Russian citizens are on a real estate shopping spree – not in their own country, but in neighboring Lithuania. According to the Lithuanian national broadcaster LRT, Russians have purchased 297 properties in Lithuania during the first half of this year. Most of the...
Manhattan’s office property market broke a record in the second quarter, with a new high of 70 million square feet of available space. According to a data report by Savillis, the availability rate rose by 20 basis points in the second quarter to 19.7%, the highest...
Arlington, Texas-based builder D.R. Horton Inc. has acquired Truland Homes, a privately owned homebuilder focused along the Florida and Alabama Gulf Coast markets, for approximately $100 million in cash. The acquired homebuilding assets of Truland Homes include...
redT Homes, a Denver-headquartered developer of sustainably built homes in Colorado, has hired Vincent Deorio as CEO. Deorio was previously with Atlas Real Estate, where he served as a senior executive overseeing all growth and corporate development, and Mynd, where...
Texas Attorney General Ken Paxton will not testify at his own impeachment trial, which centers on his relationship with real estate developer Nate Paul, a friend and political donor. According to a report in TheHill.com, Paxton’s trial begins Sept. 5 within the Texas...
Steadily, an Austin-headquartered real estate insurance company, today announced it has raised $28.5 million in a Series B funding. According to the company, Steadily serves 18 million individual rental property owners of single-family and small multifamily rentals...
Hits and Misses for the Real Estate Week of Aug. 24-28
