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Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
Arizona Couple Sued for Running Foreclosure Rescue Schemes
Arizona Attorney General Kris Mayes has filed a lawsuit against two individuals and the more than 50 entities they controlled for allegedly running a predatory real estate scheme that defrauded homeowners of their property using phony foreclosure rescue schemes. The...
21 State Attorneys General Blast Mortgage Fraud Probe of Letitia James as ‘Harassment and Intimidation’
A coalition of 21 Democratic state attorneys general have issued a public letter condemning the US Department of Justice (DOJ) probe of New York State Attorney General Letitia James for alleged mortgage fraud, claiming it is an act of political retribution by the...
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
ECI Group has broken ground on The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage in the Savannah suburb of Richmond Hill, Georgia. The Averly Richmond Hill will feature 243 apartment-style units plus 48 three-story townhouses...
NEWS & CURRENT EVENTS
Developer to Accept Cryptocurrency Purchases in Florida Community
“We believe that the future of real estate involves both sustainability and innovation,” said Marshall Gobuty, founder and CEO of Pearl Homes. Continue Reading Developer to Accept Cryptocurrency Purchases in Florida Community
Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Redfin reported new listings of homes for sale fell 3.2% in June to the lowest seasonally adjusted level since October 2023. Continue Reading Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Trump Praises Pulte, Refuting Media Reports on Problems with the FHFA Chief
The Wall Street Journal wrote that Pulte’s “attacks on Powell have irritated some senior administration officials.” Continue Reading Trump Praises Pulte, Refuting Media Reports on Problems with the FHFA Chief
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Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Wisconsin Home Sales Inched Up in November
Also on the rise was the state’s median price – $310,000, up 8.8% from $279,900 in the prior year. Continue Reading Wisconsin Home Sales Inched Up in November
116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
National Multifamily Corp. President Matt Cawley represented the seller and procured the buyer in the transaction. Continue Reading 116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
FCP Acquires 250-Unit Florida Multifamily Community
The financial terms of the acquisition were not disclosed. Continue Reading FCP Acquires 250-Unit Florida Multifamily Community
Trinity Investments Acquires Historic Seattle Hotel
The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. Continue Reading Trinity Investments Acquires Historic Seattle Hotel
Harbor Capital Acquires Houston-Area Industrial Property
The 13 new industrial buildings at the property features spaces ranging from 5,625 to 48,750 square feet. Continue Reading Harbor Capital Acquires Houston-Area Industrial Property
Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Big Lots currently operates 963 stores nationwide. Continue Reading Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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