Featured Real Estate News
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
The Trump administration’s planned initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will not occur this year, according to Michael Burry, the investor and hedge fund manager who gained prominence from the book and film “The Big...
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Burry added that the housing market was “in for a long winter” if current economic conditions remain or worsen. Continue Reading ‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
The Real Estate Fraud Unit of the Los Angeles Police Department’s (LAPD) Commercial Crimes Division’s arrested Rita Ortiz for filing false mechanical liens on several residential properties. Ortiz filed mechanical liens on property titles for extraordinarily elevated...
HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
The Department of Housing and Urban Development (HUD) has put forth a new proposed rule that provides public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners with the ability to mandate work requirements and time limits for...
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
News & Current Events
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
The property is a five-story, 7,850-square-foot commercial building located on the Upper East Side of Manhattan. Continue Reading Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
Michael Sartori Promoted to CFO at Dynex Capital
Sartori joined the company as assistant controller in 2013. Continue Reading Michael Sartori Promoted to CFO at Dynex Capital
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
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Hits and Misses for the Real Estate Week of April 6-10
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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
Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
The lawsuits claim the office of Orange County Property Appraiser Amy Mercado did not use “professionally accepted appraisal practices.” Continue Reading Disney Files 15 Lawsuits Against ‘Excessive’ Property Tax Assessments on Florida Assets
Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Mamdani will be trading in his one-bedroom, $2,300 a month rent-stabilized apartment for the rent-free, five-bedroom mansion. Continue Reading Zohran Mamdani to Move into Gracie Mansion, Official Residence for NYC’s Mayor
Pre-Leasing Begins on Greystar’s New Denver High-Rise Community
In addition to the residences, The Parson will feature 4,100 square feet of ground floor retail space. Continue Reading Pre-Leasing Begins on Greystar’s New Denver High-Rise Community
Report: Average Buyer’s Agent Commission Up Slightly Since New NAR Rules
The average buyer’s agent commission during the third quarter was 2.42%, up from 2.36% one year earlier, while commissions were virtually flat compared to the previous quarter. According to a new data report from Redfin, commissions are at roughly the same level they...
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Dollar General Plans to Open 450 New Stores
Dollar General said it opened 196 new stores in the third quarter. Continue Reading Dollar General Plans to Open 450 New Stores