Current News & Events
Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.97 Trillion in June
Year to date, Ginnie Mae facilitated the pooling and securitization of 339,562 first-time homebuyer loans. Continue Reading Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.97 Trillion in June
Mamdani Proposes Turning NYPD Parking Lot into Affordable Housing Project
The parking lot in Manhattan’s East Village is the first city-owned site designated for housing development by the Democratic Socialist mayor. Continue Reading Mamdani Proposes Turning NYPD Parking Lot into Affordable Housing Project
Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million
The residence was expanded in 1841, restored in 1979, and had a new wing added in 2003. Continue Reading Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million
Chicago Leaders Preparing for Post-Bears Chapter at Soldier Field
According to Chicago Park District data, the Bears only generate less than 20% of the revenue at the stadium. Continue Reading Chicago Leaders Preparing for Post-Bears Chapter at Soldier Field
Report: 44% More Home Sellers Than Buyers
Redfin defines a market with over 10% more sellers than buyers as a buyer’s market. Continue Reading Report: 44% More Home Sellers Than Buyers
Stanley Martin Homes Acquires United Homes Group for $221 Million
United Homes focuses on creating attainable single-family homes across high-growth markets in the Southeast. Continue Reading Stanley Martin Homes Acquires United Homes Group for $221 Million
South Dakota Senate Rejects Property Tax Exemption Increase for Disabled Veterans
Opponents of the bill argued it unfairly shifted the property tax burden onto other homeowners without addressing the problems in the state’s property tax system. Continue Reading South Dakota Senate Rejects Property Tax Exemption Increase for Disabled Veterans
Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium
Following the closing of the transaction, Veris’ common stock will no longer be listed on the NYSE. Continue Reading Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium
ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City
“You’re going to let Indiana profit off your team?” Smith asked. Continue Reading ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City
US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
The Roosevelt opened in 1924 and has more than 1,000 rooms. Continue Reading US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center
Boston Approves New Seaport District Hotel Across from Menino Center
The new hotel will join the existing Aloft and Element Boston Seaport hotels as the newest component of a 968-key hotel and retail campus. Continue Reading Boston Approves New Seaport District Hotel Across from Menino Center
Hits and Misses for the Real Estate Week of Feb. 16-20
A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. Continue Reading Hits and Misses for the Real Estate Week of Feb. 16-20













