Current News & Events
Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation
The property’s eight-year, $4 billion overhaul was five years behind schedule and more than $1 billion over budget. Continue Reading Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation
Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion
“Donald Trump promised to lower costs for Americans ‘On Day One.’” Warren said. Continue Reading Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion
Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
The Asia-Pacific region led the 3D printing construction market in 2023 with a 42% revenue share. Continue Reading Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
New Hotel Planned at NYC’s Rockefeller Center
The 33-story Kimpton Rockefeller Center is set to open in late 2025 on West 48th Street between Fifth and Sixth Avenues. Continue Reading New Hotel Planned at NYC’s Rockefeller Center
Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Medical Properties Trust acquired Steward for $1.25 billion in 2016. Continue Reading Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Fannie Mae and Freddie Mac have been in conservatorship for 16 years. Continue Reading Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
Propy also appointed former Wall Street Journal columnist Michael Casey to its board of directors. Continue Reading Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
The brokers could face fines and the permanent suspension of their licenses. Continue Reading Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
Maverick Real Estate Partners Closes Seventh Flagship Fund
The fund will invest in distressed real estate credit opportunities within New York City. Continue Reading Maverick Real Estate Partners Closes Seventh Flagship Fund
Mortgage Rates Fall to 19-Month Low
The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Fall to 19-Month Low
Demand for Second-Home Mortgages at 8-Year Low
In comparison, mortgage-rate locks for primary homes declined 5.2%. Continue Reading Demand for Second-Home Mortgages at 8-Year Low
Valet Living Promotes Matt Graves to President
Graves has been the company’s chief operating officer since 2022 and will retain that title. Continue Reading Valet Living Promotes Matt Graves to President
Recent Posts
Hits and Misses for the Real Estate Week of June 15-19- New Jersey Real Estate Developer Charged with Bribing City Workers and Sell…
- CAPREIT Hires Harlan B. Krichman as President of Property Management
- MBA Opens Doors Foundation Reports Helping More Than 20,000 Families in 15 …
- FHFA’s Pulte Begins New Intelligence Chief Job One Day Early
