Hyatt Hotels Corporation (NYSE: H) is partnering with the Spanish tourism firm Grupo Piñero on a joint venture to manage the Bahia Principe-branded hotels and resorts and own the Bahia Principe brand. The joint venture encompasses 23 resorts totaling over 12,000...
Douglas Elliman Inc. (NYSE:DOUG) continued to shake up its executive leadership with the firing of President and CEO Scott Durkin. The company announced Durkin’s departure in a filing with the Securities and Exchange Commission, which tersely announced his employment...
The National Association of Realtors (NAR) is pursuing an indefinite study of its Clear Cooperation Policy, with no deadline on when it would come to a final decision. Real Estate News reported NAR’s MLS Technology and Emerging Issues Advisory Board, which has been...
The Federal Housing Finance Agency (FHFA) announced updates to several appraisal policies related to Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). The government-sponsored enterprises (GSEs) will expand eligibility for appraisal waivers and inspection-based...
Wisconsin recorded 5,817 home sales in September, down 8.7% from the 6,370 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the decline in home sales occurred while the number of available properties increased...
Hits and Misses for the Real Estate Week of May 11-15
