Shopoff Realty Investments announced its sale of a 9.25-acre former parking lot in Sacramento to Beazer Homes for $9.8 million. Located in the Midtown submarket of the California capital, the property was once a parking lot for the Sacramento Bee newspaper’s...
A New Jersey judge rejected a request from 26 towns for an injunction to halt the state’s affordable housing development process while their lawsuit challenging the state requirements is decided. The towns sued in October to void a state law the created guidelines for...
North Carolina’s newly-sworn-in Gov. Josh Stein signed an executive order that will enable the state to expedite the purchase up to 1,000 temporary housing units for Hurricane Helene victims. WUNC reported the executive order was Stein’s first official act as...
Students at a college in Florida will have the chance to learn construction skills that will be used to address a local housing shortage. WTXL.com reports Gadsden Technical College (GTC) in Quincy, Florida, has partnered with Jones Construction in a program where...
Hedge fund executive Bill Ackman is predicting the government-sponsored enterprises (GSEs) Freddie Mac (OTCQB; FMCC) and Fannie Mae (OTCQB: FNMA) will be privatized during the upcoming Trump administration. The GSEs have been in federal conservatorship since September...
Hits and Misses for the Real Estate Week of June 15-19
