Current News & Events
Tax Hikes Proposed to Finance Bears Football Stadium in Indiana
Lake County’s hotel tax would double from 5% to 10%. Continue Reading Tax Hikes Proposed to Finance Bears Football Stadium in Indiana
Wyoming Game and Fish Department Seeks $400,000 Cut in Property Taxes
The Senate passed the bill unanimously, but whether it will be approved by the House is unclear. Continue Reading Wyoming Game and Fish Department Seeks $400,000 Cut in Property Taxes
CMBS Delinquency Rate Inches Up to 4.71%
Last month’s uptick was mostly fueled by office sector delinquencies, which spiked by 33 basis points to 6.63%. Continue Reading CMBS Delinquency Rate Inches Up to 4.71%
Jay Olander Joins Capital Square as President and CFO
Olander also serves as chief financial officer and treasurer of Capital Square Apartment REIT Inc. Continue Reading Jay Olander Joins Capital Square as President and CFO
Two Ratings Agencies Slash Credit Grade for NYCB
NYCB’s stock plummeted on Friday by 26%, ending the week at $3.55 – a 65% year-over-year collapse of its stock price. Continue Reading Two Ratings Agencies Slash Credit Grade for NYCB
$37 Million Refinancing Secured for Texas Multifamily Property
The terms of the five-year loan include 6.23% interest only and a spread of 1.68%. Continue Reading $37 Million Refinancing Secured for Texas Multifamily Property
Morgan Clark to Lead Investor Relations at Basis Industrial
Clark previously led investor relations and fund management for Foundry Commercial’s development and investment platform. Continue Reading Morgan Clark to Lead Investor Relations at Basis Industrial
Hits and Misses for the Real Estate Week of Feb. 25-March 1
This week’s Hits and Misses includes Macy’s store closings, the CFPB’s opaqueness and living in a Mercedes-Benz (but not a car). Continue Reading Hits and Misses for the Real Estate Week of Feb. 25-March 1
1830 Farmhouse Being Offered for Free, But There is a Catch
The residence includes four bedrooms, two bathrooms, two chimneys and five fireplaces. Continue Reading 1830 Farmhouse Being Offered for Free, But There is a Catch
Carl Harris Elected 2024 Chairman of National Association of Home Builders
He is co-founder and vice president of the Carl Harris Co. Inc. and managing partner of Harris Homes Continue Reading Carl Harris Elected 2024 Chairman of National Association of Home Builders
HUD Offers New Initiatives for Manufactured Housing
The $225 million competitive grant program will provide resources to support residents of manufactured housing through repairs and rehabilitation. Continue Reading HUD Offers New Initiatives for Manufactured Housing
New York Community Bank CEO Quits as Losses Grow
The fourth quarter loss was amended to $2.7 billion, a tenfold increase from its previously declared $252 million net loss. Continue Reading New York Community Bank CEO Quits as Losses Grow
