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
Caliber Promotes Ignacio Martinez to Chief Operating Officer
Martinez takes over the role previously held by Jennifer Schrader, Caliber’s co-founder and president. Continue Reading Caliber Promotes Ignacio Martinez to Chief Operating Officer
Hits and Misses for the Real Estate Week of March 25-29
In the spotlight: The story behind the Sitzer/Burnett case, squatters getting the boot in Florida and an iconic hotel’s demise. Continue Reading Hits and Misses for the Real Estate Week of March 25-29
Virginia Home Sales Up Amid Spike in New Listings
Last month saw 1,400 more new listings compared to one year earlier, a 16.7% upswing. Continue Reading Virginia Home Sales Up Amid Spike in New Listings
Biden to Change Rent Increase Cap on Some Affordable Housing Units
Properties that receive Low-Income Housing Tax Credit funding will be capped at 10%. Continue Reading Biden to Change Rent Increase Cap on Some Affordable Housing Units
Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Redfin also reported more than one-third of purchases from February were all-cash transactions. Continue Reading Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Alamo Drafthouse Cinema Chain Reportedly Up for Sale
The Alamo Drafthouse Cinema chain is reportedly available for sale. According to a report by the entertainment news outlet Deadline culled from unnamed sources, there is no asking price floated for the chain, which spans 41 locations across 13 states. Unlike other...
Brooklyn’s Tallest Building Going to Public Foreclosure Auction
The 93-story residential Brooklyn Tower was completed last year by JDS Development. Continue Reading Brooklyn’s Tallest Building Going to Public Foreclosure Auction
Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
The house was added to the National Register of Historic Places on Jan. 3, 1978. Continue Reading Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
The combined portfolio comprises 48 properties within infill submarkets in Los Angeles and Orange counties. Continue Reading Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
Publisher’s View: How the NAR Settlement is a Step Towards Ethical Real Estate Practices
Publisher's View: In a recent publication by the National Association of Realtors (NAR) titled "The Truth About the NAR Settlement Agreement," significant strides toward transparency and ethical conduct within the real estate industry are illuminated. This...
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