Compass Inc. (NYSE: COMP) has announced its acquisition of PorchLight Real Estate Group, a Colorado-based brokerage. Founded in 2005 by Amy Bayer and Carol Bayer, PorchLight serves the Denver and Boulder markets. In 2024 alone, the brokerage closed $922.3 million in...
A class action lawsuit has been filed seeking to stop Ohio’s plan to use public funds to pay for a new stadium for the NFL’s Cleveland Browns. News from the States reports former State Rep. Jeff Crossman (D-OH) is leading the legal team that is challenging the state’s...
Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a 90-day foreclosure moratorium on Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been impacted by the severe...
A Phil Hall Op-Ed: Federal Housing Finance Agency (FHFA) Director Bill Pulte took a break yesterday from his endless and emetic harassment of Federal Reserve Chairman Jerome Powell to make an announcement framed in the manner one associates with news of life-saving...
California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
Russian nationals are taking a new shine to US real estate, generating a 78.5% year-over-year activity spike in this market. According to The Moscow Times’ analysis of Tranio data, the US ranks ninth among Russian real estate investors seeking global properties,...
Hits and Misses for the Real Estate Week of Aug. 24-28
