Featured Real Estate News
NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
New York Attorney General Letitia James has filed a lawsuit against the home improvement company Attyx, formerly known as SUNco, along with its co-CEOs and its lending partners companies Solar Mosaic and WebBank for allegedly defrauding homeowners with false promises...
NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
.“Attyx preyed on vulnerable and elderly homeowners with false promises and predatory tactics,” said Attorney General Letitia James. Continue Reading NY Attorney General Files Fraud Lawsuit Against Home Improvement Company Attyx
Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77
Steve Sheetz, the convenience store executive who led the growth of his eponymous family-owned company to more than 800 locations across seven states, passed away on Jan. 4 at the age of 77 from respiratory complications following hospitalization for pneumonia....
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...
News & Current Events
Florida’s First Federal Bank Acquires NOLA Lending Group
First Federal anticipates retention of most NOLA Lending Group employees. Continue Reading Florida’s First Federal Bank Acquires NOLA Lending Group
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
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Mortgage Lender Lower Acquires Real Estate Portal Movoto
The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. Continue Reading Mortgage Lender Lower Acquires Real Estate Portal Movoto
Indiana Home Sales Up 12%
Homes sold for a statewide median price of $263,000 in April, up 5% year-over-year. Continue Reading Indiana Home Sales Up 12%
Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
“Bringing Shake Shack to Central America marks a major milestone as we continue to grow globally,” said Michael Kark, president of global licensing. Continue Reading Shake Shack Expands Into Central America, Opening 12 Eateries in Panama
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The portfolio is currently 99.7% leased to a roster of 26 tenants. Continue Reading PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio
The Cheapest Metro Area for Buying a Home Is…
The Rust Belt and the South dominate the top 10 list. Continue Reading The Cheapest Metro Area for Buying a Home Is…
Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
“There’s nothing compassionate about letting people die on the streets,” said Newsom in a statement. Continue Reading Homelessness Advocacy Groups Blast Newsom in Blaming Cities for Encampments
Patel Real Estate Holdings Tokenizes Multifamily Properties on Chintai Blockchain
“This fund represents a significant milestone in the evolution of real estate investing,” said Tejas Patel, president of Patel Real Estate Holdings. Continue Reading Patel Real Estate Holdings Tokenizes Multifamily Properties on Chintai Blockchain
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