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RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
Report: 72% More Condo Sellers Than Buyers
A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
Massachusetts Real Estate Broker Indicted on Embezzlement Charges
The owner of a defunct Massachusetts real estate brokerage has been indicted for embezzlement. Boston 25 News reports Stephen D. Webster, broker and principal with Success! Real Estate in Marshfield, was accused of detouring more than $11.6 million in client escrow...
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
Getty Realty Corp. (NYSE: GTY), a New York City-headquartered REIT focused on convenience and automotive retail real estate, announced its acquisition of 12 convenience stores for $100 million along with a long-term, unitary net lease with a subsidiary of Now &...
NEWS & CURRENT EVENTS
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
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Move Drops Trade Secrets Lawsuit Against CoStar Group
“This lawsuit was a PR stunt from the start – ridiculous, and totally devoid of merit,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading Move Drops Trade Secrets Lawsuit Against CoStar Group
Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement
Among the groups seeking to maintain the settlement are the National Fair Housing Alliance, the American Civil Liberties Union, and the Consumer Federation of America. Continue Reading Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement
FEMA Launches Flood Insurance Premium Quoting Tool
. FEMA noted that 40% of NFIP flood insurance claims occur outside high hazard areas. Continue Reading FEMA Launches Flood Insurance Premium Quoting Tool
A Phil Hall Op-Ed: Are GNC Stores Giving Servicemember Data to the Chinese Government?
Why is freshman Rep. Pat Harrington raising concerns over GNC stores on US military bases? Continue Reading A Phil Hall Op-Ed: Are GNC Stores Giving Servicemember Data to the Chinese Government?
Father-Son Duo Indicted for Fraud in Bond Offerings Tied to Sports Complex
Legacy Park opened in January 2022, but within months it failed to generate enough revenue to make the monthly bond payments. Continue Reading Father-Son Duo Indicted for Fraud in Bond Offerings Tied to Sports Complex
Knightvest Capital Names Madison Tappan Chief Investment Officer
Tappan will oversee Knightvest’s acquisition strategy and lead efforts to expand the firm’s multifamily portfolio in key Sun Belt markets. Continue Reading Knightvest Capital Names Madison Tappan Chief Investment Officer
KeyBank Debuts Grant Program for Community Development Financial Institutions
The KeyBank Foundation intends to award one $200,000 grant to an exemplary CDFI in each of the bank’s 27 markets. Continue Reading KeyBank Debuts Grant Program for Community Development Financial Institutions
Former Kraken Executives Buy Majority Stake in Janover
Janover’s founder Blake Janover will remain on the board. Continue Reading Former Kraken Executives Buy Majority Stake in Janover
New Advocacy Campaign Aims to Highlight Housing Issues During Canada’s Election
“We’ve come together as a coalition with a plan to protect Canadians and build a resilient housing system,” said Tim Richter, president of the Canadian Alliance to End Homelessness. Continue Reading New Advocacy Campaign Aims to Highlight Housing Issues During Canada’s Election
Nine Big Lots Stores to Reopen This Week
The reopened stores include three locations in Tennessee and single locations across Kentucky, Louisiana, Mississippi and North Carolina. Continue Reading Nine Big Lots Stores to Reopen This Week
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