Chicago Mayor Brandon Johnson’s proposed $300 million property tax increase to shrink the city’s $1 billion budget deficit is likely to be redirected with new revenues from other taxes and fees. The Chicago Sun-Times reported 22 of the 50-member Chicago City Council...
Nashville-headquartered Healthcare Realty Trust Inc. (NYSE: HR) announced that Todd Meredith will step down as president and CEO and as a member of the board of directors, effective immediately. No reason was given for Meredith’s departure. Board Chairman Knox...
The digital personal finance Achieve announced the expansion of its home equity line of credit (HELOC) program to allow for loan amounts of up to $300,000 and new repayment terms of 20 and 30 years. Achieve’s HELOCs will continue to feature fixed interest rates,...
Fortress Investment Group LLC, a global investment manager, has acquired the UK’s Curzon cinema chain. The company operates 16 cinemas and 46 total screens, along with the film distributor Curzon Film and the Curzon Home Cinema streaming service. The financial terms...
Maxex, an Atlanta-headquartered digital mortgage exchange designed to enable buying and selling residential loans through a single clearinghouse, announced the hiring of Daniel Wallace as chief operating officer. Wallace previously served as CEO of Haven Servicing, a...
As the final quarter of 2024 approaches, real estate agents across the country are reflecting on the year and planning their approach to ensure a successful 2025. It’s no secret that the real estate market has its ebbs and flows, with seasonal trends often influencing...
CMBS Delinquency Rate Dips by Single Basis Point
