Featured Real Estate News
Power Struggle Erupts Between Mayor Johnson and Chicago Housing Authority Chairman
A power struggle has broken out at the Chicago Housing Authority (CHA), with Mayor Brandon Johnson claiming that he removed Board Chairman Matthew Brewer from his position while Brewer refuses to step down, stating Johnson’s actions were unlawful. The Chicago...
Power Struggle Erupts Between Mayor Johnson and Chicago Housing Authority Chairman
The CHA board members who voted to appoint Pettigrew issued a public statement rebuking the mayor. Continue Reading Power Struggle Erupts Between Mayor Johnson and Chicago Housing Authority Chairman
Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
A new survey of Montana voters found an overwhelming lack of support for replacing property taxes with a new statewide sales tax. The survey, conducted by Montana Free Press and the Eagleton Institute of Politics at Rutgers University found 48% of respondents stating...
CMBS Delinquency Rate Dropped to 7.14% in February
The delinquency rate for commercial mortgage-backed securities (CMBS) decreased by 33 points in February to 7.14%, according to a new data report from Trepp Inc. One year ago, the delinquency rate was 6.30%. “The decline came thanks to a net decrease in overall...
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
News & Current Events
Shayne Farley Becomes CEO at Stellar MLS
Last July, Farley was announced to become the successor to Merri Jo Cowen. Continue Reading Shayne Farley Becomes CEO at Stellar MLS
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
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Exclusive News
FHFA Announces 2026 Multifamily Loan Caps
Bob Broeksmit, president and CEO of the Mortgage Bankers Association, welcomed the news. Continue Reading FHFA Announces 2026 Multifamily Loan Caps
RealPage Reaches Settlement with DOJ Over Rent Collusion Case
The company viewed the settlement as a victory. Continue Reading RealPage Reaches Settlement with DOJ Over Rent Collusion Case
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
CFPB to Continue Regulatory Operations into 2026
Last week, the White House nominated Stuart Levenbach, an associate director in the Office of Management and Budget, to become the next CFPB director. Continue Reading CFPB to Continue Regulatory Operations into 2026
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Prior to his career in real estate, he was a sports reporter for the Washington Post. Continue Reading Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Leadership Shift at Brixmor Property Group
Brian T. Finnegan, the company’s president and chief operating officer, will succeed Taylor. Continue Reading Leadership Shift at Brixmor Property Group
Judge Dismisses Mortgage Fraud Case Against Letitia James
The judge ruled prosecutor Lindsey Halligan was not eligible to pursue the case. Continue Reading Judge Dismisses Mortgage Fraud Case Against Letitia James
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...