An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores. From the wild and wooly world of real estate, here are the Hits and Misses for the week of March 11-15. Miss: NAR’s White Flag. The National Association of Realtors...
JLL Income Property Trust (NASDAQ: ZIPTAX, ZIPTMX, ZIPIAX, ZIPIMX), announced its acquisition of Creekview Crossing, a class-A 183-unit apartment community in the suburban Portland market of Sherwood, Oregon. The purchase price was approximately $61 million and...
Arrive Home, a Salt Lake City-based down payment assistance provider and operational entity for multiple governmental agencies, announced the appointment of Mark Tribuna as chief operations officer. Tribuna, who was previously chairman and CEO of Nation One Mortgage...
Landmarks Illinois, a historic preservation-focused nonprofit organization, has awarded grants totaling $7,000 through the Timuel D. Black Jr. Grant Fund for Chicago’s South Side to preserve three historic sites. The Bronzeville Trail Task Force in the city’s...
Russians and Iranians were the leading foreign nationals buying residential property in Turkey in February, according to the Turkish Statistical Institute (TÜİK). IranIntl.com reported that Russians accounted for 395 of all Turkish home sales last month, with Iranians...
The National Association of Realtors (NAR) has agreed to a $418 million settlement that will resolve a series of lawsuits that challenged its rules on real estate broker commissions. The New York Times reported that it obtained a copy of the settlement, which will be...