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Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
Report: Saudi Arabia Real Estate Market to Reach $132 Billion by 2033
The Saudi Arabia real estate market size reached $72.11 billion in 2024 and is predicted to reach $132.65 billion by 2033, with a growth rate of 7.0% during this period. According to a new report from IMARC Group, the government's Vision 2030 reform agenda is fueling...
Hits and Misses for the Real Estate Week of Oct. 6-10
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 6-10. Miss: Now, What...
Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
Closed home sales across the Mid-Atlantic region served by Bright MLS rose 6.2% year-over-year in September with 18,607 homes. Last month’s sales increase pushed the 2025 year-to-date sales total ahead of the full year’s activity of 2024. The number of new pending...
NEWS & CURRENT EVENTS
Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
Last month, DeSantis pledged to put forth a “concrete proposal” that will either end or severely slash his state’s property taxes. Continue Reading Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
Eric Plesman to Become President and CEO at Oxford Properties Group
Plesman most recently served as head of global real estate at HOOPP. Continue Reading Eric Plesman to Become President and CEO at Oxford Properties Group
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
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Flagstar Bank, Zion Bancorp, Valley National Bank, Synovus Bank, Umpqua Bank and Old National Bank were cited as the banks most at risk. Continue Reading Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Former Quebec Penitentiary to be Transferred to Canada Lands Company
CLC’s plans for the site were not announced. Continue Reading Former Quebec Penitentiary to be Transferred to Canada Lands Company
Denver’s Rampart Medical Campus Sells for $8.6 Million
The two buildings last changed hands in December 2019 in an $18.8 million transaction. Continue Reading Denver’s Rampart Medical Campus Sells for $8.6 Million
Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
Brown is a senior vice president of The RMR Group (NASDAQ: RMR), an alternative asset management company. Continue Reading Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
Rocket Companies Acquires Redfin for $1.75 Billion
“Rocket and Redfin have a unified vision of a better way to buy and sell homes,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies Acquires Redfin for $1.75 Billion
Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme
Okechukwu Josiah Odunna, was arrested by Nigerian authorities last September. Continue Reading Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme
HUD Delays Biden’s Energy Codes Implementation for 6 Months
NAHB Chairman Buddy Hughes called this “an important step forward to help ease the nation’s housing affordability crisis.” Continue Reading HUD Delays Biden’s Energy Codes Implementation for 6 Months
CVS to Open 12 Mini-Stores Focused on Pharmacy Services
CVS is planning to close 270 locations this year after 800 net closures during the past three years. Continue Reading CVS to Open 12 Mini-Stores Focused on Pharmacy Services
SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
The regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will be moved in the coming months. Continue Reading SBA to Relocate Regional Offices Out of 6 Sanctuary Cities
Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
xAI’s specific plans for the facility were not disclosed in the news announcement. Continue Reading Elon Musk’s xAI Buys 1 Million SF Facility in Memphis
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