Bill Ackman’s Pershing Square Capital Management is investing $900 million into Howard Hughes Holdings Inc. (NYSE: HHH), enabling it to acquire 9 million newly issued shares of the company. The investment increases Pershing’s stake in Howard Hughes to 46.9% from...
Homa, a new homebuying platform powered by artificial intelligence (AI), has launched today in Florida. Homa eschews human real estate agents and enables buyers to navigate the homebuying process using AI tools trained on state-specific laws and the same coursework...
One of the most popular financial entities for Canadian homeowners has been the Bank of Mom and Dad. According to a new survey by BMO (NYSE: BMO), 43% of Canada’s homeowners said they could not have purchased their home without assistance from family. The survey...
North Dakota Gov. Kelly Armstrong signed a property tax relief bill into law this weekend that is designed to assist North Dakota homeowners while limiting growth in local spending. House Bill 1176, which passed in North Dakota’s House 86-4 and the Senate 46-0 on...
Amazon Inc. (NASDAQ: AMZN) has expanded its New York City real estate portfolio by acquiring a 23-story Manhattan office building. According to combined media reports, the 600,000-square-foot property at the corner of Fifth Avenue and 44th Street was constructed in...
A Hawaii man has pleaded guilty to a federal criminal charge for defrauding a 78-year-old in Orange County, California, out of nearly $2 million in a scheme involving the victim’s home and yacht. John Tamahere McCabe of Kailua, Hawaii, pleaded guilty on Thursday to...
