The Empire State’s housing market continued to struggle in June, according to new data from the New York State Association of Realtors. Closed sales totaled 10,186 last month, down 22.2% from the 13,095 sales in June 2022. Pending sales took a 6.2% drop from 12,967 in...
Salt Lake City-based Extra Space Storage Inc. (NYSE: EXR) announced the completion of its acquisition and merger with Life Storage Inc. The $12.7 billion, all-stock transaction creates the nation’s largest storage operator, with more than 3,500 locations,...
The median price of homes sold in Texas in the second quarter was $345,000, a 3.1% decline from the $357,388 price recorded one year ago, according to new data from Texas Realtors. Half of the Texas residential properties sold in the second quarter this year were in...
San Francisco Mayor London Breed has a solution for the glut of empty offices in her city: turn them into classrooms. The San Francisco Business Times reported the mayor has called on the University of California, the San Francisco Unified School District and City...
The University of Notre Dame has appointed Michael C. O’Malley as executive director of its Fitzgerald Institute for Real Estate (FIRE). A 1996 alumnus, O’Malley joins FIRE from Pennybacker Capital, a real estate private equity firm in Austin where he served as a...
Arrival Home Loans, a San Francisco-based bridge loan mortgage company for homeowners, announced the appointment of Simon Chen as its new president and CEO. Prior to joining the company, Chen was managing partner at August Hill, an advisory firm for startups, capital...
The $120,000 Wake-Up Call: What Harvard’s New Housing Report Means fo…
