Featured Real Estate News
Hits and Misses for the Real Estate Week of July 27-31
The latest shenanigans from Bill Pulte and Zohran Mamdani, Russian renters eyeballing Armenian apartments, and a “Partridge Family” star focusing on Catskills housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July...
Hits and Misses for the Real Estate Week of July 27-31
The latest shenanigans from Bill Pulte and Zohran Mamdani, Russian renters eyeballing Armenian apartments, and a “Partridge Family” star focusing on Catskills housing. Continue Reading Hits and Misses for the Real Estate Week of July 27-31
The World’s First Motel (or What’s Left of It) is Listed for Sale
The California property that is considered the world’s first motel has been listed for sale. Hayes Commercial Group is marketing the 4.21-acre site just off Highway 101 in San Luis Obispo. There is no asking price for the property, which was the site of the Milestone...
CMBS Delinquency Rate Soars by 51 Basis Points to 7.86%
The delinquency rate for commercial mortgage-backed securities (CMBS) surged this month 51 basis points to 7.86%, according to a data report from Trepp Inc. One year ago, the rate was at 7.23%. Thomas Taylor, senior manager for research at Trepp, attributed July’s...
Senate Democrats Question Why FHFA’s Pulte is Still Working as Intelligence Chief
Four days after Jay Clayton was confirmed by the US Senate to become the next Director of National Intelligence, Democrats are openly fuming over the continued presence of Federal Housing Finance Agency (FHFA) Director Bill Pulte as the interim director. Pulte was...
News & Current Events
Missouri Home Sales Up 5.2%
Missouri Realtors also noted that 21,749 homes were sold in the state during the second quarter of this year, with the total quarterly sales volume topping $7.6 billion. Continue Reading Missouri Home Sales Up 5.2%
SEC Charges RAD Diversified REIT and Founders with $152 Million Fraud Scheme
The REIT’s founders collectively misappropriated nearly $5 million of investor funds. Continue Reading SEC Charges RAD Diversified REIT and Founders with $152 Million Fraud Scheme
Toll Brothers Debuts New Idaho Master-Planned Community
Pricing starts from the mid-$400,000s and residences are now available for purchase. Continue Reading Toll Brothers Debuts New Idaho Master-Planned Community
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The World’s First Motel (or What’s Left of It) is Listed for Sale
Most of the original buildings at the site were demolished in 2006. Continue Reading The World’s First Motel (or What’s Left of It) is Listed for Sale
CMBS Delinquency Rate Soars by 51 Basis Points to 7.86%
Four of the five property sectors tracked by Trepp recorded CMBS delinquency rate increases in July. Continue Reading CMBS Delinquency Rate Soars by 51 Basis Points to 7.86%
Senate Democrats Question Why FHFA’s Pulte is Still Working as Intelligence Chief
No Democrat voted for Jay Clayton to take on the job of Director of National Intelligence. Continue Reading Senate Democrats Question Why FHFA’s Pulte is Still Working as Intelligence Chief
Missouri Home Sales Up 5.2%
Missouri Realtors also noted that 21,749 homes were sold in the state during the second quarter of this year, with the total quarterly sales volume topping $7.6 billion. Continue Reading Missouri Home Sales Up 5.2%
SEC Charges RAD Diversified REIT and Founders with $152 Million Fraud Scheme
The REIT’s founders collectively misappropriated nearly $5 million of investor funds. Continue Reading SEC Charges RAD Diversified REIT and Founders with $152 Million Fraud Scheme
Toll Brothers Debuts New Idaho Master-Planned Community
Pricing starts from the mid-$400,000s and residences are now available for purchase. Continue Reading Toll Brothers Debuts New Idaho Master-Planned Community
Report: Banks in Talks to Lend $15 Billion for Google-Backed Anthropic Data Center in Texas
Morgan Stanley is leading a consortium of banks that would provide funding for this project. Continue Reading Report: Banks in Talks to Lend $15 Billion for Google-Backed Anthropic Data Center in Texas
Detroit Sues Ex-HGTV Star Nicole Curtis Over Blighted Property
Curtis, who did not publicly comment on the lawsuit, gained prominence as the host of the HGTV series “Rehab Addict.” Continue Reading Detroit Sues Ex-HGTV Star Nicole Curtis Over Blighted Property
Churchill Downs Considering the Sale of 9 Gaming Properties
The company’s flagship racing properties – including Churchill Downs Racetrack, the home of the Kentucky Derby – are not being considered for sale. Continue Reading Churchill Downs Considering the Sale of 9 Gaming Properties