A former product manager at the National Association of Realtors (NAR) has filed a federal lawsuit claiming that she was subjected to sexual harassment by her employers. The New York Times reported Roshani Sheth worked was a staff member at the Realtors Information...
Two Quebec real estate brokers had their licenses suspended for two months after being accused of encouraging friends and family members to submit phony bogus offers as part of a scheme to drive up home prices. CTV News reported the regulator for the province’s real...
Maverick Real Estate Partners LLC (“Maverick”), a New York City-based investment manager focused on distressed debt secured by commercial real estate, has closed Maverick Lien Fund VII LP with commitments of $232.4 million from pension funds, endowments, foundations,...
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
Mortgage-rate locks for second homes plummeted by 13.1% year-over-year in August to the lowest level since March 2016 on a seasonally adjusted basis, according to new data by Redfin (NASDAQ: RDFN). In comparison, mortgage-rate locks for primary homes declined 5.2%....
Valet Living, the Tampa-headquartered residential amenities provider to the multifamily housing industry, has promoted Matt Graves to president. Graves has been the company’s chief operating officer since 2022 and will retain that title. He joined Valet Living in 2018...
Hits and Misses for the Real Estate Week of May 11-15
