Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused REIT, announced that its board of directors received an unsolicited proposal to acquire all outstanding shares of the company’s common stock for $10.70 per share in cash....
While the Chicago Bears prepare to exit their hometown after failing to secure a deal for a new stadium in the city, the Chicago White Sox may soon be getting a new local stadium. Crain’s Chicago Business reports that a group led by private equity investor Justin...
Compass Inc., d/b/a Compass International Holdings (NYSE: COMP), announced it is dropping its lawsuit against Zillow Group (NASDAQ: Z, ZG) after the Seattle-based brokerage announce it will drop its ban on home sellers and their real estate representatives for...
Ottawa-headquartered InterRent Real Estate Investment Trust (TSX: IIP.UN) has announced that Chairman and CEO Brad Cutsey is resigning effective March 23. He will also step down as a trustee of the multifamily market-focused REIT. The company said Cutsey’s departure...
The Federal Reserve has opted to hold rates at their current level. The central bank’s policy making Federal Open Market Committee stated it will “maintain the target range for the federal funds rate at 3.5% to 3.75%.” The vote for holding rates was near-unanimous,...
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced that its agents will be able to syndicate “Coming Soon” pre-market listings to the portals Realtor.com, Homes.com, and ComeHome.com (Google Search). The listings will be made available...
Hits and Misses for the Real Estate Week of March 16-20
