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More Luxury Condos are Coming to West Palm Beach, FL
Savanna, a New York City-based real estate investment and development firm, recently secured financing from Madison Realty Capital, a vertically integrated real estate private equity firm for Olara, West Palm Beach’s anticipated new luxury waterfront condominium...
$100M Housing Options Grant Program Opens in PA
The Pennsylvania Housing Finance Agency today has opened the application process for the $100 million Housing Options Grant Program. This program provides a new affordable housing development tool by making additional money available to create or preserve more...
Additional Reading: Top Real Estate Industry News & Headlines
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When to expect the housing market downturn to conclude, according to Wells Fargo
Source: Yahoo Finance --- Historically speaking, most U.S. recessions arrive after a period of rate tightening by the Federal Reserve. As the Fed raises interest rates to tame inflation, it begins to cause economic activity to contract. Of course, “Fed-induced...
US housing market in ‘free fall’ as builder confidence suffers ‘disastrous’ drop: economist
Source: New York Post--- The US housing market remains in “free fall” after a survey showed a “disastrous” decline in homebuilder confidence, a prominent economist warned on Tuesday. Homebuilder confidence plunged for the 10th consecutive month in October, falling to...
Broker tackles a traditional taboo — disclosing an illness — in commercial real estate
Source: Cain's Cleveland Business --- In what he characterizes as his best year as a broker, Newmark managing director David Hollister is surprisingly seeking ways to reduce his workload.
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