Frank Lloyd Wright has been listed for the first time in its 75-year-history. Realtor.com reports the 1,784-square-foot Chattanooga-based Usonian residence built in 1952 is now up for sale at $1.6 million....
CoStar Group Debuts Platform for French Commercial Real Estate Market
CoStar Group (NASDAQ: CSGP) has announced the launched of the CoStar platform in France. According to the company, investors, brokers, owners, corporate occupiers, and lenders in France can use a single platform to access commercial real estate information for the...
News & Current Events
PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
The company added that more acquisitions are expected to occur during the third quarter. Continue Reading PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
List Prices Record Steepest Annual Decline in 9 Years
“Eight straight months of falling prices and seven straight months of rising pending sales are not a contradiction,” said Danielle Hale, chief economist at Realtor.com. Continue Reading List Prices Record Steepest Annual Decline in 9 Years
CMBS Delinquency Rate Drops by 20 Basis Points
Trepp attributed the drop to the lodging sector, which posted a 78 basis points decline to 5.22%. Continue Reading CMBS Delinquency Rate Drops by 20 Basis Points
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Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the newspaper’s reporter. Continue Reading Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
Wright was commissioned by Seamour and Gertie Shavin to create the residence. Continue Reading Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
CoStar Group Debuts Platform for French Commercial Real Estate Market
“France is one of the most important real estate markets in the world,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading CoStar Group Debuts Platform for French Commercial Real Estate Market
PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
The company added that more acquisitions are expected to occur during the third quarter. Continue Reading PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
List Prices Record Steepest Annual Decline in 9 Years
“Eight straight months of falling prices and seven straight months of rising pending sales are not a contradiction,” said Danielle Hale, chief economist at Realtor.com. Continue Reading List Prices Record Steepest Annual Decline in 9 Years
CMBS Delinquency Rate Drops by 20 Basis Points
Trepp attributed the drop to the lodging sector, which posted a 78 basis points decline to 5.22%. Continue Reading CMBS Delinquency Rate Drops by 20 Basis Points
Long Island Man Charged in $100K Real Estate Investment Scams
Arnulfo Castillo pleaded not guilty and was released to pretrial services. Continue Reading Long Island Man Charged in $100K Real Estate Investment Scams
Trump: FHFA’s Pulte to Serve as Acting Intelligence Chief for ‘A Month or Two Months or Something’
Jay Clayton, Trump’s pick to become the next DNI, will have a Senate hearing in two weeks. Continue Reading Trump: FHFA’s Pulte to Serve as Acting Intelligence Chief for ‘A Month or Two Months or Something’
Mortgage Application Activity Records Slight Uptick
The FHA share of total applications decreased to 16.9% from 17.9% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
































