Flacks Group, a Miami-based investment firm, has acquired the 180-room Crowne Plaza North Augusta, an IHG Hotel in Augusta, Georgia. The luxury hotel was built in 2019 and is based along the Savannah River. It is located a short distance from the Augusta National Golf...
President-elect Donald Trump announced his appointment of Scott Turner to become Secretary of Housing and Urban Development (HUD) in his upcoming administration. The 52-year-old Turner is chief visionary officer at JPI, an Irving, Texas-based developer, builder, and...
This week’s Hits and Misses column focuses on the intersection of real estate and politics, with stops in Washington, Ottawa, Sacramento, and Animal Crossing. Hit: Here Comes the DOGE Wrecking Ball. The new Department of Government Efficiency (DOGE) under the...
A new survey from Redfin (NASDAQ: RDFN) has determined that just over one in five (22%) renters are funneling all of their regular income directly into paying their rent. As a result of this hefty paycheck absorption, 20% of renters are working a second job to cover...
Sky Real Estate, an investor focused on commercial properties across multiple sectors, has acquired Osage Beach Outlet Marketplace in Osage Beach, Missouri, from a subsidiary of Simon Property Group Inc. (NYSE: SPG). The 391,000-square-foot shopping center is located...
Truist Financial Corporation (NYSE: TFC) has launched Truist Cares for Western North Carolina, a three-year, $725 million initiative designed to assist the housing, infrastructure and small business efforts in the Western North Carolina communities impacted last month...
Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
