Texas Gov. Greg Abbott has proposed a “taxpayer empowerment plan” designed to lower property taxes on homeowners. Abbott, who is seeking a fourth term as governor, used his Substack page to present five key points for his plan: Property tax increases must be voted on...
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has hired Mike Morey as executive vice president for capital markets. In his new role, he will lead the firm’s insurance capital markets strategy, focusing on expanding lender...
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
Interra Capital Group announced its acquisition of Greenway Plaza, a 53-acre, approximately 4.5 million-square-foot mixed-use office campus in Houston. The terms of the acquisition were not disclosed by the company. However, the Houston Chronicle reports that instead...
Nationwide Mortgage Bankers (NMB) has promoted Yasser Valdes Herrera to president of Americasa, the company’s Spanish-language mortgage platform. Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. He served as...
13.9 Million Homes Could Change Hands as Boomer Housing Handoff Accelerates
