Zillow (NASDAQ: Z, ZG) has announced it is enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing transparency” that bans private listings from its platform. According to the Seattle-headquartered company, the new...
A total of 22,021 homes went under contract in March across the Mid-Atlantic market serviced by Bright MLS, which reflects a 39.5% month-over-month upswing. On a year-over-year basis, pending sales were up 2.8%. There were 24,654 new listings coming onto the market...
Blackstone (NYSE: BX) has acquired a 95% stake in an industrial portfolio developed by Crow Holdings for $718 million. Crow Holdings and its partners will retain 5% ownership. The portfolio consists of 25 Class A buildings totaling 6 million square feet and is...
The Austin division of homebuilder DR Horton (NYSE: DHI) is now pre-selling its newest community, Railhead, in Cedar Creek, Texas. Railhead features one-story floorplans with up to five bedrooms, three bathrooms and three-car garages. Homes range from 1,655 to 2,430...
Terreno Realty Corporation (NYSE:TRNO) has acquired an industrial property in Redmond, Washington, for approximately $9.3 million. The 1.5-acre property consists of one industrial distribution building containing approximately 33,000 square feet with two dock-high and...
SmartRent Inc. (NYSE: SMRT), the Scottsdale, Arizona-headquartered provider of smart communities and smart operations solutions for the rental housing industry, announced the resignation of Shane Paladin as president, CEO and a director. Paladin was named to the...
Hits and Misses for the Real Estate Week of May 11-15
