Newmark Group Inc. (NASDAQ: NMRK) has hired Philip O’Bannon as senior managing director to lead its infrastructure capital markets business. In this role, O’Bannon will be responsible for expanding Newmark’s advisory and capital raising capabilities...
Existing home sales during March were down by 3.6% from February to a seasonally adjusted annual rate of 3.98 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales were down by 1%. Month-over-month sales...
A Phil Hall Op-Ed: I know that I am rather late to the digital party, but I recently began playing around with ChatGPT and I find it to be an amusing distraction when I have a few minutes to kill and no intelligent solution for using that free time. I am extremely...
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Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP).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...
Hits and Misses for the Real Estate Week of April 27-May 1
