Featured Real Estate News
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
A former Massachusetts realtor who was indicted on multiple charges including embezzlement was sentenced to two-to-three years in prison followed by five years of probation after changing his plea to guilty. WCBV reports Stephen Webster, the owner of the now-defunct...
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
Stephen Webster was indicted on Sept. 12 and arrested in Palm Beach County, Florida, on Sept. 30. Continue Reading Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
SL Green Realty Corp. (NYSE:SLG) and its joint venture partner, Jeff Sutton’s Wharton Properties, announced it has closed on the sale of New York City’s 690 Madison Avenue for $54.5 million. The property is a five-story, 7,850-square-foot commercial building located...
Michael Sartori Promoted to CFO at Dynex Capital
Dynex Capital Inc. (NYSE: DX), a Glen Allen, Virginia-headquartered real estate investment trust focused on residential and commercial mortgage-backed securities, has promoted Michael Sartori to chief financial officer (CFO). Sartori succeeds Robert Colligan as CFO....
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 weighing closing more locations, and a city losing millions in consulting fees over a failed museum project. From the wild and woolly world of real estate, here are our Hits and Misses for the...
News & Current Events
Indianapolis’ Martin University Campus Listed at $3.5 Million
The school founded in 1977 by Boniface Hardin, a Benedictine Monk, and was Indiana’s only predominantly Black institution of higher learning. Continue Reading Indianapolis’ Martin University Campus Listed at $3.5 Million
Historic Minneapolis Skyscraper Sells for $1
The Lumber Exchange Building dates to 1885 and was the first skyscraper in Minneapolis. Continue Reading Historic Minneapolis Skyscraper Sells for $1
Mustafa Abbasi Named President of Sotheby’s International Realty Canada
He succeeds Effi Barak, who has served as interim president since April 2025. Continue Reading Mustafa Abbasi Named President of Sotheby’s International Realty Canada
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Exclusive News
University of Arizona Snags $60 Million Deal for Stadium Naming Rights
Casino Del Sol is an enterprise of the Pascua Yaqui Tribe. Continue Reading University of Arizona Snags $60 Million Deal for Stadium Naming Rights
SIOR Inducts Officers for 2025-2026 Term
Saadia Sheikh, CEO and founder of the Dallas- and New York City-based advisory firm Powersense, was named global president. Continue Reading SIOR Inducts Officers for 2025-2026 Term
Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
“There is no fraud, no intent to deceive, nothing whatsoever criminal or remotely a basis to allege mortgage fraud,” said attorney Abbe Lowell. Continue Reading Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
The Builders Alliance is a collection of 10 homebuilders focused on creating time and cost savings and end-to-end project management. Continue Reading Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
NAR Announces Updates to MLS Handbook
The 2026 MLS Handbook is scheduled to be published in January. Continue Reading NAR Announces Updates to MLS Handbook
Historic Baltimore Multifamily Community Sells for $5.95 Million
Built in 1927, The Baltimorean offers a mix of studios and one- and two-bedroom apartments with units averaging 385 square feet in size. Continue Reading Historic Baltimore Multifamily Community Sells for $5.95 Million
PulteGroup Expands Ohio Presence into Cincinnati
PulteGroup already has an Ohio presence in the Cleveland and Columbus markets. Continue Reading PulteGroup Expands Ohio Presence into Cincinnati
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis