Featured Real Estate News
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
The purchase rights to the San Francisco Centre, the once-grand 1.5 million-square-foot mall that was shuttered in January, has been awarded to a partnership of Presidio Bay Ventures and Prado Group. The San Francisco Chronicle, citing input from unnamed “sources with...
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
It is unclear what the companies plan to do with the property. Continue Reading Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
Iowa Democrats Offer Property Tax Relief Plan
Democrats in Iowa’s House of Representatives have proposed a property tax relief plan that would freeze rates for seniors and offer rebates for all homeowners. KEYC reports the proposal sets a 4% limit on the annual increases for property taxes beginning in 2028 while...
Compass Announces New Team to Serve Chicago Area
Compass Inc. (NYSE: COMP) announced the recruitment of Chicago-area industry veterans Charlie Cohen and Alex Morsch to launch a five-agent team called Cohen Morsch. Before joining Cross Street, Cohen spent more than a decade at Ridgetree Properties, where he focused...
Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77
Steve Sheetz, the convenience store executive who led the growth of his eponymous family-owned company to more than 800 locations across seven states, passed away on Jan. 4 at the age of 77 from respiratory complications following hospitalization for pneumonia....
News & Current Events
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
The 10,742-square-foot property was built 1958 and was acquired by Ellison around 1988 for $3.9 million. Continue Reading Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
The cancelation email said Hilton was “not allowing any ICE or immigration agents to stay at our property.” Continue Reading Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
Florida’s First Federal Bank Acquires NOLA Lending Group
First Federal anticipates retention of most NOLA Lending Group employees. Continue Reading Florida’s First Federal Bank Acquires NOLA Lending Group
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The Best- and Worst-Run Cities of 2025 Are…
WalletHub cited Provo’s 5.2% business growth rate, low violent crime and property crime rates, and a median household income growing at nearly 8.4%. Continue Reading The Best- and Worst-Run Cities of 2025 Are…
Illinois Home Sales Down as Prices Continue to Rise
The state’s median sales price took a 5% year-over-year rise to $315,000. Continue Reading Illinois Home Sales Down as Prices Continue to Rise
Former NFL Player Sentenced in Real Estate Embezzlement Scheme
Chris Harrison played with the Detroit Lions from 1996 to 1998 and was with the Baltimore Ravens in 1999. Continue Reading Former NFL Player Sentenced in Real Estate Embezzlement Scheme
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
“The longer someone has owned their home, the more likely they are to come out ahead,” said Redfin Senior Economist Asad Khan. Continue Reading Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
Wisconsin Home Sales Down While Listings and Prices Rise
The Wisconsin Housing Affordability Index had a value of 124 in May last month, up 5.1% from the value of 118 set in May 2024. Continue Reading Wisconsin Home Sales Down While Listings and Prices Rise
Case-Shiller Index Records 2.7% Annual Gain in April
Separately, the Federal Housing Finance Agency reported house prices were down 0.4% in April from March. Continue Reading Case-Shiller Index Records 2.7% Annual Gain in April
Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million
The acquired property is the largest mall in North Carolina’s Research Triangle area. Continue Reading Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million
Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate
She will report directly to Anywhere President and CEO Ryan Schneider and will serve on the company’s executive committee. Continue Reading Barri Rafferty to Lead PR/Government Relations at Anywhere Real Estate
Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy
“Europe has had 10 cuts, we have had ZERO,” said Trump on Truth Social. Continue Reading Trump Tells Congress to Pressure ‘Very Dumb, Hardheaded’ Powell Over Rate Policy