A Florida home for sale has gained an abnormally high level of attention on social media thanks to an unlikely feature: a dungeon-type basement hidden behind an iron-barred door. The Orlando Weekly reported the home at 18785 NW 240th St. in High Springs became a...
One week after it announced a $250 million settlement agreement to resolve concerns raised over real estate agent commissions, HomeServices of America, the real estate brokerage unit of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A), is facing a new class action...
The Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) have published their new Reconsideration of Value (ROV) policies to address concerns raised by potential disparities in residential property appraisals. An ROV is a...
The private equity firm First National Realty Partners (FNRP) has completed its acquisition of Horizon Village, a 113,252-square-foot shopping center in Phoenix. The financial terms of the acquisition were not disclosed. The transaction marks the firm’s entrance...
The Naftali Group, a Manhattan-based developer, is partnering with the investment firm Access Industries on Williamsburg Wharf, a Brooklyn waterfront development consisting of five 22-story residential towers encompassing 850 condominium units. The new development is...
The commercial mortgage-backed securities (CMBS) delinquency rate surged in April by 40 basis points to 5.07%, according to new data from Trepp Inc. This marked the highest delinquency rate level since the 5.35% that was recorded in September 2021. “The increase was...
