The telecommunications company BT Group has announced the sale of its London landmark BT Tower to MCR Hotels for $346 million, with the new owner planning to transform the structure into a hotel. Located in the Fitzrovia district of Central London, the 620-foot-tall...
New York Attorney General Letitia James has threatened to seize the commercial real estate assets of former President Donald Trump if he fails to pay the fines levied against him in his civil fraud trial. James, a Democrat, told ABC News she is prepared to take...
The U.S. Department of Housing and Urban Development (HUD) announced $115 million in grant funding will be made available to support the development and improvement of affordable rental housing for low-income seniors. The funds are being provided under HUD’s Section...
The level of mortgage application activity plummeted in the latest data report from the Mortgage Bankers Association (MBA). For the week ending Feb. 16, the MBA’s Market Composite Index dropped by 10.6% on a seasonally adjusted basis from one week earlier; the...
Reston, Virginia-based Ardley Technologies Inc. has launched Autopilot, a white-labeled automatic underwriting engine designed to allow lenders to create instant, conditional loan approvals for qualified borrowers. According to the company, Autopilot is now available...
North Carolina Regional MLS (NCRMLS) has teamed with Ask the Agent (ATA), a video communications software company, in an endeavor that brings interactive video software platform to NCRMLS’ real estate professionals. According to the companies, the new...
