Featured Real Estate News
JLL Names Mark Kreisman as Global Division President for Financial Services
Chicago-based JLL (NYSE: JLL) has appointed Mark Kreisman as its new global division president for the financial services division. In his new role, Kreisman will oversee a global portfolio of approximately one billion square feet, guiding banking, financial services,...
JLL Names Mark Kreisman as Global Division President for Financial Services
Kreisman has been with JLL for over 18 years and was most recently global head of corporate real estate. Continue Reading JLL Names Mark Kreisman as Global Division President for Financial Services
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Illinois Gov. JB Pritzker is acknowledging that his state’s property taxes are too high, but he insists he has no control over the situation. Capital City Now reports Pritzker absolved himself and the state legislature of being responsible for property tax hikes,...
Ryan Griffin Named President at Home Run Financing
Home Run Financing, a Los Gatos, California-based provider of residential Property Assessed Clean Energy (PACE) financing, announced the promotion of Ryan Griffin to president. Griffin joined Home Run Financing in 2019 as vice president of compliance and corporate...
Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
Smart Capital Center, a San Francisco-based platform for commercial real estate underwriting, loan origination and asset management, announced the launch of Fraud Alerts, a new artificial intelligence capability designed to detect inconsistencies, anomalies, and...
News & Current Events
Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment Fraud Scheme
Jean Joseph, also known as “Jon,” of Boca Raton, pleaded guilty to conspiracy to commit money laundering. Continue Reading Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment Fraud Scheme
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes
“We are choosing to say that the people who own homes really are more important,” said Sen. Sonya Halpern (D-Atlanta). Continue Reading Georgia Senate Approves Bill Creating New Sales Tax to Help Lower Property Taxes
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Exclusive News
Public Storage Acquires National Storage Affiliates for $10.5 Billion
The combined company is expected to have a pro forma equity market capitalization of approximately $57 billion and total enterprise value of approximately $77 billion. Continue Reading Public Storage Acquires National Storage Affiliates for $10.5 Billion
Landlord Insurance Service Steadily Debuts ChatGPT App
“Property investors are already using AI to analyze deals, evaluate rental markets, and model cash flow,” said Darren Nix, CEO and co-founder of Steadily. Continue Reading Landlord Insurance Service Steadily Debuts ChatGPT App
A Phil Hall Op-Ed: Trump Takes Another Look at Affordable Homeownership
Is affordable homeownership a serious concern of the White House? Continue Reading A Phil Hall Op-Ed: Trump Takes Another Look at Affordable Homeownership
Florida Legislature Session Ends Without Property Tax Relief Proposal
Gov. Ron DeSantis has yet to call for a special session. Continue Reading Florida Legislature Session Ends Without Property Tax Relief Proposal
Beachwold Residential Acquires Connecticut Multifamily Complex for $78 Million
The complex was roughly 85% occupied at the time of the sale. Continue Reading Beachwold Residential Acquires Connecticut Multifamily Complex for $78 Million
California State Parks Sues Alarm Company Over Bidwell Mansion Fire
The department is seeking $38 million in damages. Continue Reading California State Parks Sues Alarm Company Over Bidwell Mansion Fire
Report: FHFA’s Bill Pulte Receives Security Detail from Dept. of Health and Human Services
The FHFA is an independent agency not connected to an Executive Branch department. Continue Reading Report: FHFA’s Bill Pulte Receives Security Detail from Dept. of Health and Human Services
Dream Finders Homes Named Official Home Builder of the Tampa Bay Rays
Dream Finders Homes will also be featured as the Official Home Builder of the Tampa Bay Rowdies, the professional soccer team owned by the Rays. Continue Reading Dream Finders Homes Named Official Home Builder of the Tampa Bay Rays
Federal Judge Blocks DOJ Subpoenas of Fed Chairman Powell
“This outrageous decision will be appealed by the Department of Justice,” said Jeanine Pirro, US Attorney for Washington, DC. Continue Reading Federal Judge Blocks DOJ Subpoenas of Fed Chairman Powell