A five-story penthouse unit in a historic Fifth Avenue building sold for $135 million, making it the most expensive residential property sale in New York City this year. Mansion Global reports the 12,500-square-foot unit is one of 22 residences located above the Aman...
ARIA Property Services, a Texas-based real estate firm, has launched a new hiring initiative aimed at attracting experienced wholesale realtors. According to the company, the recruitment drive is part of ARIA’s ongoing expansion strategy within the Lone Star...
Pennsylvania Gov. Josh Shapiro has signed a new bill into law designed to protect home sellers and buyers in residential wholesaling transactions. Senate Bill 1173, which was sponsored by Republican Sens. Pat Stefano and Greg Rothman, requires anyone conducting...
Mortgage application activity dipped in the latest Mortgage Bankers Association (MBA) data tracking the week ending July 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, slipped by a scant 0.2% percent on a seasonally adjusted...
W.P. Carey Inc. (NYSE: WPC), a New York City-based net lease real estate investment trust (REIT), announced that John Park will step down as president effective Sept. 30. Park joined W.P. Carey as an investment analyst in 1987 and was director of strategy and capital...
Connecticut’s capital city of Hartford is leading the country for rent hikes, according to new data from Zillow (NASDAQ:Z, ZG). Rents have grown 7.8% over the past year in Hartford, the greatest annual spike in any major city; the current typical rent in Hartford is...
