Featured Real Estate News
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX), has acquired West Boston Medical Center, a medical outpatient complex located in the Greater Boston suburb of Watertown, Massachusetts, for approximately $32 million. The property...
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
The property totals approximately 53,000 square feet and is 100% leased to a single tenant. Continue Reading JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
Tampa Bay Rays Offer to Pay for Half of Proposed New Stadium
The Tampa Bay Rays agreed to cover at least half of the cost for the proposed stadium to be constructed on the site of Hillsborough College’s Dale Mabry campus. The team’s offer is part of a document titled “Update on Tampa Bay Rays Ballpark Discussions” that was...
Virginia Duo Sentenced for Mortgage and Investment Fraud Schemes
A pair of former financial services specialists in Virginia were sentenced for conspiracy to commit mail and wire fraud impacting financial institutions relating to their unlawful use of client information to obtain loans. According to court documents, Roberta Leigh...
Chicago Bank Becomes First to Fail in 2026
Chicago-based Metropolitan Capital Bank & Trust was closed on Jan. 30 by the Illinois Department of Financial and Professional Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This marks the first bank failure of 2026. The...
News & Current Events
Homebuyers in 2025 Scored the Biggest Price Discounting in 13 Years
Redfin found only four metros where the typical homebuyer paid more than the asking price last year. Continue Reading Homebuyers in 2025 Scored the Biggest Price Discounting in 13 Years
Anchorage to Review Property Tax Appraisals Following Complaints Over Elevated Assessments
The city is now planning to issue revised assessments for roughly 660 homes across four Anchorage neighborhoods. Continue Reading Anchorage to Review Property Tax Appraisals Following Complaints Over Elevated Assessments
Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million
The Washington, DC-based Penzance plans to make new investments across the Mid-Atlantic, from New Jersey to South Carolina, during 2026. Continue Reading Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million
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Canadian Housing Starts Up 9.4%
Montreal posted a 24% year-over-year increase in actual housing starts this month driven by higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Up 9.4%
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
The Trump administration did not immediately comment on the lawsuit. Continue Reading National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
Prior to her role at Hudson Companies, Kackmann was vice president of affordable and workforce housing at The Albanese Organization. Continue Reading Ellen Kackmann Joins The Hudson Companies as Principal, Overseeing Affordable Housing Portfolio
New Board Chairman Appointed at QuadReal Property Group
R. Scott Hutcheson replaces Thomas Garbutt, who is stepping down after serving as chairman since 2018. Continue Reading New Board Chairman Appointed at QuadReal Property Group
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12