Current News & Events
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
Judge David Jones said he was “satisfied” with Summit’s plan to mitigate the more than 6,500 housing code violations in Pinnacle’s portfolio. Continue Reading Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
New York Stock Exchange Develops Tokenized Securities Platform
The platform will support trading of tokenized shares fungible with traditionally issued securities as well as tokens natively issued as digital securities. Continue Reading New York Stock Exchange Develops Tokenized Securities Platform
New Study Details Artificial Intelligence Practices in the Real Estate Sector
The respondents cited document abstraction as the business area with the greatest potential for AI impact. Continue Reading New Study Details Artificial Intelligence Practices in the Real Estate Sector
Survey: Half of Retirees Worry They’ll Outlive Their Savings
Nearly half of retirees said their home is the only thing allowing them to have a comfortable retirement. Continue Reading Survey: Half of Retirees Worry They’ll Outlive Their Savings
Ally Financial to End Mortgage Originations
The digital-only bank’s layoffs will affect less than 5% of its workforce. Continue Reading Ally Financial to End Mortgage Originations
The Mortgage Firm Settles Federal Charges of Redlining
The Mortgage Firm was accused by the DOJ of violating the Fair Housing Act and Equal Credit Opportunity Act. Continue Reading The Mortgage Firm Settles Federal Charges of Redlining
Court Restores Deed Stolen in High Profile North Carolina Case
Dawn Mangum attempted to list Dr. Craig Adams’ home for sale at $4 million. Continue Reading Court Restores Deed Stolen in High Profile North Carolina Case
Report: The Top Market for First-Time Homebuyers Is…
Realtor.com noted all 10 of the top markets have a median listing price well below the national median of $416,880. Continue Reading Report: The Top Market for First-Time Homebuyers Is…
Kimco Realty Acquires Jacksonville Shopping Center for $108 Million
The Markets at Town Center was built in 2008 and is 97% occupied. Continue Reading Kimco Realty Acquires Jacksonville Shopping Center for $108 Million
DOJ Secures Forfeiture of Two Miami Condos for Violations of Russia-Related Sanctions
The DOJ stated the condominiums were maintained, transferred, and leased in violation of the International Emergency Economic Powers Act. Continue Reading DOJ Secures Forfeiture of Two Miami Condos for Violations of Russia-Related Sanctions
Eric W. Price Named President and CEO at NHP Foundation
Price previously served as deputy mayor for planning and economic development in Washington, DC. Continue Reading Eric W. Price Named President and CEO at NHP Foundation
Update: Five Dead, 100,000 Forced to Evacuate from Los Angeles Area Wildfires
Questions of preparedness to fight the wildfires has dogged the authorities. Continue Reading Update: Five Dead, 100,000 Forced to Evacuate from Los Angeles Area Wildfires
