Current News & Events
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
The property totals approximately 53,000 square feet and is 100% leased to a single tenant. Continue Reading JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
Montana is one of five states without a statewide sales tax. Continue Reading Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
Regulators Seize Philadelphia’s Republic Bank as the Year’s First Bank Failure
Republic Bank had approximately $6 billion in total assets and $4 billion in total deposits as of Jan. 31. Continue Reading Regulators Seize Philadelphia’s Republic Bank as the Year’s First Bank Failure
Hits and Misses for the Real Estate Week of April 22-26
This week’s Hits and Misses includes a new stadium in Chicago, a new player in Sun Belt rental housing and cleaning up moldy residences in London. Continue Reading Hits and Misses for the Real Estate Week of April 22-26
United Real Estate Rolls Out Financial Wellness Program
“We are solving longstanding problems for self-employed practitioners,” said Phillip Cantrell, executive vice president for strategy. Continue Reading United Real Estate Rolls Out Financial Wellness Program
Initia Real Estate Opens Third Alberta Location
Initia Real Estate, a full-service brokerage serving Canada and Mexico, announced the opening of a new office in Red Deer, Alberta. The new office is Initia’s third in Alberta – its headquarters is in Edmonton and it also has a presence in Calgary. Initia’s other...
AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties
The organization said the buildings “would require $14 million to bring them up to a fully habitable state.” Continue Reading AIDS Healthcare Foundation Cancels $27 Million Purchase of Six LA Properties
HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case
The company was the last defendant in the case to agree to a settlement. Continue Reading HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case
Builders Angry Over Biden’s Energy Standards Changes
“This senseless nationwide codes mandate will significantly raise housing costs,” said NAHB Chairman Carl Harris. Continue Reading Builders Angry Over Biden’s Energy Standards Changes
Production Losses Widen for Independent Mortgage Banks
The refinancing share of total originations (by dollar volume) decreased to 11% in 2023 from 20% in 2022. Continue Reading Production Losses Widen for Independent Mortgage Banks
Q1 Office Market Sales Down 17%
Washington, D.C., led the nation in sales, with transactions totaling $999 million through the first quarter. Continue Reading Q1 Office Market Sales Down 17%
Rentec Direct Offers App for Rental Property Management
The app also facilitates prompt responses to urgent issues with push notifications for new work orders and text responses. Continue Reading Rentec Direct Offers App for Rental Property Management
