The Connecticut Supreme Court issued a ruling that it makes it easier for the state’s property owners to offer their homes on short-term rental platforms including AirBnb and VRBO. According to a CT Mirror report, the court’s 5-2 ruling determined that a “residence”...
Comedian Louis CK is listing his estate in Shelter Island, New York, for $9.25 million – 10 years after he acquired the property for $2.44 million. According to a Curbed report, the Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901 and...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 8 basis points to 5.43% in July, with the office sector accounting for almost two-thirds of the newly delinquent loans in July. According to new data from Trepp Inc., the office delinquency...
Badcock Home Furniture & More, a 120-year-old furniture retailer based in Southern states, has begun a “going out of business” sale at all of its 380 stores. The New York Post reported the company’s shuttering follows last week’s bankruptcy filing by its parent...
The private equity firm Blackstone (NYSE:BX) is reportedly in discussions to acquire Retail Opportunity Investments Corp (NASDAQ: ROIC), a real estate investment trust (REIT) focused on retail properties in the Western states. According to a Reuters report sourced...
Colibri Real Estate, a St. Louis-headquartered provider of real estate education, has announced the schedule for upcoming virtual career expos where real estate agents can connect with brokers who are hiring. Both expos will take place virtually and there is no cost...
Hits and Misses for the Real Estate Week of May 4-8
