New York City Mayor Zohran Mamdani is reportedly planning to drop his controversial plan to close the $5.4 billion municipal budget deficit by raising property taxes. WNBC is reporting the mayor’s scheduled budget presentation for later today will include other...
Maine’s housing market enjoyed a spring thaw, with 983 home sales in April. That marked a 3.36% increase from the 951 sales recorded one year before. According to the Maine Association of Realtors, the median sales price statewide increased 2.72% to $410,865 from the...
Blackstone (NYSE: BX) announced that its Blackstone Real Estate Debt Strategies (BREDS) subsidiary launched a lending platform for homebuilders that is designed to enable the construction of over 50,000 for-sale homes annually. The new lending platform is supported by...
Guardian, a real estate investment and operating platform focused on multifamily properties, has partnered with PCCP LLC to acquire Ladd Tower, a 23-story residential high-rise in Portland, for $63 million. Built in 2009 and LEED Gold certified, the 322-unit Ladd...
Walgreens revealed the store it is closing on Chicago’s South Side lost more than $1 million last year due to high theft rates and declining prescription sales. Fox 32 Chicago reports executives from the pharmacy chain met with residents to explain their decision to...
Existing home sales during increased squeaked up by 0.2% from March, according to the National Association of Realtors (NAR). There was no change from the volume of sales recorded one year earlier. Month-over-month sales increased in the Midwest and the South, were...
The American Dream of Homeownership Is Not Dead, But We’re Sure Makin…
