Current News & Events
Hits and Misses for the Real Estate Week of June 8-12
A new CFPB director is named, New York City nuns address the affordable housing shortage, and Alec Baldwin tries once more to sell his Hamptons estate. Continue Reading Hits and Misses for the Real Estate Week of June 8-12
Opendoor Shuts Down Operations in India
In a post on X, CEO Kaz Nejatian stated the duties handled in India will now be done in the US. Continue Reading Opendoor Shuts Down Operations in India
Prudent Growth Partners Acquires Dallas-Area Retail Center for $7.4 Million
The property is currently 100% occupied and features a diverse mix of food, medical, retail, and service-oriented tenants. Continue Reading Prudent Growth Partners Acquires Dallas-Area Retail Center for $7.4 Million
OpenAI Accuses Chinese-Influenced Operatives of Manipulating US Opinions on Data Centers
The operatives “specified in their prompts that the content should not include China’s leader Xi Jinping in the output and instead include only President Trump.” Continue Reading OpenAI Accuses Chinese-Influenced Operatives of Manipulating US Opinions on Data Centers
University of Florida Plans $1.45 Billion Renovation for Ben Hill Griffin Stadium
The stadium, nicknamed “The Swamp,” opened in 1930 and underwent several improvements over the years, most recently in 2012. Continue Reading University of Florida Plans $1.45 Billion Renovation for Ben Hill Griffin Stadium
HUD Suspends Funding to Los Angeles Homeless Agency, Citing Corruption and Fraud
“Under President Trump’s leadership, HUD will fund results, not corrupt failure or the homeless industrial complex,” said HUD Secretary Scott Turner. Continue Reading HUD Suspends Funding to Los Angeles Homeless Agency, Citing Corruption and Fraud
Waterfront Toronto Seeks Developer Proposals for New Housing on Ookwemin Minising
The first development block is expected to deliver approximately 700 units, with a target of 30% affordable rental units. Continue Reading Waterfront Toronto Seeks Developer Proposals for New Housing on Ookwemin Minising
California Real Estate Investor Arrested for $100 Million Bank Fraud
If convicted, Mahender Makhijani would face a statutory maximum sentence of 30 years in federal prison. Continue Reading California Real Estate Investor Arrested for $100 Million Bank Fraud
Kansas City Mayor Proposes Public Funding to Expand Two-Year-Old Soccer Stadium
The stadium is home to the Kansas City Current of the National Women’s Soccer League. Continue Reading Kansas City Mayor Proposes Public Funding to Expand Two-Year-Old Soccer Stadium
Core AI Holdings Debuts HomeGPT, a Home Design and Renovation Tool
The HomeGPT app is now available for download through the Apple iTunes and Google Play stores. Continue Reading Core AI Holdings Debuts HomeGPT, a Home Design and Renovation Tool
Mortgage Rates Are Back on the Rise
The 30-year fixed-rate mortgage averaged 6.52% as of June 11. Continue Reading Mortgage Rates Are Back on the Rise
Ginnie Mae Issued $54.9 Billion in Mortgage-Backed Securities During May
May’s issuance brings the agency’s MBS portfolio outstanding to $2.95 trillion. Continue Reading Ginnie Mae Issued $54.9 Billion in Mortgage-Backed Securities During May
Recent Posts
Hits and Misses for the Real Estate Week of June 8-12
Opendoor Shuts Down Operations in India
Boxabl Unveils Off-World Habitation Unit for Lunar Living
Former Detroit-Area Home of Longtime UAW President Walter Reuther Listed fo…
Report: Lennar Plans New Community at Site of Demolished Las Vegas Hotel