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Hits and Misses for the Real Estate Week of March 2-6
A Maine village is listed for sale, a Chicago stadium controversy that doesn’t involve the Bears, and was a Florida man kidnapped by dolphins and forced to build an underwater multifamily property made of coral? From the wild and woolly world of real estate, here are...
Hits and Misses for the Real Estate Week of March 2-6
A Maine village is listed for sale, a Chicago stadium controversy that doesn’t involve the Bears, and was a Florida man kidnapped by dolphins and forced to build an underwater multifamily property made of coral? Continue Reading Hits and Misses for the Real Estate Week of March 2-6
SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The US Small Business Administration (SBA) has published a regulatory guidance titled “Addressing State and Local Failures to Rebuild Los Angeles After Wildfire Disasters” that will enable allow builders to self-certify compliance with substantive state and local...
Saks Off 5th to Close Most of its Stores
Saks Global, the parent company of the Saks Fifth Avenue department store chain, it is closing 62 of its 70 Saks Off 5th discount outlets as part of its bankruptcy protection restructuring. The Wall Street Journal reports the stores targeted for closing will begin...
Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Hanover Bancorp Inc. (NASDAQ: HNVR), the Mineola, New York-based bank holding company for Hanover Community Bank, has hired William J. Newham III as executive vice president and chief commercial real estate lending officer. Prior to joining Hanover Bank, Newham was...
News & Current Events
Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
Warsh previously served as a governor on the Fed’s Board of Governors from 2006 through 2011. Continue Reading Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
While the Constitution guarantees the right to peaceably assemble, it does not guarantee the right to physically or economically destroy someone else’s business. Continue Reading A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
Georgia GOP Lawmakers Propose Ending Homestead Property Taxes by 2032
The proposal encourages local governments and schools to consider other options to compensate for the decrease in property tax revenue. Continue Reading Georgia GOP Lawmakers Propose Ending Homestead Property Taxes by 2032
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Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
The proposal would have the golf venue turned into an affordable housing site. Continue Reading NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
Juan Valoy was not a licensed broker and did not have permission from the apartments’ owners to show their residences. Continue Reading NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
The sale will also encompass a 44,000-square-foot surface parking lot with 142 spaces and 65 underground parking spaces. Continue Reading K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Holding a special session does not guarantee that any legislation would pass. Continue Reading Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
FHFA Withdraws Three Biden-Era Proposed Rules
The FHFA made the announcement of the withdrawals in the Federal Register, stating it no longer planned to issue final rules for the proposals. Continue Reading FHFA Withdraws Three Biden-Era Proposed Rules
One in Six Home Sellers Dropped Their Asking Price
The typical home that sold in August went for 3.8% less than its original asking price—the steepest discount for that month since 2019. Continue Reading One in Six Home Sellers Dropped Their Asking Price
Toronto Home Sales and Listings Rise While Prices Drop
A rate cut by the Bank of Canada was credited with the new activity. Continue Reading Toronto Home Sales and Listings Rise While Prices Drop
reAlpha Mortgage Expands into Nevada Marketplace
With the new Nevada operations, reAlpha Mortgage is now licensed in 31 states. Continue Reading reAlpha Mortgage Expands into Nevada Marketplace