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Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack

Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack

by Phil Hall | Aug 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

JEMB Realty and Resorts Casino in Atlantic City have begun the design and development process for a mixed-use community on 80 acres adjacent to Monmouth Park Racetrack in Oceanport, New Jersey. The first phase of this project, to be developed in partnership with the...
University of Colorado to Offer New Property Management and Real Estate Program

University of Colorado to Offer New Property Management and Real Estate Program

by Phil Hall | Aug 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The University of Colorado Colorado Springs (UCCS) has partnered with Weidner Apartment Homes, a real estate investment and property management company, and Norwood Development Group to launch a four-year degree property management and real estate program at the...
NAR Seeks Supreme Court Input to Stop DOJ’s Relaunched Probe

NAR Seeks Supreme Court Input to Stop DOJ’s Relaunched Probe

by Phil Hall | Aug 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced in a court filing that it plans to ask to the U.S. Supreme Court to overturn an appeals court ruling that allowed the US Department of Justice (DOJ) to reopen an investigation into the trade organization that was...
District of Columbia in $3.3 Million Settlement with Title Insurance Firms Over Kickback Schemes

District of Columbia in $3.3 Million Settlement with Title Insurance Firms Over Kickback Schemes

by Phil Hall | Aug 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

District of Columbia Attorney General Brian L. Schwalb announced a settlement where Allied Title & Escrow LLC, KVS Title LLC, Modern Settlements LLC, and Union Settlements LLC will pay a combined $3.29 million after his office investigated illegal kickback schemes...
California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants

by Phil Hall | Aug 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The California State Senate voted 23-11 to approve a bill that opens a state program for down payment assistance to illegal immigrants. However, it is unclear whether Gov. Gavin Newsom will sign or veto the bill. AB 1840 would require the California Dream for All...
Atlanta Fed Chief Recommends Waiting on Rate Cuts

Atlanta Fed Chief Recommends Waiting on Rate Cuts

by Phil Hall | Aug 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Bank of Atlanta President Raphael Bostic is seeking to dial down the enthusiasm over a potential rate cut by the central bank next month, arguing there was no rush for such an action. Reuters reported that Bostic used a speech in Atlanta to declare he...
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