New York Gov. Kathy Hochul is planning to offer proposals designed to restrict hedge funds and private equity firms from acquiring large numbers of single-family homes across the state. The New York Times reports the governor will put forth her proposals at next...
The Small Business Administration (SBA) is now making low-interest federal disaster loans available to Southern California businesses, homeowners, renters and private nonprofit organizations impacted by the Los Angeles County Wildfires. Disaster loans of up to...
Morgan Properties, a national real estate investment and management company headquartered in Conshohocken, Pennsylvania, expanded into the Kentucky market with the $39 million acquisition of Blankenbaker Crossings, a 236-unit garden-style apartment community in...
Mr. Cooper Group Inc. (NASDAQ: COOP) announced that Mike Rawls, CEO of its real estate marketplace Xome, plans to retire effective June 30. Chris Marshall, former vice chairman and president at Mr. Cooper, will succeed Rawls. In addition to his new role with Xome,...
The national industrial vacancy rate rose by 20 basis points (bps) to 6.7% in the fourth quarter of 2024, according to data from Cushman & Wakefield (NYSE:CWK), which noted the current level is 30 bps below the 10-year, pre-pandemic average. Overall net absorption...
Redfin (NASDAQ: RDFN) laid off 46 employees in a new round of job cuts. The Seattle-headquartered company, which employs more than 4,000 people, confirmed the layoffs in a statement to GeekWire, explaining the impacted employees were “primarily managers in our...
Builders Grow Slightly More Confident in Housing Market
