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Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Apartment-Hotel Brand Sonder to Shut Down
Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
Eagle Partners, an affiliate of Eagle Real Estate Investment Group, announced the closing of a $107-million affordable housing preservation acquisition, The Hills at Hacienda Heights, a 350-unit apartment community in the San Gabriel Valley of Los Angeles. Situated on...
NAR Taps David Conroy for Newly Created Chief Data Officer Role
The National Association of Realtors (NAR) announced the appointment of David Conroy as chief data officer and senior vice president of strategy and innovation, a newly created role. In this position, Conroy will guide enterprise-wide data strategy, unify disparate...
NEWS & CURRENT EVENTS
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
“New Jersey will always protect its farmers and farmland,” said Gov. Phil Murphy. Continue Reading NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
Phishing Emails Targeting NAMB Members
“This email is NOT from NAMB,” said the organization’s message to its membership. Continue Reading Phishing Emails Targeting NAMB Members
Minnesota Real Estate Agent Charged with Multiple Tax Crimes
Kevin Patrick Mullen evaded paying income taxes earned through his business, Ideal Properties and Investments LLC, from 2019 through 2023. Continue Reading Minnesota Real Estate Agent Charged with Multiple Tax Crimes
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Hits and Misses for the Real Estate Week of July 21-25
Cutting capital gains taxes on houses, cutting millions in consulting fees, and cutting out talk about property tax hikes. Continue Reading Hits and Misses for the Real Estate Week of July 21-25
Two Texas Realtor Organizations Announce Merger
MetroTex and CCAR officials said the unified body will result in a stronger legislative influence, reduce duplicated services, and bring down member costs. Continue Reading Two Texas Realtor Organizations Announce Merger
Luigi Favaro Named CEO of Ontario Real Estate Association
He replaces Tim Hudak, who stepped down last August. Continue Reading Luigi Favaro Named CEO of Ontario Real Estate Association
Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud
“There will be accountability for this blatantly false story,” Paxton wrote online. Continue Reading Texas AG Paxton Accuses Rival of Planting ‘Fake’ Story on Mortgage Fraud
Flood Insurance Relief Legislation Reintroduced in Congress
The bill’s proposed deduction would not apply to individuals who have a gross income of more than $200,000 or $400,000 for joint filers. Continue Reading Flood Insurance Relief Legislation Reintroduced in Congress
Deltec Homes Debuts New Hurricane-Resistant Housing Model
“We set out to create a smaller home that delivers world-class resilience and a truly elevated living experience,” said Meg Gore, CEO of Deltec Homes. Continue Reading Deltec Homes Debuts New Hurricane-Resistant Housing Model
USDA to Relocate Majority of Staff and Vacate DC Office Space
Employees will be relocated to Raleigh, Kansas City, Indianapolis, Salt Lake City and Fort Collins, Colorado. Continue Reading USDA to Relocate Majority of Staff and Vacate DC Office Space
Barry Habib Added to Fannie Mae’s Board of Directors
There was no formal press statement on the appointment. Continue Reading Barry Habib Added to Fannie Mae’s Board of Directors
Development Promoted as ‘First Solar Town’ Planned for Houston Area
The first portion of the development will encompass three 30-foot-high concrete wall industrial buildings. Continue Reading Development Promoted as ‘First Solar Town’ Planned for Houston Area
Trump Ally Sues to Open Fed’s Rate Policy Meetings to the Public
“It’s never been more confusing to understand why the Fed is doing what it’s doing,” said Azoria Capital’s James Fishback. Continue Reading Trump Ally Sues to Open Fed’s Rate Policy Meetings to the Public
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