Charlotte-based real estate developer Peter Pappas is giving $10 million to NC State University, his alma mater, for the creation of a real estate development program. According to Business North Carolina, the new Peter A. Pappas Real Estate Development Program will...
A Tennessee judge has blocked the planned foreclosure auction of Graceland, the former estate of Elvis Presley. The Associated Press reported that Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction, which was slated to...
The U.S. Department of Veterans Affairs announced plans to publish a circular that would address the buyer commission prohibition on VA loans. The circular, which is planned to be issued by June 12, would address the changes to broker commissions enacted by the...
The U.S. Department of Commerce has published the Million Women in Construction Community Pledge, a new initiative to encourage more employment of women in the construction workforce. U.S. Secretary of Commerce Gina Raimondo has called on the construction industry –...
The National Association of Realtors (NAR) is appealing a court ruling that enabled the U.S. Department of Justice (DOJ) to reopen a probe of the organization’s Participation Rule and Clear Cooperation Policy that was resolved in a 2020 settlement. In a filing...
The law firm Latham & Watkins LLP has hired Douglas Heitner as a partner in its real estate practice. Heitner will be based in the firm’s New York City office and will advise clients on real estate transactions including joint ventures, financings, investment...
Hits and Misses for the Real Estate Week of Aug. 10-14
