The British Columbia Financial Services Authority (BCFSA) issued five consent orders to individuals who committed professional misconduct by engaging in business with an unregistered mortgage broker named Jay Kanth Chaudhary. BFCSA conducted a multi-year investigation...
HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 10-14. Hit: DEI is DOA. Kudos to Housing...
California Insurance Commissioner Ricardo Lara has provisionally approved a request by State Farm for a 22% emergency interim rate increase in homeowners insurance following the vast devastation created by the Los Angeles County wildfires. In a statement, Lara...
A federal grand jury in Kansas City, Kansas, returned an indictment that charges a Nebraska contractor with defrauding customers for failing to construct buildings after being paid. Bobby Bates Sr. of Grand Island, Nebraska, is the owner of Built Rite Construction....
Seattle Mayor Bruce Harrell is proposing a $45 million property tax hike to renew a program that provides public funding to political campaigns. MyNorthwest.com reports the proposed tax would be levied over 10 years for the funding of the Democracy Voucher Program,...
The median apartment rent in Manhattan soared to $4,500 last month, according to data from the Douglas Elliman brokerage. The median rental price for Manhattan was up 6.4% year-over-year, marking a new monthly record in February. Bisnow.com reports last month’s figure...
Hits and Misses for the Real Estate Week of May 11-15
