A new effort is underway in Congress to relocate the headquarters of the FBI from Washington, D.C., to Hunstville, Alabama. The Wall Street Journal reported that House Judiciary Committee Chairman Jim Jordan (R-OH) is planning to attach a provision to the upcoming...
Walker & Dunlop Inc. (NYSE:WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory firm, announced that Howard W. Smith III will retire as president and a member of the board of directors on Jan.1, 2024. Upon his retirement, Smith’s...
An Austin, Texas-based real estate development and investment firm has closed on a $610 million private equity fund to purchase commercial real estate in five U.S. markets. Austin-based Endeavor Real Estate Group, a real estate development and investment firm, has...
A mysterious buyer of parcels near a military base, a call for action against squatters and the HUD leader’s Hawaiian business trip. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: Who is That Phantom Landowner?...
There was more troubling data from the commercial real estate industry: Trepp Inc. reported its CMBS Special Servicing Rate climbed 31 basis points in June to 6.42%, marking the fifth increase in a row and the third largest this year. The rate was at 5.17% six months...
The luxury home building firm Toll Brothers Inc. (NYSE: TOL) has promoted John A. McCullough to president of Toll Brothers Apartment Living, the company’s multifamily division. In his new job, McCullough will be responsible for leading all acquisitions,...
New Data Reports Find Mixed Results in April Home Price Activity
