Federal Housing Finance Agency (FHFA) Director Bill Pulte has opened the door to enable the use of cryptocurrency in the mortgage market. Posting on his X account, Pulte announced, “After significant studying, and in keeping with President Trump’s vision to make the...
A joint venture seeking to bring casino gambling into the heart of New York City has partnered with an unlikely figure – civil rights activist and TV personality Rev. Al Sharpton – on a new effort to encourage low-income households to invest in this endeavor. Caesars...
Apex Commercial Exchange (ACE) has launched its new platform for commercial real estate auctions. According to the New York City-based ACE, the new platform enables brokers and owners to build fully customized asset pages, securely host diligence materials, generate...
A 66-unit multifamily apartment community in the affluent New York City suburb of Greenwich, Connecticut, has been sold for $20.7 million. The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. The sale...
The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...
Another sports team eyeing public funds for a new stadium, property tax relief comes to Texas, and a social media influencer who gave very bad advice. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 16-20. Miss: Who’s...