The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) has hired Evan Wayne as chief information officer (CIO). In his new job, Wayne will spearhead the execution of all technology initiatives that impact the company’s clients, brokers, capital...
A new report is warning that Vermont needs to create 7,000 new homes each year for the next 25 years to keep up with the demand for housing, for a total goal of 172,000 new units by 2050. “We have got to pick up the pace,” said Commissioner Alex Farrell of...
SL Green Realty Corp. (NYSE: SLG) has signed a 92,663-square-foot expansion lease with IBM (NYSE: IBM) at One Madison Avenue at New York City, increasing the tech giant’s total footprint at the property to 362,092 square feet. The 15-year lease covers the entire...
Christie’s International Real Estate has expanded its presence into the Mexican Caribbean and Yucatan Peninsula through a new agreement with the local brokerage firm Mexico Real Estate Group. The brokerage firm will serve the states of Quintana Roo and Yucatan,...
A federal judge dismissed a woman’s civil lawsuit claiming by three brothers of a prominent real estate industry family, stating she did not meet a filing deadline. The New York Times reports Judge Lewis A. Kaplan of Federal District Court in Manhattan ruled the claim...
Sales of new single-family houses in December were at a seasonally adjusted annual rate of 698,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 3.6% above the revised November rate of 674,000 and is...
Texas Realtor Opens Garage Door and Falls Into a 5-Foot-Deep Hole
