Current News & Events
SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
The building last changed hands in 2014 when it was purchased by Blackstone Group for $750 million. Continue Reading SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower
Kristina K. Williams to Step Down as CEO at FHLB Des Moines
Williams has served in this position since January 2020. Continue Reading Kristina K. Williams to Step Down as CEO at FHLB Des Moines
New Rule Forces Texas Politicians to Disclose Property Ownership Activities
Politicians could face fines or criminal charges if they fail to make full disclosures. Continue Reading New Rule Forces Texas Politicians to Disclose Property Ownership Activities
European, Swiss and Canadian Central Banks Cut Rates
The European Central Bank, Swiss National Bank and Bank of Canada each reduced rates. Continue Reading European, Swiss and Canadian Central Banks Cut Rates
Asking Rents Fall to Lowest Level Since March 2022
Sun Belt markets saw the most significant declines in median rents, led by Austin (-12.4%), Tampa (-11.3%) and Raleigh (-8.4%). Continue Reading Asking Rents Fall to Lowest Level Since March 2022
Study: Most Americans Want to Age in Their Current Homes
The majority of Americans ages 50 and older want to remain in their current homes as they age, but nearly half expect to relocate due to rising housing costs, according to AARP's 2024 Home and Community Preferences Survey. The new survey polled 3,090 adults from June...
William Raveis Acquires Nantucket Brokerage
The brokerage was founded in 1992 as Lucille Jordan Associates. Continue Reading William Raveis Acquires Nantucket Brokerage
HUD Awards $400,000 Grant to West Virginia University for Housing Construction Research
HUD said the project is designed to improve construction efficiency, ease of assembly, and sustainability. Continue Reading HUD Awards $400,000 Grant to West Virginia University for Housing Construction Research
The Alexander Brothers, Top Real Estate Brokers, Arrested in Miami
The brothers have denied the charges leveled against them. Continue Reading The Alexander Brothers, Top Real Estate Brokers, Arrested in Miami
Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago
Musk is reportedly considering the purchase of a penthouse in The Bristol, a luxury building in Palm Beach. Continue Reading Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago
Albertsons Ends Merger Deal and Sues Kroger
The initial agreement included the offloading of 413 locations to C&S Wholesale Grocers LLC. Continue Reading Albertsons Ends Merger Deal and Sues Kroger
Refinance Surge Drives Up Mortgage Applications
The Refinance Index enjoyed a 27% bump-up from the previous week and was 42% higher than the same week one year ago. Continue Reading Refinance Surge Drives Up Mortgage Applications
