The first standalone Four Seasons branded residences in Florida will be opening in Miami’s Coconut Grove. Four Seasons partnered with the real estate development firms CMC Group and Fort Partners on the Four Seasons Private Residences Coconut Grove. The new 20-story...
The judge who oversaw the Sitzer/Burnett lawsuit has granted preliminary approval to the National Association of Realtors’ (NAR) $418 million settlement. As part of the settlement, NAR will allocate the $418 million into a fund over a four-year period. NAR also agreed...
While 60% of Canadians believe homeownership is a good investment, half of Canadians complained that inflation is eroding their ability to save for a home, according to the 30th annual Homeownership Poll conducted by RBC (NYSE:RY). In an online survey of 2,824...
Tom Barkin is president of the Federal Reserve Bank of Richmond. This article is adapted and edited from a recent speech delivered before Virginia’s Home Building Association of Richmond. Contrary to most forecasts, including my own, the economy finished 2023 strong....
Matterhorn Venture Partners, a Chicago-based boutique commercial real estate investment firm, has opened for business. Founded by industry veterans Scott McKibben and Matt Kay, the new firm focuses on multiple asset classes and transaction sizes involving the...
Higher home prices and elevated mortgage rates did not stop buyers last month as new single‐family houses sales during March were at a seasonally adjusted annual rate of 693,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban...
Hits and Misses for the Real Estate Week of May 11-15
