The commercial real estate services and investment company CBRE Group Inc. (NYSE: CBRE) and the hedge fund Citadel LLC have signed significant office leases in historic Manhattan properties. CBRE announced it will establish a global financial headquarters at Lever...
The National Association of Realtors (NAR) has hired longtime real estate industry executive Sherry Chris as an independent consultant and special advisor to CEO Nykia Wright. In a statement, NAR said Chris “will provide strategic counsel on strengthening...
A new data report from Redfin (NASDAQ: RDFN) has determined housing affordability did not worsen in 2024, which marked the first time in four years that homebuyers enjoyed a slight break from accelerating prices. Redfin stated a household making the $83,782 median...
The Appraisal Foundation has partnered with the Farm Credit System to create a Rural Appraisal Practicum Model, a new framework designed to address the challenges facing aspiring rural appraisers. According to the organizations, the initiative will create a...
Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
Michael S. Barr has announced his resignation as Federal Reserve Board Vice Chairman for Supervision, effective Feb. 28. Barr, who served as vice chairman for supervision since July 19, 2022, will continue will to serve as a member of the Federal Reserve Board of...
Former Arizona Shopping Center Site to Become Affordable Housing Complex
