Builder confidence in the market for newly built single-family homes inched up by three points to 37 in December, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This uptick ends a four-month decline for...
A New York City man pleaded guilty for his role in a conspiracy to fraudulently acquire multifamily and commercial properties. Boruch “Barry” Drillman was accused of conspiring with at least four others to deceive lenders into issuing $165 million in multifamily and...
The self storage industry is being impacted by the problems shaping the housing market, according to the latest Self Storage National Report from Yardi Matrix. The average annualized same-store asking rate per square foot for combined unit sizes and types averaged...
The Montreal brokerage Royal LePage du Quartier announced the addition of Royal LePage Alliance to its network of brokers. Royal LePage Alliance is owned by Tom Poulis and Spiro Bakopanos and has been part of the Montreal real estate market for over 20 years. The...
The Federal Reserve’s mixed messaging, a music icon’s embrace of commercial real estate and a new record level of homelessness. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 11-15. Hit: Keeping a Finger on the Pause...
When luxury homes are listed and fail to attract buyers, many sellers will cut the price. However, British music icon Rod Stewart is taking a different approach on his Los Angeles-area estate. According to Mansion Global, Stewart listed his 33,000-square-foot mansion...
