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Honolulu Voters Face Five Housing Charter Changes, From Funding to Public Hearings

Honolulu Voters Face Five Housing Charter Changes, From Funding to Public Hearings

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

Honolulu voters will decide five housing-related changes to the city’s governing charter on November 3, including whether to keep loan repayments inside its affordable-housing fund and eliminate a separate public-hearing requirement for city property...
NYC Approves 5,700 Pied-à-Terre Tax Exemptions as Deadline Nears

NYC Approves 5,700 Pied-à-Terre Tax Exemptions as Deadline Nears

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

New York City has approved about 5,700 applications for exemptions from its new tax on high-value non-primary residences, according to figures the Department of Finance provided to the New York Post. Roughly 10,000 applications had been submitted as of Friday morning,...
South Carolina Tornado Destroys Home, Severely Damages Three Others

South Carolina Tornado Destroys Home, Severely Damages Three Others

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

One home was destroyed and three others sustained major damage in Allendale County, South Carolina, on Saturday afternoon as a tornado-producing storm crossed the Georgia–South Carolina border, according to a preliminary National Weather Service report based on...
TKO Offers $2 Billion for Service Properties Trust’s 93-Hotel Portfolio

TKO Offers $2 Billion for Service Properties Trust’s 93-Hotel Portfolio

by John G. Stevens | Oct 11, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing

An unsolicited $2 billion cash bid for 93 hotels has put a major strategic choice before Service Properties Trust, the publicly traded landlord that has spent the past year selling lodging assets and paying down debt. The buyer, TKO LLC, wants the entire remaining...
Supportive Housing Lender CSH Reports A+ Credit Rating as Financing Needs Grow

Supportive Housing Lender CSH Reports A+ Credit Rating as Financing Needs Grow

by John G. Stevens | Oct 11, 2026 | Current News & Events, Real Estate Investing, Real Estate News

Corporation for Supportive Housing says S&P Global Ratings has assigned it an A+ issuer credit rating with a stable outlook, a development that could help the nonprofit housing-finance intermediary attract capital for projects that struggle to obtain early-stage...
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