The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...
Anywhere Real Estate Inc. (NYSE: HOUS) has appointed Barri Rafferty as chief communications officer and head of public affairs. In her new job, Rafferty will lead the company’s public relations, communications, government relations, and events and productions...
President Donald Trump called on Congress puts pressure on the “very dumb, hardheaded” Federal Reserve Chair Jerome Powell during the central bank’s appearance today before the House Financial Services Committee and tomorrow before the Senate Banking Committee....
Florida recorded 24,756 closed sales of existing single-family homes in May, down 5.7% year-over-year, while existing condo-townhouse sales totaled 8,345, down 19.9% over the same period. According to data from Florida Realtors, these declines occurred despite an...
Closed home sales in New York State totaled 7,846 during May, a 10.9% decline from the 8,807 sales recorded in May 2024. According to data from the New York State Association of Realtors, pending sales dropped to 10,279 units last month from 10,421 homes one year...
Federal Reserve Vice Chairperson for Supervision Michelle Bowman has become the second leader within the central bank to declare a rate cut could be imminent. Speaking at a banking conference in Prague, Czech Republic, Bowman stated, “If inflation remains near its...
Hits and Misses for the Real Estate Week of June 22-26
