The private equity executive Bill Pulte is reportedly being considered to become the next Secretary of the Department of Housing and Urban Development (HUD). Pulte is the CEO of Pulte Capital Partners and has gained prominence for his philanthropic endeavors on X...
Detroit-based Rocket Companies (NYSE: RKT) recorded a $481 million loss in the third quarter on $647 million in total revenue. The company’s dismal third quarter performance followed a mild $178 million profit in the second quarter, when the company’s total revenue...
The New York City townhouse that has been the home of the Friars Club, a legendary private club for the entertainment industry elite, is scheduled to go a foreclosure auction on Nov. 26. The New York Post reported the five-story, 14,541-square-foot, English...
Rafferty Holdings, a New York City-based private investment firm focused on asset management and fintech, announced the appointment of Michael Daly to launch its new investment strategy Rafferty Real Estate. In his new role, Daly will be responsible for designing the...
President-elect Donald Trump announced the appointment of Florida real estate developer Steve Witkoff as his special envoy for the Middle East. Witkoff is the chairman CEO of The Witkoff Group, which he founded in 1997. According to his company’s website, Witkoff led...
A new data study has determined the commission rates that real estate agents charge to buyers and sellers has held steady since the National Association of Realtors (NAR) settlement went into effect in August. According to data from AccountTECH, the average commission...
CMBS Delinquency Rate Dips by Single Basis Point
