Current News & Events
Elme Communities Offers Update on Liquidation Process
The company said that it completed the sale of five of its remaining properties this year for aggregate gross proceeds of approximately $252.7 million. Continue Reading Elme Communities Offers Update on Liquidation Process
Hits and Misses for the Real Estate Week of May 4-8
New listings on the rise, New York City’s mayor shoots his mouth off (twice), and the late Ted Turner’s property portfolio. Continue Reading Hits and Misses for the Real Estate Week of May 4-8
Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
The estate provides 570 feet of shoreline along Geist Reservoir with a three-slip boat deck. Continue Reading Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
Peachtree Group Launches Equipment Finance Division
Brian Shaughnessy was named president of the new division. Continue Reading Peachtree Group Launches Equipment Finance Division
Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
“All Californians deserve an affordable place to live — close to jobs, schools, and opportunity,” said Newsom in a statement. Continue Reading Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
The 19-acre property was constructed in the 1960s as an enclosed mall and redeveloped as a mixed-use development in 2008. Continue Reading Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
Report: Calgary Leads Canada with Greatest Property Tax Hike
The report observed that the largest municipality in every province west of Atlantic Canada recorded property tax hikes between the last two national censuses. Continue Reading Report: Calgary Leads Canada with Greatest Property Tax Hike
Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
Corcoran acquired the property in 2015 for $10 million and spent $2 million over the years to renovate it. Continue Reading Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
Report: Saudi Arabia Real Estate Market to Reach $132 Billion by 2033
The government’s Vision 2030 reform agenda is fueling this expansion. Continue Reading Report: Saudi Arabia Real Estate Market to Reach $132 Billion by 2033
Hits and Misses for the Real Estate Week of Oct. 6-10
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. Continue Reading Hits and Misses for the Real Estate Week of Oct. 6-10
Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The median sold price in the Bright MLS Mid-Atlantic region was $419,900 Continue Reading Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
Study: 20% of California Residents Worried About Covering Housing Costs
The survey found 15.6% of adults taking on an additional job or more work at their current job to cover their housing costs. Continue Reading Study: 20% of California Residents Worried About Covering Housing Costs
