Homeowners whose properties were destroyed in the Los Angeles County wildfires are suing USAA and two insurance companies affiliated with AAA – CSAA Insurance Exchange and Interinsurance Exchange of the Automobile Club – claiming they intentionally underestimated the...
The National Association of Realtors’ (NAR) Legislative Meetings wrapped up yesterday with the overturn of the organization’s no-commingling policy and a videotape message of support from President Donald Trump. The rescinded policy enabled multiple listing services...
Two months after filing for bankruptcy, Hooters of America is closing more than 30 of its company-owned restaurants across a dozen states. Verdict Food Service reports the company is seeking to address its $376 million with the sale of its corporate-owned restaurants...
Ohio legislators are considering a proposal to allocate $600 million to the construction of a new $3.4 billion stadium for the NFL’s Cleveland Browns. WKYC.com reports State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7...
The board of directors of the National Association of Realtors (NAR) has ratified changes to Standard of Practice 10-5 (SOP 10-5) and Professional Standards Policy Statement 29, which are part of Article 10 of the Code of Ethics. According to NAR, the updated language...
Palette Hotels, a New York City-based hotel management company, has hired Joseph Yi as its chief investment officer. In his new role, Yi will oversee the firm’s investment platform, grow the company’s corporate-owned and third-party asset management portfolio and lead...
Hits and Misses for the Real Estate Week of May 4-8
