Current News & Events
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
O’Bannon joins Newmark from Citigroup, where he spent seven years in the power and utilities investment banking group. Continue Reading Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
Existing Home Sales Down During March
The median existing home sales price of $408,800 marked a 1.4% increase from March 2025. Continue Reading Existing Home Sales Down During March
Mortgage Applications for New Home Purchases Down in May
The average loan size for new homes increased from $376,992 in April to $379,209 in May. Continue Reading Mortgage Applications for New Home Purchases Down in May
Canadian Housing Starts Mostly Flat in May
Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Continue Reading Canadian Housing Starts Mostly Flat in May
Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
Devin Triche ran the Triche Team and partnered with Keller Williams Realty in Baton Rouge. Continue Reading Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Drillman pleaded guilty in December 2023 to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
His most recent effort to lure investor money came on April 25, when he used a Substack posting to solicit input from people seeking to improve their credit scores. Continue Reading Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
“Brokers who facilitate private marketplaces are likely to find themselves on the wrong side of history,” said Damian Eales. Continue Reading Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
Racing has taken place at Freehold since the 1830s. while organized racing began in 1854 with an annual fair featuring harness racing. Continue Reading New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
Trump Organization Expands Into Mobile Phone Sector
The mobile phone plan will start at $47.45 a month, a reference to Trump serving as the 45th and 47th president. Continue Reading Trump Organization Expands Into Mobile Phone Sector
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