Current News & Events
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
The Brazilian auction market has been disrupted with altered documents, fake websites, and inconsistent public records. Continue Reading Brazil to Conduct Real Estate Auction Using Blockchain Technology
NAR President Kenny Parcell Resigns Following Media Report on Sexual Harassment
“My resignation comes after a series of accusations against me that are categorically false,” said Parcell in his resignation letter. Continue Reading NAR President Kenny Parcell Resigns Following Media Report on Sexual Harassment
A Phil Hall Op-Ed: A Future That Could Have Been
Mark Olson, co-chairman of the board of Corporate Risk Advisors, said, “Anything with a discreet income stream can be privatized.” Continue Reading A Phil Hall Op-Ed: A Future That Could Have Been
ICE’s Long-Delayed Acquisition of Black Knight Slated for Sept. 5
Black Knight informed its stockholders they had until Sept. 1 to decide if they want to receive cash or ICE stock in exchange for their shares. Continue Reading ICE’s Long-Delayed Acquisition of Black Knight Slated for Sept. 5
New Initiative Seeks to Bring Solar Energy to Lower-Income Households
Solstice stated that community solar farms enable access solar power without having to own a home or report a credit score. Continue Reading New Initiative Seeks to Bring Solar Energy to Lower-Income Households
Kimco Realty Pays $2 Billion to Acquire RPT Realty
The transaction will add 56 open-air shopping centers comprising 13.3 million square feet of gross leasable area to Kimco’s existing portfolio. Continue Reading Kimco Realty Pays $2 Billion to Acquire RPT Realty
AXS Investments Launches Real Estate Income ETF
RINC is equally weighted by sector – 50% commercial real estate lending, 25% non-agency residential real estate debt, and 25% agency residential real estate debt. Continue Reading AXS Investments Launches Real Estate Income ETF
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Philadelphia-based Hersha will no longer be listed on any public securities exchange after the closing of the transaction. Continue Reading Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Guild Mortgage Acquires First Centennial Mortgage
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
Bayview Asset Management Creates Insurance Asset Management Division
The new division will be led by Chief Investment Officer Nancy Mueller Handal, who previously served as the head of private fixed income and alternatives at MetLife. Continue Reading Bayview Asset Management Creates Insurance Asset Management Division
Two Agricultural and Rural Lenders Announce Merger
“This merger makes us a better partner for our customers,” said Curt Hudnutt, CEO of American AgCredit, who will lead the merged entity. Continue Reading Two Agricultural and Rural Lenders Announce Merger
