The CRE Finance Council (CREFC) announced the selection of Toby Cobb as chairman of the CREFC Executive Committee and the board of governors for 2026-2027. Cobb is co-founder and co-managing Partner of 3650 Capital, where he is jointly responsible for loan...
Existing home sales during May increased by 3.2% month-over-month and year-over-year, according to data from the National Association of Realtors (NAR). Month-over-month sales increased in the Northeast, Midwest and South, and were unchanged in the West....
Two men were arrested on charges of money laundering, conspiracy to commit money laundering, and conspiracy to commit theft by deception in a scheme tied to a high-value New Jersey real estate transaction. The investigation into the case began last December when the...
Mortgage credit availability increased slightly in May according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by a scant 0.1% to 108.0 in May; the index was benchmarked to 100 in March...
The Baltimore City Council has voted to advance a property tax relief measure that critics claim will raise taxes for some homeowners. WBFF reports the measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Thus, the plan would...
Canada’s federal government is providing over $112 million in funding for the construction of a new 217-unit multifamily property in Toronto. Located at 389 Cleveland Street, the project is a 15-story residential building with a ground-floor commercial retail unit....
Hits and Misses for the Real Estate Week of June 22-26
