The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center in Elk Grove, California, has sold for $19.1 million. The property encompasses four parcels totaling 4.16 acres. Six pad buildings were constructed in 2005, and the center is shadow...
The Federal Reserve is enacting a 30% staff reduction in its division focused on banking supervision. The job cuts were detailed in an internal memo viewed by The Wall Street Journal – the Federal Reserve has not made any public statement on its layoffs, which would...
The speaker of Florida’s House of Representatives fired back at comments made by Gov. Ron DeSantis over the legislature’s multiple proposals for property tax relief. The Tallahassee Democrat reports House Speaker Daniel Perez, a Republican, took umbrage over DeSantis’...
The real estate development firm Related Companies has been hired to construct a $7 billion data center outside of Detroit for the Stargate project venture between OpenAI and Oracle (NYSE: ORCL). The Wall Street Journal reports Related’s 250-acre campus in Saline...
Anaheim, California-based Carrington Holding Company announced it has acquired Reliance First Capital LLC from Tiptree Inc. Founded in 2008 and headquartered in Melville, New York, Reliance operates a direct-to-consumer mortgage origination platform that serves a...
Realm Global has published a new white paper on how luxury real estate professionals can transition into the new age of artificial intelligence (AI). Titled “Intelligent Luxury: How AI Is Redefining Trust, Taste, and Timeless Value,” the paper is...
