Featured Real Estate News
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Ottawa-headquartered InterRent Real Estate Investment Trust (TSX: IIP.UN) has announced that Chairman and CEO Brad Cutsey is resigning effective March 23. He will also step down as a trustee of the multifamily market-focused REIT. The company said Cutsey’s departure...
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
The company said Cutsey’s departure will enable him “to turn his attention to the next chapter of his career.” Continue Reading Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
New Report Predicts Weak Canadian Housing Market for 2026
Elevated costs, weak demand, and a growing number of unsold homes will bedevil Canada's homebuilders this year as new home construction will decline through 2028, according to the latest Housing Market Outlook released by Canada Mortgage and Housing Corporation...
Illinois Makes Renewed Effort to Keep the Chicago Bears from Going to Indiana
Illinois Gov. JB Pritzker is making a renewed push to accommodate the Chicago Bears after Indiana lawmakers have made repeated overtures to bring the team into their state. WIBC reports Pritzker and Illinois legislative leaders have agreed to a public funding package...
Property Records Platform Dono Raises $6.5 Million in Seed Round
Dono, a property records platform that digitizes paper-based county records, announced it raised a $6.5 million seed round, resulting in $10.2 million of total funding. The new funding round was led by Link Ventures with participation from lool VC and Alumni Ventures....
News & Current Events
New Presidents Named at Fathom Realty, Compass
Lori Muller and Neva Nabab will lead Fathom Realty and Compass, respectively. Continue Reading New Presidents Named at Fathom Realty, Compass
A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
The Lamont plan involves giving Connecticut residents one-time tax rebates of either $200 or $400, depending on their filing status and income levels. Continue Reading A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
The MBA also reported that 17% ($875 billion) of the $5 trillion of outstanding commercial mortgages held by lenders and investors is scheduled to mature this year. Continue Reading MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
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Exclusive News
PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
FlexIQ will replace PHH’s previously offered Gold/Silver/Bronze non-QM programs. Continue Reading PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
LendingTree Chairman and CEO Doug Lebda Dies in ATV Accident
Lebda founded LendingTree in 1996 after going through difficulties trying to secure his first mortgage. Continue Reading LendingTree Chairman and CEO Doug Lebda Dies in ATV Accident
Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
The estate provides 570 feet of shoreline along Geist Reservoir with a three-slip boat deck. Continue Reading Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
Peachtree Group Launches Equipment Finance Division
Brian Shaughnessy was named president of the new division. Continue Reading Peachtree Group Launches Equipment Finance Division
Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
“All Californians deserve an affordable place to live — close to jobs, schools, and opportunity,” said Newsom in a statement. Continue Reading Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs
Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
The 19-acre property was constructed in the 1960s as an enclosed mall and redeveloped as a mixed-use development in 2008. Continue Reading Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million
Report: Calgary Leads Canada with Greatest Property Tax Hike
The report observed that the largest municipality in every province west of Atlantic Canada recorded property tax hikes between the last two national censuses. Continue Reading Report: Calgary Leads Canada with Greatest Property Tax Hike
Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
Corcoran acquired the property in 2015 for $10 million and spent $2 million over the years to renovate it. Continue Reading Barbara Corcoran Sells Duplex Manhattan Penthouse for $13.5 Million
Report: Saudi Arabia Real Estate Market to Reach $132 Billion by 2033
The government’s Vision 2030 reform agenda is fueling this expansion. Continue Reading Report: Saudi Arabia Real Estate Market to Reach $132 Billion by 2033