New York City’s Department of Homeless Services has given 150 illegal immigrant families with up to $4,000 each to leave the city’s shelter system and move into permanent housing. According to a Gothamist report, the grants are part of an unpublicized pilot program...
The historic Wainwright Building in downtown St. Louis was sold in a government auction for $8.25 million. According to St. Louis Public Radio, the 234,600-square-foot state office building is one of the nation’s first modern skyscrapers. The 10-story office building...
Peachtree Group, an Atlanta-headquartered investment management firm, has launched a restaurant management division. The new division will be led by Daniel Puglisi, senior vice president of corporate operations for hospitality management, and will focus on operating...
The Mortgage Bankers Association (MBA) announced the appointment of David Menke as director of member relations. In his new role, Menke will manage MBA’s portfolio of residential member companies, overseeing and strengthening member engagement with key leaders and...
The Bank of Canada announced its third rate cut in a row, reducing its key policy rate by 25 basis points to achieve a 4.25% level. “In Canada, the economy grew by 2.1% in the second quarter, led by government spending and business investment,” said the central bank...
A New Jersey real estate agent pleaded guilty for participating in riot that overtook the U.S. Capitol on Jan. 6, 2021. The Asbury Park Press reported 28-year-old Robert Coppotelli admitted to one count of disorderly and disruptive conduct at the Capitol and one count...
Hits and Misses for the Real Estate Week of June 15-19
