Featured Real Estate News
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...
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
AI Firm Anthropic Leases Entire San Francisco Office Tower
The artificial intelligence company Anthropic has signed a lease to become the single tenant for an entire San Francisco skyscraper. The San Francisco Chronicle reports the company will occupy the entirety of 300 Howard Street in the city’s Financial District. The...
Trump to Close ‘Dilapidated’ Kennedy Center for 2-Year Renovation
President Trump has announced his plans to close the John F. Kennedy Center for the Performing Arts in Washington, DC, for two years, claiming the venue was “a tired, broken, and dilapidated” facility. In a post on Truth Social, Trump claimed his ruling followed a...
Hulk Hogan’s Florida Estate Listed at $10.9 Million
The Florida estate of professional wrestling legend Hulk Hogan has been listed for sale at $10.9 million. TMZ reports the three-story, 5,400-square-foot residence in Clearwater Beach was Hogan’s home since 2012. The property was built in 2009 features five bedrooms...
News & Current Events
Hits and Misses for the Real Estate Week of Jan. 26-30
A Beverly Hills mansion that nobody wants, a push to end property taxes in Georgia, and Indiana goes Bears hunting. Continue Reading Hits and Misses for the Real Estate Week of Jan. 26-30
Sen. Tillis Reiterates Plan to Oppose Trump’s Fed Pick While Powell is Under DOJ Probe
“Kevin Warsh is a qualified nominee with a deep understanding of monetary policy,” said Tillis. Continue Reading Sen. Tillis Reiterates Plan to Oppose Trump’s Fed Pick While Powell is Under DOJ Probe
Killam Apartment REIT Completes $29.6 Million Purchase of Halifax Apartment Complex
Forrest Green was constructed in 1973. Continue Reading Killam Apartment REIT Completes $29.6 Million Purchase of Halifax Apartment Complex
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Exclusive News
Report: Home Price Appreciation Up During November
The inventory of homes available for purchase rose 17.9% year-over-year to the highest November level since 2015. Continue Reading Report: Home Price Appreciation Up During November
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
With this transaction, HCP’s portfolio now exceeds 1,500 rooms. Continue Reading Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
Shalom Baranes Associates replaced James McCrery, who stepped down as the project’s original architect in October. Continue Reading Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
HUD Investigates Affordable Housing Discrimination Against Whites in Boston
“As you are aware, the Trump administration is dedicated to protecting the civil rights of all Americans,” said HUD’s Craig Trainor in his letter. Continue Reading HUD Investigates Affordable Housing Discrimination Against Whites in Boston
Another Grand Jury Refuses to Indict Letitia James on Mortgage Fraud-Related Charges
For the second time in a week, a Virginia grand jury has refused to indict New York Attorney General on mortgage fraud-related charges. The New York Times notes that while there is nothing to prevent the Trum administration from trying to indict her again, the...
Court Orders California City to Approve Affordable Housing
Huntington Beach will have 120 days to adopt an affordable-housing plan that complies with state law. Continue Reading Court Orders California City to Approve Affordable Housing