Current News & Events
Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
After leaving the Trump administration, Montgomery became founding partner and chairman of Gate House Strategies. Continue Reading Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
The White House did not comment on the meeting. Continue Reading NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
San Francisco Proposal Would Require a Six-Month Notice Before Grocery Stores Can Close
A similar proposal was vetoed in 1984 by then-Mayor Diane Feinstein. Continue Reading San Francisco Proposal Would Require a Six-Month Notice Before Grocery Stores Can Close
Blackstone Acquires AIR Communities for $10 Billion
AIR Communities’ portfolio consists of 76 rental housing communities totaling 27,010 apartment units in 10 states and the District of Columbia. Continue Reading Blackstone Acquires AIR Communities for $10 Billion
Compass CEO: NAR Settlement ‘Not as Dramatic as the Headlines Have Described’
“Commissions have always been negotiable,” said Robert Reffkin. Continue Reading Compass CEO: NAR Settlement ‘Not as Dramatic as the Headlines Have Described’
Sen. Fetterman: ‘Squatters Have No Rights’
“I am not woke,” said the Pennsylvania Democrat. Continue Reading Sen. Fetterman: ‘Squatters Have No Rights’
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
“Some households appear to be moving past the hurdle of last year’s sharp jump in rates,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage
Canadian Prime Minister Justin Trudeau is advocating for modular and prefabricated homes as the solution to meet his country’s housing shortage. According to CTV News, Trudeau’s government is planning to allocate more than $600 million in the upcoming federal budget...
Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Murdoch first listed the penthouse in 2022 for $62 million. Continue Reading Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Kiavi Debuts Construction Financing Product for Real Estate Investors
The construction loans can finance either build-to-sell or build-to-rent properties. Continue Reading Kiavi Debuts Construction Financing Product for Real Estate Investors
Hits and Misses for the Real Estate Week of April 1-5
In the spotlight: A bizarre attack on a major mortgage company, an about-face by the Federal Reserve and a luxury retailer is coming to San Francisco. Continue Reading Hits and Misses for the Real Estate Week of April 1-5
Minneapolis Brokerage Opens First Office in Florida
“A number of our agents who winter in Florida or spend significant time there asked for this expansion,” said CEO Greg Mason. Continue Reading Minneapolis Brokerage Opens First Office in Florida
