Featured Real Estate News
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
The 30-year fixed-rate mortgage inched up to 6.00% as of March 5, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it fell below the 6.00% mark for the first time since 2022, averaging 5.98%. A year ago at this time,...
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal
Larry Ellison, the chairman of the software company Oracle, has sold his mansion on San Francisco’s Gold Coast for $45 million. The Wall Street Journal reports the sale of the Pacific Heights property occurred last month in an unpublicized off-market transaction. The...
Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents
The Department of Homeland Security (DHS) has called out the Hilton Hotels Corp. (NYSE: HLT) for canceling and refusing reservations by ICE agents in the Minneapolis area. DHS posted to its X account, “NO ROOM AT THE INN! @HiltonHotels has launched a coordinated...
Florida’s First Federal Bank Acquires NOLA Lending Group
Lake City, Florida-headquartered First Federal Bank has acquired NOLA Lending Group, the mortgage division of New Orleans-based Fidelity Bank. Under the terms of the agreement, First Federal Bank will purchase NOLA Lending Group assets and will continue to serve...
News & Current Events
QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
QXO stated that investment will fund at least one acquisition through July 15. Continue Reading QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico
The 25,000-square-foot church property opened in 1950 and was listed on the National Register of Historic Places in 2011. Continue Reading Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico
Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Upon completion of the deal, Minto will cease to become a publicly traded company. Continue Reading Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
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Exclusive News
Home Depot Follows QXO’s Lead with Unsolicited Bid for GMS Inc.
QXO set a June 24 deadline for GMS to reply to its solicitation. Continue Reading Home Depot Follows QXO’s Lead with Unsolicited Bid for GMS Inc.
Sara Burack, Agent on ‘Million Dollar Beach House,’ Killed by Hit-and-Run Driver
Burack was an agent with Nest Seekers International, representing upscale properties in Manhattan and the Hamptons. Continue Reading Sara Burack, Agent on ‘Million Dollar Beach House,’ Killed by Hit-and-Run Driver
Jimmy Burgess Named Chief Coaching Officer at HomeServices of America
Burgess will lead the design and implementation of agent and leadership coaching across the HomeServices enterprise. Continue Reading Jimmy Burgess Named Chief Coaching Officer at HomeServices of America
Pacaso Expands into the Italian Market
Last month, Pacaso announced it reserved the ticker symbol “PCSO” on the Nasdaq Stock Market. Continue Reading Pacaso Expands into the Italian Market
Latvia Bans Property Purchases by Russia and Belarus Nationals
Earlier this year, Finland created a new law prohibiting property acquisition by Russian nationals. Continue Reading Latvia Bans Property Purchases by Russia and Belarus Nationals
Grocery Chain Threatens to Close All Stores if NYC Elects Socialist Mayor
John Catsimatidis declared, “We can’t compete with Mamdani opening city run supermarkets for free.” Continue Reading Grocery Chain Threatens to Close All Stores if NYC Elects Socialist Mayor
Massachusetts CPA Pleads Guilty to Role in Commercial Lender Fraud
Chrstine Gendron pleaded guilty to one count of conspiracy to commit bank fraud Continue Reading Massachusetts CPA Pleads Guilty to Role in Commercial Lender Fraud
New Orleans’ Historic Carver Theatre to be Sold at Auction
The property spans 17,613 square feet on two floors with bar and concession areas, private balconies, a backstage “Green Room”, and secure parking. Continue Reading New Orleans’ Historic Carver Theatre to be Sold at Auction
Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
The new community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. Continue Reading Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas