President-elect Donald Trump announced his appointment of Scott Turner to become Secretary of Housing and Urban Development (HUD) in his upcoming administration. The 52-year-old Turner is chief visionary officer at JPI, an Irving, Texas-based developer, builder, and...
This week’s Hits and Misses column focuses on the intersection of real estate and politics, with stops in Washington, Ottawa, Sacramento, and Animal Crossing. Hit: Here Comes the DOGE Wrecking Ball. The new Department of Government Efficiency (DOGE) under the...
A new survey from Redfin (NASDAQ: RDFN) has determined that just over one in five (22%) renters are funneling all of their regular income directly into paying their rent. As a result of this hefty paycheck absorption, 20% of renters are working a second job to cover...
Sky Real Estate, an investor focused on commercial properties across multiple sectors, has acquired Osage Beach Outlet Marketplace in Osage Beach, Missouri, from a subsidiary of Simon Property Group Inc. (NYSE: SPG). The 391,000-square-foot shopping center is located...
Truist Financial Corporation (NYSE: TFC) has launched Truist Cares for Western North Carolina, a three-year, $725 million initiative designed to assist the housing, infrastructure and small business efforts in the Western North Carolina communities impacted last month...
The St. Petersburg City Council has changed its mind on providing more than $23 million to repair Tropicana Field, the home of the Tampa Bay Rays, that was damaged during Hurricane Milton last month. The stadium’s translucent fiberglass roof was torn to shreds during...
Hits and Misses for the Real Estate Week of June 15-19
