At the Richmond Fed, we serve Virginia but also the District of Columbia, Maryland, West Virginia and the Carolinas. We are constantly on the ground working to better understand the economy. Just last year we had over 1,700 community engagements. These meetings take...
The Tunnel to Towers Foundation has launched its fifth annual Season of Hope campaign, with the goal of delivering 40 mortgage-free homes to eligible recipients by Christmas Eve. This year’s Season of Hope began with the foundation’s pledge to pay off the mortgage on...
Toronto-based Nexus Industrial REIT (TSX: NXR.UN) has named Mike Rawle chief financial officer (CFO), effective Jan. 8, 2024. He succeeds Robert Chiasson, who is stepping down from his role as CFO to pursue other opportunities. Rawle has over 20 years of progressive...
Renaissance Hotels, part of Marriott Bonvoy’s global portfolio of over 30 hotel brands, has announced its fifth New York City property with the opening of the Renaissance New York Harlem Hotel. The new hotel is the brand’s first in the celebrated Manhattan...
Florida recorded 19,729 closed sales of existing single-family homes statewide last month, a 5.3% year-over-year decline, according to data from Florida Realtors, while existing condo-townhouse sales totaled 8,115, down 2.9% over October 2022. Last month, Florida’s...
The Empire State experienced another rocky month of real estate transactions, according to new data from the New York State Association of Realtors (NYSAR). The year-over-year activity for closed sales across the state were down for the 26th consecutive month,...
The $120,000 Wake-Up Call: What Harvard’s New Housing Report Means fo…
