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Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Newmark Group Inc. served as exclusive advisor to Scholastic Corporation on both sale-leaseback transactions Continue Reading Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Newmark Group Inc. served as exclusive advisor to Scholastic Corporation on both sale-leaseback transactions Continue Reading Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Boston Lawmaker Proposes Property Tax Restructuring for Large Apartment Buildings
A Boston city councilor is proposing a structural change for how the city taxes multifamily properties. MassLive.com reports Councilor Brian Worrell, a Democrat, has filed a proposal that reclassifies large apartment buildings as commercial real estate. His proposal...
New Data Reports Find Easing in Home Prices
Two new data reports pointed to a modest acceleration in home prices. The S&P Cotality Case-Shiller US National Home Price NSA Index recorded a 1.5% annual increase in August while the 10-City and 20-City Composites reported year-over-year increases of 2.1% and...
Maine Home Sales Rise as Prices Ease
A total of 1,582 single-family existing homes were sold during September in Maine, a 5.12% increase from the 1,505 transactions that occurred one year earlier. According to data from the Maine Association of Realtors, the median sales price during September was...
NEWS & CURRENT EVENTS
6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
“During a time when housing is scarce, I will not stand for fraudsters coming to Harlem to try and perpetrate these pernicious schemes,” said Manhattan District Attorney Alvin Bragg. Continue Reading 6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
The coalition said their boycott was “motivated by Airbnb’s ties to President Trump’s anti-worker agenda.” Continue Reading Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
Clark County Commissioners Give OK for $2 Billion Las Vegas A’s Stadium
The commissioners in Nevada’s Clark County have unanimously voted their approval of the $2 billion Las Vegas baseball stadium for the Athletics franchise. SportsPro.com reports the county’ approval clears the process that will enable the team to access up to $380...
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Report: Affordable Homeownership Remains Mostly Elusive
California had 16 of the 25 counties where affordable homeownership requires the highest annual income. Continue Reading Report: Affordable Homeownership Remains Mostly Elusive
Pending Home Sales Up in May
“Consistent job gains and rising wages are modestly helping the housing market,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up in May
Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Greystar will pay triple damages to the servicemembers who paid the early termination charges. Continue Reading Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
High construction costs are seen as a challenge to this sector’s growth. Continue Reading Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
Blackfin Real Estate Investors Acquires First Property in Georgia
Sage Creek Apartments was built in 2016 and encompasses one- and two-bedroom apartments ranging from 812 to 1,076 square feet. Continue Reading Blackfin Real Estate Investors Acquires First Property in Georgia
Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
Espace Canevas will be based at the site of the former Village Cartier shopping center. Continue Reading Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
A Phil Hall Op-Ed: Did the Real Estate Industry Help a Socialist Running for NYC Mayor?
Real estate corporations and executives invested heavily in Andrew Cuomo’s mayoral campaign, creating a backlash with New York City voters. Continue Reading A Phil Hall Op-Ed: Did the Real Estate Industry Help a Socialist Running for NYC Mayor?
HUD to Move HQ to Virginia, Displacing National Science Foundation
HUD Secretary Scott Turner has been highly critical of HUD’s longtime headquarters at the Robert C. Weaver Federal Building. Continue Reading HUD to Move HQ to Virginia, Displacing National Science Foundation
FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
No deadline was set, but Pulte asked that the directive “should be implemented as soon as reasonably practical.” Continue Reading FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
“A New York casino belongs in Times Square, and it should be designed to benefit all New Yorkers,” said Sharpton. Continue Reading Al Sharpton Recruited to Encourage Low-Income Investors for Times Square Casino Project
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