Pending home sales during May were up by 1.8% from April and up 1.1% from one year earlier, according to the National Association of Realtors (NAR). All four regions experienced month-over-month increases while contract signings were up year-over-year only in the...
The Department of Justice (DOJ) announced that Greystar Management Services LLC has agreed to pay $1.4 million to settle allegations that it violated the Servicemembers Civil Relief Act (SCRA) by imposing illegal fees on military servicemembers who terminated their...
The global market for wellness real estate was valued at $463.24 billion in 2024 and is projected to reach $944.11 billion by 2030, rising at a compound annual growth rate (CAGR) of 12.60%, according to a new forecast by Research and Markets. North America accounts...
Arlington, Virginia-based Blackfin Real Estate Investors LLC has acquired Sage Creek Apartments, a 120-unit garden-style community in Augusta, Georgia, for $17.3 million. Sage Creek Apartments was built in 2016 and encompasses one- and two-bedroom apartments ranging...
The Canadian real estate developer and contractor Brigil has previewed its Espace Canevas community project, a planned $1.3 billion urban hub in Gatineau, Quebec. Espace Canevas will be based at the site of the former Village Cartier shopping center. The project will...
A Phil Hall Op-Ed: In case you haven’t heard, voters in yesterday’s Democratic Party primary in New York City have overwhelmingly selected a self-described Democratic Socialist to become their next mayor. With roughly 90% of the ballots being counted, Zohran Mamdani...
Hits and Misses for the Real Estate Week of April 27-May 1
