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Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
With this transaction, HCP’s portfolio now exceeds 1,500 rooms. Continue Reading Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
With this transaction, HCP’s portfolio now exceeds 1,500 rooms. Continue Reading Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
Mortgage Delinquency Rate Up During Q3
The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
News Report Uncovers Bill Pulte’s Ownership of Broken-Down Florida Trailer Parks
An investigative feature published by the New York Times has uncovered a previously unreported aspect of Bill Pulte’s portfolio: ownership of five trailer parks in Florida that are in various stages of disrepair. The trailer park investments were not highlighted in...
Indiana Home Sales Up 4%
A total of 7,177 residential properties were sold in Indiana during October, up 4% from one year earlier, while pending sales totaled 6,795, a 1% dip from the previous year. According to data from the Indiana Association of Realtors (IAR), the 9,517 new home listings...
NEWS & CURRENT EVENTS
South Korea Creates Task Force to Address Real Estate Fraud
The government cited “artificially inflating home prices, false transaction reports, and fraudulent subscriptions” as the main concerns that sparked the task force’s creation. Continue Reading South Korea Creates Task Force to Address Real Estate Fraud
Hits and Misses for the Real Estate Week of Oct. 27-31
Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. Continue Reading Hits and Misses for the Real Estate Week of Oct. 27-31
Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
This is the lowest turnover rate in at least 30 years. Continue Reading Report: Roughly 2.8% of the National Housing Inventory Changed Hands This Year
The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
The property encompasses four parcels totaling 4.16 acres. Continue Reading The Shops at Laguna, California Shopping Center, Sells for $19.1 Million
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Lisa Tyler Named SVP of National Development at WFG National Title Insurance Company
Tyler also served as president of the Beverly Carter Foundation since 2019. Continue Reading Lisa Tyler Named SVP of National Development at WFG National Title Insurance Company
Costco Teams With Trinity Energy for Off-Grid Energy System at Connecticut Store
Costco Wholesale Corp. (NASDAQ: COST) has partnered with Trinity Energy, a provider of turn-key sustainable energy solutions, on deployment of a modular, off-grid electrified energy system at the Costco warehouse store in Norwalk, Connecticut. According to the...
Detroit City FC Unveils Renderings and Name for New Soccer Stadium
The new stadium will replace Keyworth Stadium, the 7,000-seat venue where the team has been based since 2016. Continue Reading Detroit City FC Unveils Renderings and Name for New Soccer Stadium
Chinese Nationals Sue to Block Texas Law Banning Foreign Ownership of Property
The plaintiffs stated the law, which goes into effect on Sept. 1, is unconstitutional and discriminates based on race and ethnicity. Continue Reading Chinese Nationals Sue to Block Texas Law Banning Foreign Ownership of Property
REMAX Teams With Green Bay’s Matthew Golden in New Marketing Campaign
“It was such a blessing to work with REMAX and Nimesh to help me achieve this goal,” said Golden in a statement. Continue Reading REMAX Teams With Green Bay’s Matthew Golden in New Marketing Campaign
Prudent Growth Partners Pays $7.25 Million for Atlanta-Area Shopping Center
Built in 2008, the property has 17 tenants encompassing a mix of businesses and service providers. Continue Reading Prudent Growth Partners Pays $7.25 Million for Atlanta-Area Shopping Center
New Platform Focuses on Temporary Housing for Traveling Healthcare Professionals
The new platform will enable nurses, allied health professionals, and other healthcare travelers to secure fully furnished homes near healthcare facilities. Continue Reading New Platform Focuses on Temporary Housing for Traveling Healthcare Professionals
Robert Harper Named Interim CEO at BREIT
Harper will continue to serve as the company’s co-president and a director. Continue Reading Robert Harper Named Interim CEO at BREIT
Financial Services Software Provider MeridianLink Sold for $2 Billion
Upon closing of the transaction, MeridianLink will become a private company. Continue Reading Financial Services Software Provider MeridianLink Sold for $2 Billion
Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Trump has recently met at the White House with several chief executives at major banks to discuss strategies for the privatization of Fannie Mae and Freddie Mac. Continue Reading Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
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