The New York City-based private-equity firm KKR (NYSE: KKR) has acquired a portfolio of 18 multifamily properties across multiple states for $2.1 billion. The Wall Street Journal reported the acquisition encompasses more than 5,200 apartment units in newly built mid-...
The Florida Realtors Education Foundation Inc. is awarding $242,500 in scholarships to help pay for higher education expenses for 179 young people in the 2024-2025 school year. The foundation, a not-for-profit corporation founded by the state realtor association, said...
MRI Software, a Solon, Ohio-headquartered provider of real estate software solutions, has acquired New York City-based Insurent, a lease guarantor provider for renters, landlords, property owners and real estate brokers. The financial terms of the acquisition were not...
Hyatt Hotels Corporation (NYSE: H) is expanding its brand presence in New Orleans with the addition of two properties to its portfolio of affiliated hotels – the Maison Métier (formerly Maison de la Luz) and The Barnett (formerly Ace Hotel New Orleans). The properties...
The Russian ransomware group LockBit claimed it hacked the Federal Reserve and will release the central bank’s confidential data, although independent confirmation of the alleged attack has not surfaced. According to combined media reports, the group made the claim on...
A new data study is predicting more than three-quarters of brokerages could become unprofitable if the industry fails to transform their operations once the National Association of Realtors’ (NAR) settlement changes how commissions are structured. The study by...
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/