Featured Real Estate News
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced that its agents will be able to syndicate “Coming Soon” pre-market listings to the portals Realtor.com, Homes.com, and ComeHome.com (Google Search). The listings will be made available...
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
“If a home is being marketed to the public, consumers deserve the opportunity to see it,” said Leo Pareja, CEO of eXp Realty. Continue Reading eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
CMBS Delinquency Rate Rises to 7.47%
The delinquency rate for commercial mortgage-backed securities (CMBS) increased from 7.30% in December to January by 17 basis points to 7.47%, according to new data from Trepp Inc. One year ago, the overall CMBS delinquency rate was 6.56%. “The increase was driven by...
Australia’s Central Bank Approves First Interest Rate Hike in 3 Years
At a time when other central banks are cutting interest rates, the Reserve Bank of Australia enacted its first rate hike in three years. The central bank increased its cash rate target by 25 basis points to 3.85%, noting that Australia’s inflation “picked up...
11North Partners Hires Ekta Patel as Chief Operating Officer
The New York City-headquartered real estate investment firm 11North Partners has hired Ekta Patel as chief operating officer. In her new role, Patel will oversee firmwide operations, coordination across asset management, and platform infrastructure, supporting the...
News & Current Events
Billie Eilish Gets Roasted Online for ‘Stolen Land’ Comment at Grammy Awards
“Oh, gee, this ‘stolen land’ nonsense again?” quipped Florida Gov. Ron DeSantis. Continue Reading Billie Eilish Gets Roasted Online for ‘Stolen Land’ Comment at Grammy Awards
Tampa Bay Rays Offer to Pay for Half of Proposed New Stadium
The Tampa Bay Rays agreed to cover at least half of the cost for the proposed stadium to be constructed on the site of Hillsborough College’s Dale Mabry campus. The team’s offer is part of a document titled “Update on Tampa Bay Rays Ballpark Discussions” that was...
Virginia Duo Sentenced for Mortgage and Investment Fraud Schemes
Both Roberta Leigh Dawson and Edward Fitzgerald pled guilty last September. Continue Reading Virginia Duo Sentenced for Mortgage and Investment Fraud Schemes
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Exclusive News
Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
Last month, DeSantis pledged to put forth a “concrete proposal” that will either end or severely slash his state’s property taxes. Continue Reading Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
Eric Plesman to Become President and CEO at Oxford Properties Group
Plesman most recently served as head of global real estate at HOOPP. Continue Reading Eric Plesman to Become President and CEO at Oxford Properties Group
David S. Kallery Named President at Pacaso
Kallery most recently served as president and chief operating officer at Inspirato. Continue Reading David S. Kallery Named President at Pacaso
TenFifty Capital Launches as Lending Platform for European Commercial Real Estate
TenFifty launches with presence in Amsterdam, Berlin, London and Madrid, and it will invest throughout core European markets. Continue Reading TenFifty Capital Launches as Lending Platform for European Commercial Real Estate
Leading House Dem Calls on Pulte to Turn Over Records on Mortgage Fraud Probes of Trump Foes
“The American people have a right to understand why FHFA is reviewing decades-old mortgages,” wrote Rep. Raskin. Continue Reading Leading House Dem Calls on Pulte to Turn Over Records on Mortgage Fraud Probes of Trump Foes
Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
The overwhelming majority (89%) of boomers believe buying a home is almost always a good decision. Continue Reading Oh No, Boomer! Survey Finds 61% of Boomers Say They’ll Never Sell Their Homes
Fairway Home Mortgage in New Partnership with OpenAI
To oversee the partnership, Fairway will promote Caleb Ondrusek to executive vice president of technology and innovation. Continue Reading Fairway Home Mortgage in New Partnership with OpenAI
Newmark Opens Middle Eastern Flagship Office in Dubai
Stefan Burch will head up the new office and build the firm’s business in the region Continue Reading Newmark Opens Middle Eastern Flagship Office in Dubai
Chicago Bears Announce Move to New Suburban Stadium
Bears President and CEO Kevin Warren stated the team will be leaving its namesake city for Arlington Heights, a suburb approximately 25 miles from its current venue. Continue Reading Chicago Bears Announce Move to New Suburban Stadium