Current News & Events
Beachwold Residential Acquires Connecticut Multifamily Complex for $78 Million
The complex was roughly 85% occupied at the time of the sale. Continue Reading Beachwold Residential Acquires Connecticut Multifamily Complex for $78 Million
California State Parks Sues Alarm Company Over Bidwell Mansion Fire
The department is seeking $38 million in damages. Continue Reading California State Parks Sues Alarm Company Over Bidwell Mansion Fire
Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
“This fund is about capitalizing on dislocation, not chaos,” said CEO Greg Friedman. Continue Reading Peachtree Group Debuts $250 Million Special Situations Fund Focused on Hotel Market Dislocation
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
RE/MAX: Home Sales Up for Fifth Straight Month
June’s median sales price of $440,000 was a 2/8% increase from the prior month. Continue Reading RE/MAX: Home Sales Up for Fifth Straight Month
Q2 Home Sales in Texas Up 1.4%
The statewide median price was $340,000, down 1.4% from the same quarter last year. Continue Reading Q2 Home Sales in Texas Up 1.4%
New Legislation Seeks to Address Systemic Bias in Home Appraisals
Six Democratic senators cosponsored the bill. Continue Reading New Legislation Seeks to Address Systemic Bias in Home Appraisals
Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
“This isn’t just about one deal,” said Cox. Continue Reading Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor
New Bipartisan Bill Seeks Government Support for ADU Construction
The lawmakers stated the construction of new ADUs is needed to address the national housing shortage. Continue Reading New Bipartisan Bill Seeks Government Support for ADU Construction
Single-Family Housing Starts and Permits Down in June
Privately-owned housing were at a seasonally adjusted annual rate of 1.321 million, which is 4.6% above the revised May estimate of 1.26 million. Continue Reading Single-Family Housing Starts and Permits Down in June
Florida Congresswoman Asks DOJ to Investigate Fed’s Powell for Perjury
Rep. Luna, a two-term representative, offered no evidence that backed her perjury accusation. Continue Reading Florida Congresswoman Asks DOJ to Investigate Fed’s Powell for Perjury
Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
Singa Bui was charged with 24 counts of fraud over $5,000, 17 counts of criminal breach of trust and one count of possession of proceeds of crime over $5,000. Continue Reading Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
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