Featured Real Estate News
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX), has acquired West Boston Medical Center, a medical outpatient complex located in the Greater Boston suburb of Watertown, Massachusetts, for approximately $32 million. The property...
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
The property totals approximately 53,000 square feet and is 100% leased to a single tenant. Continue Reading JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
The Federal Home Loan Bank of New York (FHLBNY) announced a $225 million investment in a New York City Housing Development Corporation (HDC) bond issuance designed to create, rehabilitate, or preserve 6,320 units of affordable housing across an array of HDC’s housing...
Teen Daughter of Geneva Financial’s Owners to Compete in F1 Academy Racing Season
Not every mortgage industry executive can claim to have a teenage child who is a world-recognized racing driver, but Geneva Financial owners Aaron and Telle VanTrojen can proudly highlight the accomplishments of their 15-year-old daughter, Formula One (F1) racer...
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues
The Trump administration has issued an all-hands-on-deck call to come up with plans to address the problems impacting affordable homeownership. In a Fox News Sunday interview, White House economic council director Kevin Hassett stated the focus on lowering housing...
News & Current Events
Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
All the remaining investors lost their entire investments, totaling $2.4 million. Continue Reading Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges
Ohio Governor Signs 5 Property Tax Relief Bills into Law
Gov. DeWine said the bills provide “meaningful relief” compared to a potential ballot measure that would eliminate property taxes. Continue Reading Ohio Governor Signs 5 Property Tax Relief Bills into Law
Pittsburgh City Council Approves 20% Property Tax Hike
Mayor Ed Gainey has 10 days to decide whether to accept or veto the spending plan. Continue Reading Pittsburgh City Council Approves 20% Property Tax Hike
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Exclusive News
Appraisal Institute VP Steps Away from Public Duties After Accusations of Sexual Harassment
Craig Steinley has not resigned, nor has the Appraisal Institute forced him to give up his position. Continue Reading Appraisal Institute VP Steps Away from Public Duties After Accusations of Sexual Harassment
Edmonton Condo Complex Evacuated Over Collapse Concerns Sold for $5.1 Million
Castledowns Pointe was built in 1999, but the complex’s problems became visible when acute structural flaws were discovered in 2023. Continue Reading Edmonton Condo Complex Evacuated Over Collapse Concerns Sold for $5.1 Million
Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Redfin and Zillow published rental housing data reports with little common ground. Continue Reading Is Renting Less or More Expensive? It Depends Which Data Report You Cite
Developer Pleads Guilty for $13 Million Scams Involving Latin American Real Estate Projects
Barry Breeman was charged with and pleaded guilty to one count of securities fraud. Continue Reading Developer Pleads Guilty for $13 Million Scams Involving Latin American Real Estate Projects
‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments
“There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. Continue Reading ‘There Are No More Excuses’ — Newsom Tells California Cities to Remove Homeless Encampments
Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. Continue Reading Purple Pepe Memecoin Gains First Acceptance as Real Estate Payment
Report: Typical Home Sold in 2024 Was 36 Years Old
Only 9% of US homes were built in the 2010s. Continue Reading Report: Typical Home Sold in 2024 Was 36 Years Old
California Housing Affordability Level Improves Slightly
Compared with California, more than one-third (37%) of the nation’s households could afford to purchase a $402,300 median-priced home. Continue Reading California Housing Affordability Level Improves Slightly
Sharia-Compliant Real Estate Investment Fund to Focus on New Jersey Market
The fund was created by Apex Capital Group, a Princeton, New Jersey-based real estate investment firm. Continue Reading Sharia-Compliant Real Estate Investment Fund to Focus on New Jersey Market