Texas Gov. Greg Abbott has proposed a “taxpayer empowerment plan” designed to lower property taxes on homeowners. Abbott, who is seeking a fourth term as governor, used his Substack page to present five key points for his plan: Property tax increases must be voted on...
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has hired Mike Morey as executive vice president for capital markets. In his new role, he will lead the firm’s insurance capital markets strategy, focusing on expanding lender...
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
Interra Capital Group announced its acquisition of Greenway Plaza, a 53-acre, approximately 4.5 million-square-foot mixed-use office campus in Houston. The terms of the acquisition were not disclosed by the company. However, the Houston Chronicle reports that instead...
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April...
The National Association of Realtors (NAR) announced it has reached a settlement resolving claims brought by homebuyers in the class-action antitrust lawsuit Tuccori v. At World Properties related to buyer-agent commissions. Under the terms of the settlement, which is...
