Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
CoStar Group (NASDAQ: CGSP) announced it has filed an amended complaint in its ongoing lawsuit against Zillow (NASDAQ: Z, ZG), alleging the Seattle-based brokerage has continued to commit copyright infringement of its photographs. According to the updated filing,...
Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, has canceled its previously announced merger with UWM Holdings Corporation (NYSE: UWMC) and announced a merger agreement with CrossCountry Mortgage. Under the...
Forewarn LLC, a provider of real-time information solutions for real estate agents, announced a partnership with Las Vegas Realtors that will enable its services to be offered for free to the organization’s roughly 16,000 members. Forewarn’s services are available...
Sen. Bernie Sanders (I-VT) and Rep. Alexandria Ocasio-Cortez (D-NY) have introduced legislation designed to halt construction on AI data centers, claiming they are a threat to democracy and humanity. The Artificial Intelligence (AI) Data Center Moratorium Act would...
The national median mortgage payment during February was $2,061. down $9 from January and down by $144 (6.5%) from one year earlier. According to data from the Mortgage Bankers Association (MBA), last month’s national median mortgage payment for conventional loan...
Hits and Misses for the Real Estate Week of April 27-May 1
