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Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
New Reality TV Series Focuses on Commercial Real Estate
Commercial real estate is the focus of a new reality television series coming to the A+E Network next month. “The Real Estate Commission” is an eight-episode series hosted by Todd J. Drowlette, managing director of Titan Commercial Realty Group. The series will track...
Canada Unveils Program for Energy Bill Reductions
The Canadian government has rolled out the Canada Greener Homes Affordability Program (CGHAP), a new initiative designed to help low- to median-income households reduce their energy bills and greenhouse gas emissions through no-cost home retrofits. CGHAP will be...
Las Vegas Realtors Removes Incoming Director for Cheering Charlie Kirk’s Murder
Las Vegas Realtors has removed an incoming member of its board of directors for comments made on his social media page regarding the assassination of conservative commentator Charlie Kirk. Fox5Vegas.com reports Mark Sivek, a Realty One Group broker who was an incoming...
NEWS & CURRENT EVENTS
Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Among Mamdani’s campaign pledges are a freeze in the costs of rent-controlled housing and the creation of supermarkets owned and operated by the city government. Continue Reading Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Lincoln Property Company and NYLREI Acquire San Francisco Office Property
The five-story building encompasses nearly 210,000 square feet and is 90% leased. Continue Reading Lincoln Property Company and NYLREI Acquire San Francisco Office Property
Trump Offers Nominees to Run Ginnie Mae, FHA
Joseph Gormley and Frank Cassidy were tapped for Ginnie Mae and the FHA, respectively. Continue Reading Trump Offers Nominees to Run Ginnie Mae, FHA
Mershops Acquires California Mall for $50 Million
Weberstown Mall encompasses 800,000 square feet and has a tenant base that includes Barnes & Noble, Dillard’s, JCPenney, Old Navy and Five Below. Continue Reading Mershops Acquires California Mall for $50 Million
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CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
The CFPB report also noted that domestic violence survivors face additional problems with servicers. Continue Reading CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud
The company claimed it was settling the charges to avoid lengthy and costly litigation. Continue Reading Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud
DC Tax Firm Executive Pleads Guilty to Mortgage Fraud
Timothy Trifilo will be sentenced on May 19, 2025. Continue Reading DC Tax Firm Executive Pleads Guilty to Mortgage Fraud
Federal Reserve Cuts Rates for Third Straight Time
The Fed also stressed that it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Cuts Rates for Third Straight Time
Title Insurance Premium Volume Up 5.3% in Q3
The top underwriter in the third quarter as measured by market share was First American Title Insurance Co. (21.9%). Continue Reading Title Insurance Premium Volume Up 5.3% in Q3
Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
Insurance Bureau of Canada (IBC), the national industry association representing Canadian private home, auto and business insurers, has blamed Prime Minister Justin Trudeau’s for failing to protect property owners from climate-related disasters during 2024. “After the costliest summer in Canadian history, with almost $8 billion in insured losses due to floods, hail and wildfires, the… Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
The proposed regulation tests will take place where the nonbanks are originating loans rather than where they have a physical branch presence. Continue Reading New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
CFPB Finalizes Rule on PACE Loan Protections
The new rule requires lenders to assess a borrower’s ability to repay a PACE loan. Continue Reading CFPB Finalizes Rule on PACE Loan Protections
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
ron Puretz pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
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