The Mortgage Bankers Association (MBA) is partnering with the Pension Real Estate Association (PREA) Foundation in an endeavor to encourage college students to consider careers in the commercial real estate finance industry. The partnership will highlight MBA’s and...
Russ Vought, the new acting director of the Consumer Financial Protection Bureau (CFPB), has informed the Federal Reserve it will not be requesting funds to finance its operations for Fiscal Year 2025 while informing the agency’s workforce that its headquarters will...
Elon Musk announced the Department of Government Efficiency (DOGE) identified an unauthorized $59 million allocation by the Federal Emergency Management Agency (FEMA) for the lodging of migrants in New York City hotels. “The @DOGE team just discovered that FEMA sent...
The newly sworn-in Secretary of Housing and Urban Development (HUD) Scott Turner issued an order directing his department to halt any pending or future enforcement actions related to the 2016 rule entitled “Equal Access in Accordance with an Individual’s Gender...
Rocket Companies (NYSE: RKT) tapped into yesterday’s Super Bowl LIX broadcast to debut its “Own the Dream” integrated marketing campaign. The Detroit-headquartered company premiered the campaign with a 60-second commercial during the game’s second quarter. Using the...
Hyatt Hotels Corporation (NYSE: H) is acquiring all outstanding shares of Playa Hotels & Resorts NV (NASDAQ: PLYA) for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash. Playa is the owner and operator of...
Hits and Misses for the Real Estate Week of May 11-15
