The 133-acre site of a defunct New Jersey hospital has received approval to become a $350 million mixed-use development with 1,005 apartments. NJBiz.com reports the City of Orange approved a plan to renovate the former Orange Memorial Hospital into a new development...
Final Offer, the Boston-headquartered residential real estate platform, has acquired Private Collection, a source of listing information for off-market properties. The financial terms of the deal were not disclosed. According to a statement from the companies, the...
Australia’s central bank enacted its first rate cut since November 2020. The Reserve Bank of Australia announced the benchmark interest rate will be reduced by 25 basis points to 4.10%. The central bank held the rate at 4.35% since November 2023 after 13 consecutive...
A Phil Hall Op-Ed: Scott Turner has only been the Secretary of Housing and Urban Development (HUD) for two weeks and his first two major announcements for the department involved stopping enforcement of the Biden-era gender identity rule that allowed individuals to...
Florida Gov. Ron DeSantis gave his support for the elimination of state property taxes, recommending that the idea be put before voters. DeSantis made his position known through a response to an X user who stated, “Property taxes should not be charged based on assumed...
Hits and Misses for the Real Estate Week of May 4-8
