Former Federal Reserve Chairman Jerome Powell is back in the news – not because of what he said, but because of what he sold. The Baltimore Business Journal reports Powell unloaded his 2-acre property on Maryland’s affluent Gibson Island last month for $7.2 million in...
Golden Gate University has sold its downtown San Francisco campus for $31.6 million, and the property’s new owner plans to turn the site into skyscraper. SFGate reports Dallas-based Lincoln Property Company acquired the seven-story, 236,800-square-foot campus from the...
Mortgage credit availability became tighter in August, according to data from the Mortgage Bankers Association (MBA). The trade organization’s Mortgage Credit Availability Index (MCAI) dropped by 1% to a reading of 107.3 last month; the index was benchmarked to 100 in...
Sotheby’s International Realty Inc. has acquired two of its most prominent branded franchises, the South Florida-focused One Sotheby’s International Realty and TTR Sotheby’s International Realty serving the Washington, DC metro area. Both franchises will retain their...
Federal Housing Finance Agency Director Bill Pulte announced the opening of VantageScore to all government-sponsored enterprise (GSE) lenders. “Good News for American Homebuyers!” wrote Pulte on his personal X account. “Effective Today, in the interest of...
SL Green Realty Corp. (NYSE: SLG) has announced the sale of 110 Greene Street, a historic office property in Manhattan’s SoHo district, to the real estate development firm Natora Group for $226 million. Informally known as the SoHo Building, the 13-story,...