Featured Real Estate News
Sale Price for San Francisco’s Transamerica Pyramid is Revealed
The previously undisclosed sale price of San Francisco’s iconic Transamerica Pyramid has been reported at approximately $700 million, the city’s largest office property transaction since 2021. Greet Street News confirmed the price being paid by the Cyprus-based...
Sale Price for San Francisco’s Transamerica Pyramid is Revealed
The sale is only the second time since the property’s opening in 1972 that it has changed hands. Continue Reading Sale Price for San Francisco’s Transamerica Pyramid is Revealed
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
A Michigan lawmaker has introduced legislation that would exempt homeowners from paying school-related property taxes if they do not have dependents enrolled in government-funded K-12 schools. State Rep. Steve Carra, a Republican, seeks to amend Michigan’s General...
Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
The Chicago Bears leadership is floating the possibility of moving the team across the Illinois border into Indiana to achieve a new stadium. In an open letter, President and CEO Kevin Warren stated that while the team still believed that a location in suburban...
WWE’s Former HQ Approved for Conversion into Apartment Complex
The former headquarters complex of the WWE professional wrestling operations has been approved for conversion in residential housing. The Zoning Board for the City of Stamford, Connecticut, unanimously approved plans to transition the building into 84 apartments....
News & Current Events
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
The report noted a 118% increase in visits for general illness, a 46% increase in the number of visits for heart attack, and a 24% increase in visits for pulmonary illness. Continue Reading Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10
NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
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Exclusive News
Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024
Depositories were the leading capital source for the sector’s mortgage debt last year. Continue Reading Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024
Stonepeak Launches Data Center Development Company
Montera is led by company founder and CEO Eanna Murphy, formerly a data center executive at Yondr and Google. Continue Reading Stonepeak Launches Data Center Development Company
Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties
Just over half of Canadians (51%) trust the federal government under the Liberals to deliver affordable housing across the country. Continue Reading Poll: 3 in 4 Canadians Support a Ban on Foreigners Buying Residential Properties
Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
During 2024, less than one-fifth (18%) of all Californians earned enough income to afford an $865,440 statewide median-priced detached home. Continue Reading Report: California’s Housing Affordability Gap Remains Wide for Blacks and Hispanics
Jack in the Box to Close Up to 200 Restaurants
The new program will consist of approximately 80-120 restaurant closures between now and Dec. 31. Continue Reading Jack in the Box to Close Up to 200 Restaurants
Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
The project is slated to open in 2026 at the site of a remediated former Superfund property. Continue Reading Infinite Reality to Build 60-Acre HQ Complex in Fort Lauderdale
Saks Fifth Avenue to Shut Down San Francisco Store
The retailer’s five-floor store will close on May 10. Continue Reading Saks Fifth Avenue to Shut Down San Francisco Store
Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
Attorney Abbe Lowell said the paperwork “mistakenly stated the property to be Ms. James’ principal residence.” Continue Reading Lawyer for NY AG Letitia James Demands Justice Dept. Reject Mortgage Fraud Referral
New York State’s Housing Inventory Inches Up, But Sales Remain Static
March marked the 20th consecutive month of year-over-year median home price increases. Continue Reading New York State’s Housing Inventory Inches Up, But Sales Remain Static