Featured Real Estate News
Parkspring Multifamily to Break Ground on 240-Unit Texas Apartment Community
Parkspring Multifamily, a Texas-based real estate investment and development firm, is set to break ground on The Lucille, a Class A garden-style apartment community Fredericksburg, Texas. Located on a 14.28-acre site, the community will feature 240 residences across...
Parkspring Multifamily to Break Ground on 240-Unit Texas Apartment Community
Parkspring Multifamily highlighted Fredericksburg’s growing regional connectivity to Austin and San Antonio. Continue Reading Parkspring Multifamily to Break Ground on 240-Unit Texas Apartment Community
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
Blake Floyd Cozzens of Cedar City, Utah, was sentenced today to 25 months’ imprisonment for wire fraud and bank fraud for embezzling money from homeowners associations (HOAs), property owners, and tenants, as well as fraudulently obtaining money from a bank and a...
Report: Median Asking Rent Down for 28th Straight Month
The median asking rent for 0–2 bedroom units fell for the 28th consecutive month on a year-over-year basis during November, according to the Realtor.com November Rental Report. The national median is now at $1,693, down $17 (or 1.0%) from last November. However, it is...
Newmark Grows Global Presence in Korea and Middle East
Newmark Group Inc. (NASDAQ: NMRK) is growing its global presence with the opening of its first office in South Korea and the expansion of its team focused on the Middle East. The new South Korean office is based in the capital city of Seoul and will be led by John...
News & Current Events
New Coalition Seeks to Protect Quartz Industry Jobs
“The US quartz industry is an American success story built by small and family-owned American businesses,” said Rupesh Shah, co-CEO of the distributor M S International. Continue Reading New Coalition Seeks to Protect Quartz Industry Jobs
Von Maur Department Stores to Open First New Jersey Location
The three-level, approximately 164,000 square foot Von Maur location expects to employ approximately 150 full-time and part-time associates. Continue Reading Von Maur Department Stores to Open First New Jersey Location
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
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Exclusive News
The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
The acquisition and renovation are being financed through Low Income Housing Tax Credits and tax-exempt bonds. Continue Reading The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
Emory University Receives $5 Million for New Real Estate Center
The newly announced BL Harbert Real Estate Center will be designed to equip students to excel as real estate entrepreneurs and practitioners. Continue Reading Emory University Receives $5 Million for New Real Estate Center
Proposal Would Turn Louisiana School into Affordable Housing for Teachers
East Baton Rouge Superintendent LaMont Cole floated the idea of renovating Westminster Elementary School into housing specifically for new educators. Continue Reading Proposal Would Turn Louisiana School into Affordable Housing for Teachers
Judge Temporarily Blocks Planned CFPB Layoffs
“We’re not going to disburse 1,483 people into the universe,” said Judge Amy Berman Jackson. Continue Reading Judge Temporarily Blocks Planned CFPB Layoffs
New Home Purchase Mortgage Applications Surged in March
The average loan size for new homes decreased from $397,516 in February to $381,921 in March. Continue Reading New Home Purchase Mortgage Applications Surged in March
Master-Planned Community with Surfing Lagoons Planned for Utah
The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for surfing and other water recreation. Continue Reading Master-Planned Community with Surfing Lagoons Planned for Utah
LendingClub Pays $74.5 Million for New San Francisco HQ Building
The property was constructed in 1986, last purchased in 1999, and renovated in 2020. Continue Reading LendingClub Pays $74.5 Million for New San Francisco HQ Building
Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs
Morgan Cox said he was forced out of his rental housing due to rising costs. Continue Reading Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs
Anna Paulson to Become Chief Executive at Philadelphia Fed
She succeeds Patrick T. Harker. Continue Reading Anna Paulson to Become Chief Executive at Philadelphia Fed