During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
Hoboken, New Jersey-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced the acquisition of a four-building, multi-tenant industrial portfolio in Ontario, California. Built in 2006 by Panattoni Development, the...
Ocean West Capital Partners, a real estate investment, operations, and management platform headquartered in El Segundo, California, announced it has led a UCC foreclosure of 285 Madison Avenue, an office property in New York City. The 26-story, 511,000-square-foot...
There is no action without a reaction. That’s basic physics. This applies to all things, including government. The challenge for lawmakers, and those who enforce those laws, is that those reactions almost always include unintended consequences. These unintended events...
Texas lawmakers have launched a bid for their state to become the new site of NASA’s headquarters. Space News reports the Texas congressional delegation sent a letter to President Trump recommending NASA headquarters be relocated from Washington, DC, to the Johnson...
The former head of an Idaho public housing authority was sentenced to five years of probation for federal program theft after embezzling $129,022.38 from his agency. Bruce Hauber, 72, was employed as the executive director of the federally funded American Falls...