Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 2-6. Hit: A...
Sen. Elizabeth Warren (D-MA) has taken aim at the Trump administration for failing to question Rocket Companies’ (NYSE: RKT) recent acquisition announcements and for seeking to privatize Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). Reuters reports Warren...
A New Jersey man pleaded guilty to tax evasion that involved him buying property with the funds meant for the IRS. According to the charges brought against him, Matthew Tucci of West Long Branch, New Jersey, filed tax returns that stated he owed more than $2 million...
The National Association of Mortgage Brokers (NAMB) has announced the appointment of Ginger Bell as its growth officer. Bell is the founder and CEO of Go2Training, a company the provides customized training solutions to mortgage companies, lenders, and industry...
The new owner of Philadelphia’s historic Wanamaker Building is planning an office-to-residential conversion that will bring 600 loft-style apartments to the property’s top six floors. According to combined media reports, New York City-based developer TF Cornerstone...
The Las Vegas area recorded a total of 2,646 sales for homes, condos and townhomes sold in May, according to data from Las Vegas Realtors. In a year-over-year measurement, sales fell by 13.1% for homes and by 19% for condos and townhomes. While sales were down last...