Featured Real Estate News
Florida Property Manager Sought by Police for Embezzling HOAs
A Florida property manager is being sought by police after investigators determined she embezzled hundreds of thousands of dollars from homeowners' associations to finance her personal lifestyle. WGME reports the Martin County Sheriff’s Office issued a warrant for...
Florida Property Manager Sought by Police for Embezzling HOAs
Alexandra Delacaridad Gonzalez’s whereabouts are unknown. Continue Reading Florida Property Manager Sought by Police for Embezzling HOAs
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
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....
News & Current Events
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 weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
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
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Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Multifamily Developer Confidence Rises in Q3
But confidence levels are still in negative territory. Continue Reading Multifamily Developer Confidence Rises in Q3
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Bjelac most recently served in the same position at Carrington Mortgage Services. Continue Reading Foundation Mortgage Names Samuel Bjelac as SVP for National Sales, TPO
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors in more affordable states were focused on lower-priced and entry-level homes. Continue Reading Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
Commercial/Multifamily Borrowing Surged During Q3
Originations for office, retail, hotel, and multifamily properties fueled the year-over-year upswing. Continue Reading Commercial/Multifamily Borrowing Surged During Q3
Denver Broncos Submit Preliminary Plan for New Stadium
The team unveiled its plans for a new stadium in September, with the goal of having the facility opened in time for the 2031 NFL season. Continue Reading Denver Broncos Submit Preliminary Plan for New Stadium