A new bill was introduced in the US Senate that would exclude homebuilding materials from President Trump’s tariff policy. The Housing Tariff Exclusion Act is designed to automatically exempt many homebuilding materials from current and future tariffs. Importers would...
The Real Estate Fraud Unit of the Los Angeles Police Department’s (LAPD) Commercial Crimes Division’s arrested Rita Ortiz for filing false mechanical liens on several residential properties. Ortiz filed mechanical liens on property titles for extraordinarily elevated...
The Department of Housing and Urban Development (HUD) has put forth a new proposed rule that provides public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners with the ability to mandate work requirements and time limits for...
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
SL Green Realty Corp. (NYSE:SLG) and its joint venture partner, Jeff Sutton’s Wharton Properties, announced it has closed on the sale of New York City’s 690 Madison Avenue for $54.5 million. The property is a five-story, 7,850-square-foot commercial building located...
Mortgage Delinquency Rate Inches Up to 3.72%
