Current News & Events
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
The property is a five-story, 7,850-square-foot commercial building located on the Upper East Side of Manhattan. Continue Reading Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
Michael Sartori Promoted to CFO at Dynex Capital
Sartori joined the company as assistant controller in 2013. Continue Reading Michael Sartori Promoted to CFO at Dynex Capital
Study: 38% of Renters Believe They’ll Never Own a Home
Only 8% of Gen Z renters believed they’ll never own a home. Continue Reading Study: 38% of Renters Believe They’ll Never Own a Home
$77 Million Aspen Home Sale Breaks Record for Colorado
A new record was set in the Colorado housing market with the $77 million sale of a 12,655-square-foot home on 60.78 acres of ranchland in Aspen. The Aspen Times reported the 8-bedroom, 11-bathroom home was purchased in a cash deal. The property, which was built in...
McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin
Canyons is one of two affordable housing projects McShane currently has underway for Lincoln Avenue Communities. Continue Reading McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin
CMG Financial Acquires Norcom Mortgage’s Retail Assets
CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG's...
HUD and Indianapolis Take Over Local Housing Agency
HUD and the city government said this action was designed to “restore public confidence” in the IHA. Continue Reading HUD and Indianapolis Take Over Local Housing Agency
Amazon Leases 2 Million SF of California Industrial Space
The expanded industrial property footprints contrast the company’s plans to reduce its office footprint. Continue Reading Amazon Leases 2 Million SF of California Industrial Space
Redfin: Monthly Housing Payments Set New Record
“Housing costs are likely to continue going up for the near future,” said Redfin Economic Research Lead Chen Zhao. Continue Reading Redfin: Monthly Housing Payments Set New Record
Stewart Acquires All New York Title Agency
The financial terms of the acquisition were not announced. Continue Reading Stewart Acquires All New York Title Agency
Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
The level of her fraud equaled nearly 3% of the country’s 2022 GDP. Continue Reading Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
Guest Opinion: The New York Fed Chief’s View of the Economy
We’re not seeing the types of risks in housing finance that we saw during the housing boom before the 2007-2008 financial crisis. Continue Reading Guest Opinion: The New York Fed Chief’s View of the Economy
