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SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
SITE Centers Corp. Sells 5 Retail Plazas
The company did not identify the buyers of the properties. Continue Reading SITE Centers Corp. Sells 5 Retail Plazas
New Home Sales Surge by 20.5%
Sales of new single-family houses in August were at a seasonally adjusted annual rate of 800,000, a 20.5% surge from the July rate of 664,000 and a 15.4% rise above the August 2024 rate of 693,000. According to estimates released by the US Census Bureau and the...
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
The Department of Justice (DOJ) has acquiesced to President Trump’s demands that mortgage fraud investigation of New York Attorney General Letitia James move forward. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the case is...
Mortgage Application Activity Records Slight Uptick
Mortgage applications inched up at a mild pace during the week ending Sept. 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a 0.6% uptick on a seasonally...
NEWS & CURRENT EVENTS
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store. Continue Reading Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
Dillard’s Buys Dallas-Area Mall for $34 Million
The 638,000-square-foot Longview Mall opened in 1978. Continue Reading Dillard’s Buys Dallas-Area Mall for $34 Million
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
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Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
The property had been the subject of a mixed-use development proposal encompassing housing, resort, and commercial uses. Continue Reading Conservation Group Buys 3,100-Acre New York Forest Parcel for $6.2 Million
Rocket Mortgage to Exit the Canadian Market
Rocket Mortgage plans to complete its exit from the market by June 27. Continue Reading Rocket Mortgage to Exit the Canadian Market
Bipartisan Bill Seeks to Expand Section 8 Voucher Program
The bill would also “encourage HUD to reform its annual evaluation of PHAs to promote an increase in the diversity of neighborhoods where vouchers are used.” Continue Reading Bipartisan Bill Seeks to Expand Section 8 Voucher Program
Study: Municipal Fees Drive Up Canadian Homebuilding Costs
CHBA predicted the 2022-2031 period will become the decade with the fewest homes built per new persons added to the Canadian population since at least 1972. Continue Reading Study: Municipal Fees Drive Up Canadian Homebuilding Costs
Executive Shake-Up at loanDepot
Frank Martell will step down as president, CEO and a board member. Continue Reading Executive Shake-Up at loanDepot
Matthew Cenedella Named CFO at National Association of Realtors
Cenedella will succeed NAR’s longtime CFO John Pierpoint, who will retire at the end of the month. Continue Reading Matthew Cenedella Named CFO at National Association of Realtors
Tulsa’s McGraw Realtors Acquires Arkansas Brokerage
McGraw was founded in 1938 and operates 21 offices across Oklahoma, Arkansas, and Colorado. Continue Reading Tulsa’s McGraw Realtors Acquires Arkansas Brokerage
Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
The Whitford of Dublin will host a groundbreaking ceremony on April 8. Continue Reading Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
The new initiative is a projected 5% increase over Habitat’s most recent baseline production of 3,482 housing units. Continue Reading Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
Beazer Homes Launches Charity Home Insurance Agency
Beazer Homes is partnering with Westwood Insurance Agency to power Charity Home Insurance Agency. Continue Reading Beazer Homes Launches Charity Home Insurance Agency
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