President-elect Donald Trump announced his decision to nominate New Jersey-based real estate developer Charles Kushner to become the next U.S. ambassador to France. Kushner is the founder of Kushner Companies and is the father of Jared Kushner, Trump’s son-in-law. He...
A trio of real estate professionals in California’s Bay Area were sentenced for their roles in a $55 million mortgage fraud conspiracy case. According to the charges brought against them, Tjoman Butalim of San Francisco was a licensed real estate broker until his...
Vivek Ramaswamy, the tech entrepreneur who teamed with Elon Musk on President-elect Donald Trump’s new Department of Government Efficiency (DOGE), has blasted New York City’s $220 million agreement to use the historic Roosevelt Hotel for $220 million as a processing...
Calgary-headquartered Virtuo announced the beta release of HomieAI, which is promoted as the first generative artificial intelligence (GenAI) app designed to allow homeowners securely communicate with their home. According to the company, HomieAI is securely trained...
A new wrinkle in the NAR settlement, a Trump-hating Airbnb host and an upcoming 24-hour stock exchange. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 25-29. Miss: The Neverending Story? The $418 million settlement by...
Detroit’s Renaissance Center could be reconfigured with the demolition of two of its five towers in a massive redevelopment project that is budgeted at over $1 billion. The Detroit News reports the redevelopment project is being spearheaded by Bedrock Detroit LLC, the...
Hits and Misses for the Real Estate Week of May 11-15
