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Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
WWE’s Former HQ Approved for Conversion into Apartment Complex
The former headquarters complex of the WWE professional wrestling operations has been approved for conversion in residential housing. The Zoning Board for the City of Stamford, Connecticut, unanimously approved plans to transition the building into 84 apartments....
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
An unusually high number of people developed a heart attack, lung complications, or general illness within 90 days after the start of the January 2025 wildfires in Los Angeles County, according to a new study from Cedars-Sinai Medical Center. Investigators collected...
NEWS & CURRENT EVENTS
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
He was also sentenced to four years of supervised release and ordered to pay $2.16 million in restitution to the victims. Continue Reading Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
Newmark Grows Global Presence in Korea and Middle East
The new South Korean office is based in the capital city of Seoul and will be led by John Pritchard serving as managing director and country head. Continue Reading Newmark Grows Global Presence in Korea and Middle East
New Coalition Seeks to Protect Quartz Industry Jobs
“The US quartz industry is an American success story built by small and family-owned American businesses,” said Rupesh Shah, co-CEO of the distributor M S International. Continue Reading New Coalition Seeks to Protect Quartz Industry Jobs
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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.
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Execution Date Set for Killer of 2 Georgia Realtors
Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. Continue Reading Execution Date Set for Killer of 2 Georgia Realtors
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
The survey found that 65.3% of Indiana districts already reduced or will reduce support staff, while 55.8% have already reduced or will reduce teaching staff. Continue Reading Indiana School Officials Complain Property Tax Reforms Disrupting Their Operations
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
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