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Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
CoStar Group Inc. (NASDAQ: CSGP) has accused Zillow Group Inc. (NASDAQ: Z, ZG) of continuing to infringe on in its intellectual property despite a July lawsuit that accused the company using its copyrighted photographs without permission. CoStar Group filed a lawsuit...
Pending Home Sales on the Rise During August
Pending home sales during August marked a 4% month-over-month uptick and a 3.8% year-over-year increase, according to data from the National Association of Realtors (NAR). Regionally, pending sales rose month-over-month in the Midwest, South, and West but declined in...
Century Communities Unveils New Florida Community
Homebuilder Century Communities Inc. (NYSE: CCS) announced that their Century Complete brand will soon be offering new homes at Sable Run, a new community in Ocala, Florida. The community will offer two single-story floor plans up to 2,067 square feet and four...
NEWS & CURRENT EVENTS
First National Bank to Add 30 New Branches in Next 5 Years
Most of the planned branches will be based in North Carolina, South Carolina and the bank’s Mid-Atlantic Region spanning Maryland, Virginia and Washington, DC. Continue Reading First National Bank to Add 30 New Branches in Next 5 Years
MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
The 361-unit community opened in March 2024 and encompasses one-, two-, and three-bedroom apartments with rents starting at roughly $1,500 per month. Continue Reading MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
Broadshore Capital Partners Announces Management Buyout
The transition to full independence will not impact the firm’s day-to-day operations or client relationships. Continue Reading Broadshore Capital Partners Announces Management Buyout
Georgetown Law Professor: Trump and Pulte Attacks on Lisa Cook are ‘Illegal’ and ‘Outlandish’
“The only thing the President has to go on is the evidence adduced in FHFA Director Bill Pulte’s criminal referral letter,” said Prof. Adam J. Levitin. Continue Reading Georgetown Law Professor: Trump and Pulte Attacks on Lisa Cook are ‘Illegal’ and ‘Outlandish’
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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.
Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law
“The proposed community will never see the light of day,” said Gov. Abbott. Continue Reading Proposed Texas Development Accused of Seeking Muslim-Only Community Under Sharia Law
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
The revised forecast was mirrored by a mild upward revision for predicted existing home sales in 2025. Continue Reading Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
NAR to Layoff 61 Employees as Part of Organizational Overhaul
NAR did not provide a timeline regarding when the job cuts would occur. Continue Reading NAR to Layoff 61 Employees as Part of Organizational Overhaul
Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme
n all, Morgan Stanley suffered a total loss of $5,554,968.10 due to Jesus Rodriguez de la Cruz’s scheme. Continue Reading Former Morgan Stanley Financial Advisor Sentenced for Fraud Scheme
Caliber Launches 1031 Exchange Program
Caliber specializes in acquiring and managing multifamily residential, hospitality, and multi-tenant industrial assets in Arizona, Texas, and Colorado. Continue Reading Caliber Launches 1031 Exchange Program
Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative
Chicago under Johnson’s leadership is operating with a $1 billion deficit. Continue Reading Chicago Mayor Johnson Debuts ‘Build Better Together’ Initiative
Andrea Olshan to Step Down from Leadership at Seritage Growth Properties
Board Chairman Adam Metz, an independent member of the board since 2022, will serve as interim CEO and president. Continue Reading Andrea Olshan to Step Down from Leadership at Seritage Growth Properties
31,000 SF California Industrial Property Sells for $7.4 Million
The sale marks the final transaction involving the Southern California industrial asset portfolio acquired by the companies in 2020. Continue Reading 31,000 SF California Industrial Property Sells for $7.4 Million
Ex-Duke Football Player Charged in 2024 Killing of North Carolina Real Estate Agent
Whitney Hurd was reported missing by her family on July 11. Continue Reading Ex-Duke Football Player Charged in 2024 Killing of North Carolina Real Estate Agent
Andy Warhol’s Former Manhattan Townhouse Listed for Nearly $7 Million
Warhol lived at the property from 1960 to 1972. Continue Reading Andy Warhol’s Former Manhattan Townhouse Listed for Nearly $7 Million
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