Massachusetts Gov. Maura Healey is proposing a new “mansion tax” strategy to fund the state’s affordable housing endeavors. According to combined media reports, Healey’s recently proposed $4 billion housing bond bill would enable cities to enact a transfer fee ranging...
Jeffrey Jackson, president of California’s Orange County Association of Realtors, passed away on May 1 at the age of 65 following a bout with cancer. Jackson was a senior risk manager at Realty One Group who was elected last July to a one-year term as the...
Nevada’s gambling mecca recorded the sales of 2,960 existing local homes, condominiums and townhomes in April, according to new data from Las Vegas Realtors. Compared to one year ago, this represents an increase of 19.2% for homes and 16.1% for condos and...
The proposed settlements involving three major real estate brokerages accused of improper commission practices in the Sitzer/Burnett lawsuit are facing a challenge from plaintiffs in another lawsuit. The plaintiffs in the Batton 1 lawsuit filed a motion for a...
The Milwaukee-headquartered real estate investment firm F Street has launched VAM Fund 1 LLC, a platform focusing on the purchase, renovation and re-leasing of distressed multifamily properties. The fund is initially concentrating on the acquisition of a portfolio of...
New England Patriots owner Robert Kraft sold his apartment in New York City’s landmark Plaza hotel for $22.5 million in an off-market deal. The Wall Street Journal reported Kraft bought the residence in 2007 for $14.47 million, during the time when the hotel began to...
Hits and Misses for the Real Estate Week of June 8-12
