The Chinese owners of New York City’s Waldorf Astoria are putting the iconic hotel up for sale months after it reopened following a multibillion-dollar renovation. The Wall Street Journal reports the property’s eight-year, $4 billion overhaul was five years behind...
Sen. Elizabeth Warren (D-MA), the Ranking Member of the Senate Banking Committee, has released a report claiming the Trump administration’s efforts to shut down the Consumer Financial Protection Bureau (CFPB) has cost the nation $19 billion over the past year. The...
A total of 40,534 residential properties had foreclosure filings during January, down 10% from the prior month but up 32% from one year earlier. According to new data from ATTOM, January marked the eleventh straight month where foreclosure activity was on the rise....
A new bipartisan bill introduced in the US House of Representatives will enable families to put unused college savings toward a down payment. The First-Time Homebuyer Empowerment Act (H.R. 7468) would amend the tax code to allow people to withdraw up to $35,000 in...
The real estate development and investment firm Colonnade BridgePort and the Fiera Real Estate CORE Fund have broken ground on Junction Central, a mixed-use residential community in Ottawa. The new project is located on a 4.9-acre site located next to Ottawa’s...
Hits and Misses for the Real Estate Week of March 23-27
