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Hines Names Adam Hines Co-CEO in Generational Leadership Transition

Hines Names Adam Hines Co-CEO in Generational Leadership Transition

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

Hines is moving to its next generation of leadership, naming Adam Hines co-CEO alongside Laura Hines-Pierce effective Jan. 1, 2027.Jeff Hines will move from co-CEO to chairman and step back from day-to-day management. David Steinbach will become the global real estate...
USDA and HUD Sign Agreement to Streamline Federal Housing Programs

USDA and HUD Sign Agreement to Streamline Federal Housing Programs

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

The U.S. Department of Agriculture and Department of Housing and Urban Development have signed a memorandum of understanding aimed at reducing overlapping federal requirements affecting housing development and homeownership.The agreement, announced Sept. 29,...
Senate Bill Would Exclude Real Estate Agents From Federal Wage Law

Senate Bill Would Exclude Real Estate Agents From Federal Wage Law

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

A newly introduced U.S. Senate bill would amend federal wage law to clarify the employment status of qualified real estate agents and direct sellers.S. 5646 was introduced Sept. 30 and referred to the Senate Committee on Health, Education, Labor and Pensions. The...
The Loan Store Rebrands as Averra Financial After Rapid Wholesale Expansion

The Loan Store Rebrands as Averra Financial After Rapid Wholesale Expansion

by John G. Stevens | Oct 3, 2026 | Current News & Events, Real Estate News

The Loan Store has changed its name to Averra Financial, giving one of the nation’s largest wholesale mortgage lenders a new identity after several years of rapid expansion.The Tucson, Arizona-based company announced the change Oct. 1 and said the Averra name took...
Jury Convicts Two in $13 Million Federal Program Fraud Scheme Involving HUD Funds

Jury Convicts Two in $13 Million Federal Program Fraud Scheme Involving HUD Funds

by John G. Stevens | Oct 3, 2026 | Current News & Events, Market Snapshot, Real Estate News

A federal jury has convicted two defendants in a nationwide fraud scheme that sought more than $13 million from federal programs, including housing funds intended to assist homeless and vulnerable Americans.The U.S. Attorney’s Office for the Northern District of New...
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