The Seattle-headquartered Redfin (NASDAQ:RDFN) has become the latest brokerage to announce a settlement of lawsuits related to claims of inflated broker commissions – in this case, a $9.25 million agreement. The company agreed to the settlement on Friday and disclosed...
American Revitalization Company (ARC), a Nashville-based real estate and business development company committed to preserving historic properties, has named former Tesla (NASDAQ:TSLA) executive Greg White as president of manufacturing operations. In his new role,...
The market for fencing around U.S. residential and commercial properties is projected to grow from $8.8 billion in 2023 to $14.1 billion by 2032, according to a new forecast from DataHorizzon. The anticipated growth will total a compound annual growth rate of 5.3%....
Four congressional lawmakers – Reps. Mark Alford (R-MO), J. Luis Correa (D-CA), Tracey Mann (R-KAN) and Brittany Pettersen (D-CO) – have partnered to launch the Bipartisan Congressional Real Estate Caucus. In launching the caucus, the lawmakers noted that real estate...
Rocket Companies (NYSE: RKT), the Detroit-based parent company of Rocket Mortgage, has hired Shawn Malhotra as its first group chief technology officer. In his new role, Malhotra will oversee the development and implementation of technology across the entire Rocket...
Provo, Utah-headquartered Capital Community Bank (CCBank) has acquired Security Home Mortgage (SHM), based in Orem, Utah. The financial terms of the deal were not disclosed. SMH was founded in 1999 and will become an independently operated subsidiary division of...
Hits and Misses for the Real Estate Week of March 23-27
