The private equity investment firm Intermediate Capital Group (ICG) (OTCMKTS: ICGU) has announced the appointment of Greg Minson as global head of asset management within its real estate business. In his new role, Minson will be based in London and provide global...
A trio of troubling housing market data reports, a new wave of Texas residents and an unlikely KISS tribute. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 15-19. MISS: Going Down the Wrong Road? This week witnessed...
Illinois has become latest state to file a lawsuit against MV Realty, accusing the company of tricking struggling consumers into 40-year brokerage contracts. According to Illinois Attorney General Kwame Raoul’s lawsuit, MV Realty provides “financially distressed”...
The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) announced the $12.8 million the sale of Cape Fear Village, a 183-lot mobile home property located in Fayetteville, North Carolina. Cape Fear Village opened in 2000 and spans 45.8 acres. The...
The U.S. Department of Housing and Urban Development (HUD) announced that Alanna McCargo is resigning as president of the Government National Mortgage Association (Ginnie Mae), effective May 3. McCargo became Ginnie Mae’s 18th president and first female leader...
The median-priced U.S. luxury home sold for a record $1.225 million in the first quarter, up 8.7% from a year earlier, according to new data from Redfin (NASDAQ: RDFN). In comparison, the median price for non-luxury homes rose by 4.6% year-over-year to $345,000, also...
11-Acre Oceanfront Long Island Beach Club to Be Auctioned in Bankruptcy Sal…
Texas and North Carolina Dominate Top Spots in New Ranking of the Best Real…
