Two Mid-Atlantic real estate brokerages, The Kat Geralis Home Team (KGHT) of Wilmington, Delaware, and The Redux Group of Fairfax, Virginia, have announced a strategic merger. According to the companies, the newly combined brokerages represent more than $1.5 billion...
Savanna, a New York City-based real estate investment manager, owner/operator and developer, has acquired 799 Broadway, a Class-A office building in the Greenwich Village section of Manhattan, for a $255 million. The property was acquired at a discounted price from...
Holly Pond Plaza, a 73,060-square-foot outpatient medical building in Stamford, Connecticut, was sold for $19.1 million. Built in 1981, the four-floor property is 100% leased to three medical tenants, with Summit Health (Walgreens Boots Alliance) occupying roughly...
California home sales were up in October after two straight months of declines, registering the fastest year-over-year sales pace in 40 months. According to data from the California Association of Realtors (CAR), closed escrow sales of existing, single-family detached...
The Office of Minnesota Attorney General Keith Ellison announced a $3.5 million settlement with Edina Realty Inc. to resolve a probe into the secret payments the brokerage received from Home Security of America Inc. (HSA) in exchange for promoting HSA’s home...
A village on the Italian island of Sardinia is seeking to lure Americans unhappy with this month’s election results by offering homes prices as low as $1. CNN reports the village Ollolai (population 1,300) has created a website for potential expatriates who are...
Hits and Misses for the Real Estate Week of June 15-19
