The U.S. Department of Housing and Urban Development (HUD) and the City of Indianapolis signed an agreement to take possession over the Indianapolis Housing Agency (IHA). HUD and the city government said this action was designed to “restore public confidence” in the...
The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...
The median monthly housing payment reached a record high of $2,747 during the four weeks ending April 7, according to new data from Redfin (NASDAQ:RDFN). This marked an 11% year-over-year upswing. Redfin attributed this situation to elevated home prices and mortgage...
Stewart Information Services Corporation (NYSE:STC) announced its acquisition of the All New York Title Agency Inc. Founded in 1995 and headquartered in White Plains, New York, All New York serves affordable housing, supportive housing and senior housing clients...
Vietnamese real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City for her role in her country’s largest financial fraud case ever. According to combined media reports, the 67-year-old Lan was the chairwoman of the real estate company...
John C. Williams is the president and CEO of the Federal Reserve Bank of New York. This article is adapted and edited from a presentation given at the Federal Home Loan Bank of New York 2024 Member Symposium in New York City. How many of you witnessed the solar...