Wildfires in California and Utah have forced the evacuations of communities in the impacted states. A wildfire that began Sunday in California’s Riverside County destroyed three homes, damaged several others and resulted in evacuation orders for roughly 100 residents....
Home sales in Alabama during June totaled 5,423 transactions, up 4.1% from May for the fifth consecutive month of increases, according to data from the Alabama Association of Realtors (AAR). However, sales were also down by 17.5% from one year earlier. Alabama’s...
Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
Icon Parking, New York City’s largest parking company, has been acquired by a partnering of The Broe Group, a private investment firm, and Hudson Valley Parking Trust. Founded in 1947, Icon Parking is the largest minority-owned parking management, operating and...
A 13th century abbey created by the brother of an English king has been listed for sale at $4.5 million. Burnham Abbey in Taplow, Buckinghamshire, was founded in 1266 as a convent for Augustinian canonesses by Richard, Earl of Cornwall, the brother of King Henry III....
President Joe Biden announced that he is discontinuing his re-election campaign and offered his endorsement of Vice President Kamala Harris to become the Democratic Party’s nominee for president. The 81-year-old Biden added that he would remain as president for the...
Hits and Misses for the Real Estate Week of June 15-19
