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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
Rithm Capital Buys Paramount Group for $1.6 Billion
Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...
DC Council Gives Final Approval on Commanders Stadium Project
The DC City Council voted 11-2 to move forward with the construction of a new stadium on the site of the long-defunct RFK Stadium, which will become the future home of the Washington Commanders. The 11-2 vote followed months of controversies on public funding of the...
Kansas Considers Proposal to End Property Taxes
Kansas has become the latest state to consider the elimination of property taxes. KSNT.com reports Rep. Blake Carpenter has put forth a proposal for a constitutional amendment that would eliminate property taxes, along with vehicle taxes and the state income tax....
NEWS & CURRENT EVENTS
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
The Browns planned to begin construction on the new stadium early next year. Continue Reading Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
Turkish Government Begins Crackdown on Fake Real Estate Listings
The government has begun using an electronic listing verification system designed to affirm the identity and authorization of listing owners. Continue Reading Turkish Government Begins Crackdown on Fake Real Estate Listings
Hits and Misses for the Real Estate Week of Aug. 11-15
The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. Continue Reading Hits and Misses for the Real Estate Week of Aug. 11-15
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Former Hospital Site in New Jersey to Become Mixed-Use Development
The development will also feature more than 70,000 square feet of retail and commercial space. Continue Reading Former Hospital Site in New Jersey to Become Mixed-Use Development
Final Offer Acquires Off-Market Listing Resource Private Collection
The financial terms of the deal were not disclosed. Continue Reading Final Offer Acquires Off-Market Listing Resource Private Collection
Australia Cuts Rates for First Time in Over 4 Years
The Reserve Bank of Australia announced the benchmark interest rate will be reduced by 25 basis points to 4.10%. Continue Reading Australia Cuts Rates for First Time in Over 4 Years
A Phil Hall Op-Ed: 4 Crucial Issues That Require HUD’s Attention
Editor Phil Hall opines on four issues that the new HUD Secretary Scott Turner may wish to prioritize. Continue Reading A Phil Hall Op-Ed: 4 Crucial Issues That Require HUD’s Attention
Florida Gov. DeSantis Voices Support for Eliminating Property Taxes
“Property taxes are local, not state,” DeSantis wrote in his X response. Continue Reading Florida Gov. DeSantis Voices Support for Eliminating Property Taxes
Iowa Home Sales Up Nearly 5% in January
The median sales price remained steady at $220,000, a 2.3% increase from last year. Continue Reading Iowa Home Sales Up Nearly 5% in January
Another Major Tenant to Depart Beleaguered San Francisco Centre Mall
Burke Williams’ 16,000-square-foot spa, the largest in San Francisco, has been a tenant of the mall since 2006. Continue Reading Another Major Tenant to Depart Beleaguered San Francisco Centre Mall
16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million
“The properties were contiguous with a 116-unit complex we had just sold for the owner in December 2024,” said National Multifamily Corp.’s Matt Cawley. Continue Reading 16-Unit Connecticut Multifamily Portfolio Sells for $1.55 Million
Senate Democrat Leaders Demand HUD Halt Staff Cuts
The senators added that HUD’s staffing levels dropped by more than 20% between 2012 and 2019. Continue Reading Senate Democrat Leaders Demand HUD Halt Staff Cuts
The Best State Capital to Live In Is…
Maine’s capital of Augusta ranked last among the 50 state capitals. Continue Reading The Best State Capital to Live In Is…
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