Blackstone (NYSE: BX) and Apartment Income REIT Corp. (AIR Communities) (NYSE: AIRC), announced that Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately...
Robert Reffkin, CEO of Compass Inc. (NYSE: COMP), is predicting the recent settlement by the National Association of Realtors (NAR) will have a minimal impact on the real estate industry. “I think the headlines have been much more dramatic than the details of...
Pennsylvania Sen. John Fetterman became the most prominent Democratic lawmaker to openly oppose the concept of “squatter’s rights.” In a weekend interview with the New York Post, Fetterman acknowledged dealing with squatters when he served as mayor of Braddock,...
The latest data analysis of the Home Purchase Sentiment Index (HPSI) published by Fannie Mae (OTCMKTS:FNMA) suggests households have become acclimated to higher mortgage rates. The HPSI decreased 0.9 points in March to 71.9, its first decline since November 2023, with...
Canadian Prime Minister Justin Trudeau is advocating for modular and prefabricated homes as the solution to meet his country’s housing shortage. According to CTV News, Trudeau’s government is planning to allocate more than $600 million in the upcoming federal budget...
