The crossroads of politics and real estate, a new wave of restaurant closings and rats ruling in Chicago. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 21-25. Miss: Getting Data on Migrant Housing. Earlier this week,...
Federal agents raided the Cleveland-area home of Frank Sinito, a real estate developer and one of the nation’s most prominent owners of affordable housing complexes. According to News 5 Cleveland, the raid occurred on Wednesday at 7:00 a.m. The agents were identified...
The New York City Council has voted to create a new licensing program for hotels. Hotel Management Network reports the newly passed Safe Hotels Act will require hotel operators to obtain a two-year operating license for a $350 fee. Hotels must also maintain front desk...
A total of 1,486 homes were sold in Maine during September, up 5.39% from the 1,410 transactions recorded one year earlier. According to data from the Maine Association of Realtors, the state’s median sales price last month was $409,450, up 8.68% from the $376,750...
A Michigan real estate developer was sentenced to one year and a day in prison for bribing a mayor with cash and home renovations in exchange for obtaining tax-foreclosed properties from the mayor’s city. According to court documents, Shady Awad provided Richard...
The Canadian government is recalibrating its immigration policy, citing housing shortages as being among the reasons for its policy shift. The new 2025–2027 Immigration Levels Plan are designed to enact a marginal population decline of 0.2% in both 2025 and 2026...
