Featured Real Estate News
Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million
The Chapel Hill, North Carolina-based private equity firm Prudent Growth Partners LLC has completed its $7.6 million acquisition of Hampton Cove Shops, a 41,681-square-foot retail center located in Owens Cross Roads, Alabama. Located in the Huntsville metro area, the...
Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million
Located in the Huntsville metro area, the center was constructed in 2008 and is 96.64% leased. Continue Reading Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million
Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation
The owners of the Los Angeles house owned by Marilyn Monroe when she died 1962 have filed a lawsuit against the city for belatedly designating it a historic-cultural monument, thus preventing them from demolishing the property. Courthouse News reports Brinah Milstein...
Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
A trio of financial services industry trade groups – the Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America – are lobbying the Trump administration to consider three actions that they claim could lower borrowing...
Indiana State Senate Approves Bill to Create a Stadium for the Chicago Bears
The campaign to bring the Chicago Bears to Northwest Indiana picked up more momentum in the Hoosier State’s legislature. NBC Chicago reports Indiana’s Senate passed SB 27 on Wednesday that creates the Northwest Indiana Stadium Authority. The new agency will be...
News & Current Events
Mike Dunleavy Named CEO at Van Metre Companies
Dunleavy joined the company in 2018 as vice president of finance for investment properties and was the company’s chief financial officer since March 2024. Continue Reading Mike Dunleavy Named CEO at Van Metre Companies
Federal Reserve Hits Pause Button on Rates
The Fed added it remained “strongly committed to supporting maximum employment and returning inflation to its 2% objective.” Continue Reading Federal Reserve Hits Pause Button on Rates
Bright MLS Hires Rajeev Sajja as Chief Artificial Intelligence Officer
Sajja most recently served as senior vice president of digital marketing and innovation at Berkshire Hathaway HomeServices Fox & Roach Realtors in Devon, Pennsylvania. Continue Reading Bright MLS Hires Rajeev Sajja as Chief Artificial Intelligence Officer
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Exclusive News
Edmonton Duo Charged with Real Estate Investing Scam
Yuvraj Verma and Rohit Sethi used several corporations to raise approximately $6.8 million from investors for an Edmonton-based real estate project. Continue Reading Edmonton Duo Charged with Real Estate Investing Scam
Report: Bessent Curses and Threatens Pulte During DC Private Party
Ultimately, there was no violence – Bessent and Pulte were seated at opposite ends of the dinner table and there was no further disruption. Continue Reading Report: Bessent Curses and Threatens Pulte During DC Private Party
Property Insurance Costs Grow 11.3%
California saw the largest increases in the first half of the year, with premiums in Los Angeles up 9% in six months and 19.5% year-over-year. Continue Reading Property Insurance Costs Grow 11.3%
Black Homeownership Rate Drops to 4-Year Low
The homeownership rate decline occurred as the Black unemployment rate reached 7.2% as of July, up from 6.3% one year before and the highest level since October 2021. Continue Reading Black Homeownership Rate Drops to 4-Year Low
Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
The legislation creates $50 million per year in grants for communities that adopt policies removing barriers to affordable housing on property owned by faith-based organizations or colleges. Continue Reading Senate Democrats Debut Bill to Assist Faith-Based Groups in Creating Affordable Housing
Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
Tax officials in Bloomfield Township, Michigan, said the Pultes’ exemption was being immediately revoked. Continue Reading Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
California Construction Firm CEO Arrested on Loan Fraud Charges
If convicted, Joey Wayne Mackey faces a maximum statutory penalty of 30 years in prison and a $1 million fine. Continue Reading California Construction Firm CEO Arrested on Loan Fraud Charges
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States
The new collaboration is designed to provide enough energy to power the equivalent of approximately 4.5 million homes or 60 new data centers. Continue Reading TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States