Current News & Events
Q1 Retail Construction Activity Down Year-Over-Year
CoStar Group noted that current construction volumes are near levels last seen in the early stages of the post-pandemic recovery. Continue Reading Q1 Retail Construction Activity Down Year-Over-Year
Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
The Bears previously rejected the Bronzeville site due to its “very narrow” parameters and the presence of active rail lines. Continue Reading Report: Chicago Mayor Johnson Revives Plan to Keep the Bears from Leaving the City
Jacqueline Waggoner Named Chief Executive at Century Housing
Waggoner was previously president of the Solutions Division at Enterprise Community Partners. Continue Reading Jacqueline Waggoner Named Chief Executive at Century Housing
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
The arena has been at its site since 1968, and the proposal calls for a public plaza to replace the 820,000-square-foot building. Continue Reading Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
Mortgage Rates Surge for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.38% as of March 26. Continue Reading Mortgage Rates Surge for Fourth Straight Week
Report: Most Homes Were Unaffordable During Q1
California’s Los Angeles County was the least affordable market in ATTOM’s report. Continue Reading Report: Most Homes Were Unaffordable During Q1
Fannie Mae to Back New Crypto-Backed Mortgages
The new mortgages will be originated and serviced by Better, with Bitcoin and USDC pledges powered by Coinbase. Continue Reading Fannie Mae to Back New Crypto-Backed Mortgages
FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
The new criminal referrals follow the Trump administration’s failed efforts to secure a mortgage fraud indictment against James. Continue Reading FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
RE/MAX in $8.5 Million Settlement of Batton Lawsuit
The settlement does not require the company to admit liability. Continue Reading RE/MAX in $8.5 Million Settlement of Batton Lawsuit
Better Names Former Fannie Mae CEO Hugh Frater as Director
“He’s exactly the kind of leader you want in the room when you’re rebuilding housing finance,” said Vishal Garg, CEO and founder of Better. Continue Reading Better Names Former Fannie Mae CEO Hugh Frater as Director
Landmark Properties Expands into Senior Housing Sector
Landmark will pursue both ground-up development and acquisition opportunities through partnerships. Continue Reading Landmark Properties Expands into Senior Housing Sector
