Minneapolis’ historic Lumber Exchange building is being sold in a $1 transaction. Twin Cities Business reports the 12-story, 225,569-square-foot property is being acquired by Kristi Oman, owner of Space Unlimited, a Minneapolis real estate company focused on restoring...
Sotheby’s International Realty Canada announced the appointment of Mustafa Abbasi as president. He succeeds Effi Barak, who has served as interim president since April 2025. Abbasi was the founding president and chief operating officer of the Zolo real estate...
Asheville, North Carolina-headquartered Deltec Homes has rolled out its new Backyard Cottages line of affordable accessory dwelling units (ADUs). The collection launches with two models: the Refuge (326 square feet) and the Sanctuary (517 square feet). Both feature...
As the 30-year fixed-rate mortgage fell below 6% for the first time since 2022, Federal Housing Finance Agency Director Bill Pulte has credited President Trump as being the only reason that decline occurred. In a post on his personal X account, Pulte cheered,...
NewDay USA, the West Palm Beach, Florida-headquartered mortgage lender focused on the veteran community, has hired Brian D. Montgomery as vice chairman of the company’s advisory board. Montgomery is the only individual to serve as commissioner of the Federal...
New York City Mayor Zohran Mamdani made a surprise trip to the White House yesterday with the goal of lobbying President Trump into allocating $21 billion federal funds for a massive affordable housing project. The proposed project would build 12,000 affordable...
Hits and Misses for the Real Estate Week of April 6-10
