Current News & Events
Regional Group Acquires Ottawa Office Tower
The 500,000-square-foot property is 100% occupied. Continue Reading Regional Group Acquires Ottawa Office Tower
Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected
An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
Blackstone Seeks Buyer for Motel 6 Lodging Chain
G6 Hospitality, which also owns the Studio 6 brand of extended-stay hotels, operates 1,400 locations across North America. Continue Reading Blackstone Seeks Buyer for Motel 6 Lodging Chain
Red Lobster Reportedly Considering Bankruptcy Filing
Red Lobster has 649 restaurants, primarily in the U.S. and Canada. Continue Reading Red Lobster Reportedly Considering Bankruptcy Filing
Powell Backpedals on Rate Cuts, Citing Stubborn Inflation
Powell insisted rates would remain at their current 23-year high “as long as needed.” Continue Reading Powell Backpedals on Rate Cuts, Citing Stubborn Inflation
New Home Purchase Mortgage Applications Up 6.2%
The average loan size for new homes was $405,400 in March. Continue Reading New Home Purchase Mortgage Applications Up 6.2%
British Columbia Woman Fined $626,000 for Real Estate Flipping Scam
The BCSC determined that investors lost approximately $776,000 based on White’s actions. Continue Reading British Columbia Woman Fined $626,000 for Real Estate Flipping Scam
Wharton to Offer Course on Using Data Analytics for Real Estate Investments
The half-semester course titled “REAL 3700X: Real Estate Data Analytics” begins in the spring 2025. Continue Reading Wharton to Offer Course on Using Data Analytics for Real Estate Investments
Guest Opinion: Fighting Back Against Ransomware Attacks
Far too many “digital doors” are left open for adversaries to walk through with relative ease. Continue Reading Guest Opinion: Fighting Back Against Ransomware Attacks
Housing Starts Plummet by 12.4%
“This is the largest month-over-month drop in housing starts since the Covid lockdowns,” said economist Dr. Anthony B. Sanders. Continue Reading Housing Starts Plummet by 12.4%
Maryland Home Sales Down Nearly 14%
The average sales price in March was $473,442, up 6.3% year-over-year. Continue Reading Maryland Home Sales Down Nearly 14%
Click n’ Close Adds Shared Appreciation Option to Down Payment Assistance Line
DPA with Share Appreciation is available through Click n’ Close’s retail and wholesale divisions. Continue Reading Click n’ Close Adds Shared Appreciation Option to Down Payment Assistance Line
