Black Knight Inc. (NYSE: BKI) is selling its Optimal Blue business to a subsidiary of the Canadian-based Constellation Software Inc. (TSX: CSU) for $700 million. The structure of the proposed transaction includes a payment by Constellation of $200 million in cash,...
The tumult facing the office property sector is impacting the U.S. government, as a new report from the U.S. Government Accountability Office (GAO) has identified widespread vacancies across federal properties. During the first quarter of this year, the GAO surveyed...
Lennar Corp. (NYSE: LEN, LEN.B) announced that Rick Beckwitt will retire as a co-CEO and co-president and resign as a member of the homebuilder’s board of directors. Beckwitt joined Lennar in March 2006 as executive vice president and became president in 2011 and CEO...
The Howard Hughes Corp. (NYSE: HHC), the Houston-headquartered real estate development and management firm, has created a newly incorporated holding company structure. The Howard Hughes Holding Corp. will become the new parent company and take over as the publicly...
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $2 million in Affordable Housing Program (AHP) grants to a pair of Arizona projects designed to create 142 units of affordable housing for seniors. $1 million was awarded for the new...
An improbable relocation of FBI headquarters, HUD’s misplaced priority on climate and NAR’s too-generous donation to a Montana mayoral race. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: Sweet FBI Home Alabama?...
The $120,000 Wake-Up Call: What Harvard’s New Housing Report Means fo…
