NYC Council OKs Bill Shifting Broker Fee Payments from Tenants to Landlords
The New York City Council passed a bill that will change the responsibility for broker fees from the renter tenant to the landlord. According to combined media reports, the legislation dubbed the Fairness in Apartment Rental Expenses (FARE) Act, requires landlords to...
4,000-Unit Net Zero Community Planned for Downtown San Jose
The real estate developer Westbank has teamed with Pacific Gas and Electric Company (PG&E) on a proposed net zero community that will be located in downtown San Jose. The project seeks to will develop three new data centers and upwards of 4,000 residential units....
Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium
The Chicago Bears are still trying to find a location for their proposed domed stadium and are now reportedly taking a second look at a site in Bronzeville, a predominantly Black community in the city. The Chicago Sun-Times cited unnamed sources in reporting the team...
Canada Allocates $9 Million for 1,500 Foreign Construction Professionals
The Canadian government is allocating $9 million to bring 1,500 internationally trained construction professionals into the country. Canada has a significant labor shortage in its construction industry, a problem that is exacerbating the nation’s housing crisis. The...
Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme
Hawaiian residents are being warned against a new wave of real estate investment scams, including one that pretends to include actor Jason Momoa. Hawaii’s Department of Commerce and Consumer Affairs issued a warning that the scams involve letters that are designed to...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
