Featured Real Estate News
Existing Home Sales Up by 1.7% in February
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
31-Story Build-to-Rent Community Opens in Liverpool
Starlight Investments, the Toronto-headquartered real estate investment and asset management firm, announced the grand opening of Lighthaus, a 31-story build-to‑rent (BTR) community in Liverpool, England. Lighthaus features 278 units consisting of studio, one-, two‑,...
Six Flags Sells 7 Amusement Parks for $331 Million
Six Flags Entertainment Corporation (NYSE: FUN) announced it is selling seven of its amusement parks to EPR Properties (NYSE: EPR) for $331 million. The parks included in the transaction are Valleyfair (Minneapolis), Worlds of Fun (Kansas City, Missouri), Michigan’s...
Brad Bazley Joins Perform Properties as Chief Technology Officer
Perform Properties, a Blackstone Real Estate portfolio company focused on high-performing retail and office properties, announced the appointment of Brad Bazley as senior vice president and chief technology officer. In his new role, Bazley will spearhead the company’s...
News & Current Events
Nashville Businesses Protest Rising Property Taxes
Mayor Freddie O’Connell explained that taxes are higher because local property valuations have increased. Continue Reading Nashville Businesses Protest Rising Property Taxes
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
61% of respondents stated that home prices being too high was their biggest barrier to buying. Continue Reading Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
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HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
HUD noted it is only serving one-quarter of eligible Americans in need of housing assistance. Continue Reading HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
The 47-acre Palms Crossing is currently 98% leased and is anchored by Best Buy, Hobby Lobby, Burlington Coat Factory, Barnes & Noble and Nike. Continue Reading CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
The property is a five-story, 7,850-square-foot commercial building located on the Upper East Side of Manhattan. Continue Reading Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
Michael Sartori Promoted to CFO at Dynex Capital
Sartori joined the company as assistant controller in 2013. Continue Reading Michael Sartori Promoted to CFO at Dynex Capital
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