Featured Real Estate News
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
FHFA and GSEs to Cease Using Anthropic’s AI Products
The Federal Housing Finance Agency (FHFA), Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will phase out their use of the artificial intelligence products offered by Anthropic. In a post to his personal X account, FHFA Director Bill Pulte announced, “U.S....
Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
A coalition of Puerto Rico-based privacy groups has filed a lawsuit to block the new anti-money laundering rule issued by the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The San Juan Daily Star...
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
The Henry, a 169-unit multifamily community in the New York City suburb of Pomona, New York, has been sold for $63.7 million. Completed in 2001 and partially renovated between 2015 and 2019, the property consists of townhouse-style apartments with private entrances...
News & Current Events
Archie Hughes Joins Madison Capital Group as EVP
Hughes will support the firm’s continued distribution efforts across the southern region. Continue Reading Archie Hughes Joins Madison Capital Group as EVP
Regional Group Acquires Ottawa Office Tower
The 500,000-square-foot property is 100% occupied. Continue Reading Regional Group Acquires Ottawa Office Tower
Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected
An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
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Exclusive News
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
The financial aspects of the deal were not disclosed. Continue Reading Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Avalon Risk Management Debuts Hurricane Insurance Product
The new product can provide coverage to hurricane-prone areas from Brownsville, Texas through Newport News, Virginia. Continue Reading Avalon Risk Management Debuts Hurricane Insurance Product
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
Wang’s team closed 430 homes totaling $425 million in sales volume in 2024. Continue Reading Southern California’s Freeman Wang and His 50-Agent Team Join The Real Brokerage
North Carolina House Leader Creates Committee to Devise Property Tax Reforms
A recent study from the Tax Foundation ranked North Carolina 36th highest property taxes in the nation. Continue Reading North Carolina House Leader Creates Committee to Devise Property Tax Reforms
Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
RentRedi Debuts Spanish-Language Version of Tenant App
RentRedi is also offering customer support in Spanish, with both live support and an auto-attendant experience. Continue Reading RentRedi Debuts Spanish-Language Version of Tenant App
AI + Real Estate: The Inflection Point of 2025 — And Why Leadership Matters More Than Technology
Real estate isn’t just a financial decision—it’s a psychological one. Only a human being can navigate both. Continue Reading AI + Real Estate: The Inflection Point of 2025 — And Why Leadership Matters More Than Technology