Current News & Events
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
“It is our hope that the money will go to the continued upkeep of the Cathedral,” said Joseph Zwilling, director of communications for the Archdiocese of New York. Continue Reading St. Patrick’s Cathedral Sells Air Rights to Ken Griffin
loanDepot Unveils melloNow Underwriting Engine
The company has been beta-testing the system for the last several quarters. Continue Reading loanDepot Unveils melloNow Underwriting Engine
CoStar Group Completes Acquisition of UK Property Portal
OnTheMarket was founded in 2013 and currently has over 13,000 agent advertisers. Continue Reading CoStar Group Completes Acquisition of UK Property Portal
PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
The company expected to emerge from bankruptcy by early February. Continue Reading PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
Mortgage Credit Availability Down in November
“Credit availability in November declined to its lowest level in four months, driven by reduced offerings of non-QM and jumbo loan programs,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in November
Rocket Homes App Now Available on Apple CarPlay
Rocket noted that more than 98% of cars in the U.S. support CarPlay. Continue Reading Rocket Homes App Now Available on Apple CarPlay
Zillow Offers 3D Virtual Tour of Santa’s Home
The North Pole residencet carries a Zestimate of $1.18 million, up 2% from last year. Continue Reading Zillow Offers 3D Virtual Tour of Santa’s Home
Thompson Thrift Announces Latest Florida Community
The property will be Thompson Thrift’s 14th residential community in the state. Continue Reading Thompson Thrift Announces Latest Florida Community
Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California
“This project has truly been a labor of love,” said Michael F. Harrah, founder and president. Continue Reading Caribou Industries to Begin Work on Mixed-Use Development in Santa Ana, California
Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts
Wyndham pointed out that the “offer looks to be unchanged from Choice’s previous highly conditional offer the Board reviewed and rejected.” Continue Reading Choice Hotels Launches Hostile Takeover of Wyndham Hotels & Resorts
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