A potential new life for a long-shuttered 100-year-old theater, federal workplaces that truly make employees ill, and Jerome Powell puts his foot on the economic brake. From the wild and wooly world of real estate, here are the hits and misses for this week. Hit and...
Closed home sales across New York took an 18.8% year-over-year tumble last month, according to data from the New York State Association of Realtors (NYSAR). The 13,922 in sales during August 2022 far outpaced the 11,310 recorded last month. New listings were also down...
The Canadian government is providing $107.5 million in low-interest loans through the Rental Construction Financing Initiative (RCFi) to build a 215-unit multifamily complex in Vancouver. The project is known as W42 and the government’s funding is part of a federal...
Wells Fargo & Co. (NYSE: WFC) announced Thomas R. Nides will join the company in October as vice chairman, reporting to CEO Charlie Scharf and joining the San Francisco-headquartered company’s operating committee. In his new role, Nides will advise Wells Fargo...
Teachers Federal Credit Union, one of the nation’s largest credit unions with $9.7 billion assets and more than 460,000 members in all 50 states, has begun offering VA loans for active-duty military, veterans, and surviving spouses. “It is our honor to serve...
Cecilian Partners, a proptech firm providing end-to-end digital solutions for home builders and land developers, announced that it has raised $11 million in its first institutional equity round led by Resolve Growth Partners. Cecilian said it planned to use the Series...
Hits and Misses for the Real Estate Week of June 29-July 3
