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
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...
Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
The company now has a 33.8% office vacancy rate, which it attributed to slow growth and layoffs Continue Reading Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
Fraudster Sentenced in Brooklyn Real Estate Scam
Regine Norman was also ordered to pay restitution totaling $842,000. Continue Reading Fraudster Sentenced in Brooklyn Real Estate Scam
Mortgage Rates Drop Slightly
The 30-year fixed-rate mortgage averaged 6.79%, down from last week when it averaged 6.87%. Continue Reading Mortgage Rates Drop Slightly
North Las Vegas Repurchases Land from Abandoned Medical Property Development
spokesperson for the city said the developer did not provide a reason why the construction never happened. Continue Reading North Las Vegas Repurchases Land from Abandoned Medical Property Development
DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
“The squatter scam ends today,” said the governor. Continue Reading DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
The groups said a confirmation “will sustain the current flow of mortgage capital to home buyers without change or delay.” Continue Reading NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
Pending Home Sales Up in February
NAR’s Pending Home Sales Index increased to 75.6 in February. Continue Reading Pending Home Sales Up in February
Home Depot Acquires Roofing and Building Supply Firm SRS Distribution
The Home Depot (NYSE:HD) is acquiring SRS Distribution Inc., a residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor, for $18.25 billion. SRS employs a 2,500-plus professional sales...
Recent Posts
Historic Pittsburgh Site of National Negro Opera Company Receives $1.75 Mil…- Jenni Bonura Named Chief Growth Officer at First Multiple Listing Service
- Mortgage Rates Take a Mild Tumble
- Compass Unveils Home Platform for Company-Owned Brokerage Brands
- Jewish Toronto Real Estate Broker Assaulted in Hate Crime Incident
