Rents dropped in May for the tenth consecutive month, albeit at a slower pace, according to the latest Realtor.com Rental Report. The median asking rent nationally for 0-2 bedroom units fell by -0.7% ($13) from May 2023 to $1,732. This is only $24 (-1.4%) below its...
LuxUrban Hotels Inc. (NASDAQ: LUXH), a Miami-headquartered hospitality company which leases hotels and rents rooms to business and vacation travelers, has named Robert Arigo as its next CEO. Arigo joined LuxUrban in March as chief operating officer. Prior to his work...
The Long Island estate of Sean Hannity sold for $12.7 million, down from the $13.75 million sought by the Fox News star when it was listed last month. The Wall Street Journal reported the property was acquired by a fan of the political commentator, who has relocated...
Daniel (“Dan”) Thomas Flavin, a prominent Louisiana-based real estate executive who served in his state’s legislature, passed away on June 6 at the age of 67 after a brief illness. Born in Joliet, Illinois, on May 31, 1957, Flavin graduated from McNeese State...
A Phil Hall Op-Ed: For most of the ongoing presidential campaign, the Biden team and its apologists in the legacy media have been berating voters for not appreciating the economy created under the 46th president. Belatedly, the people pushing the strategy realized...
Optimal Blue, the Plano, Texas-based provider of secondary marketing automation and services to the mortgage industry, announced the appointment of Joe Tyrrell as CEO. Tyrrell was previously president of ICE Mortgage Technology, and earlier in his career he served as...
Hits and Misses for the Real Estate Week of May 11-15
