Featured Real Estate News
Amazon Acquires Virginia Campus of George Washington University for $427 Million
Amazon Inc. (NASDAQ: AMZN) has acquired the 122-acre Virginia Science and Technology Campus of George Washington University for $427 million. The deal was initially announced Friday in the university’s student newspaper without Amazon being identified as a buyer....
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
MBA Chief Supports Trump Executive Order on AI
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit commended President Trump’s executive order that blocks states from creating their own regulations around artificial intelligence (AI) while seeking to create national regulatory framework for the...
Las Vegas Realtors President Refuses to Resign After Board Calls for Him to Step Down
The president of the Las Vegas Realtors is refusing to resign after the organization’s board of directors voted to demand he step down. The Las Vegas Review-Journal, sourcing its coverage from unnamed “multiple sources,” reports the board voted 6-5 last week to call...
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio, a Minnesota real estate investor who previously worked as a nurse anesthetist, was sentenced to 36 months in federal prison for carrying out a $420 million bank fraud scheme. According to the charges against him, Onofrio used online...
News & Current Events
Report: Home Price Appreciation Up During November
The inventory of homes available for purchase rose 17.9% year-over-year to the highest November level since 2015. Continue Reading Report: Home Price Appreciation Up During November
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
With this transaction, HCP’s portfolio now exceeds 1,500 rooms. Continue Reading Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
Shalom Baranes Associates replaced James McCrery, who stepped down as the project’s original architect in October. Continue Reading Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission
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Exclusive News
360training.com Acquires My Mortgage Trainer
360training.com Inc., an online provider of regulatory-approved training and compliance solutions, has acquired My Mortgage Trainer, an NMLS-approved provider of mortgage education and compliance training. The financial terms of the transaction were not disclosed. The...
Hits and Misses for the Real Estate Week of April 7-11
Selling stocks to buy a house, the continued delay on confirming the new CFPB director, and layoffs at Fannie Mae. Continue Reading Hits and Misses for the Real Estate Week of April 7-11
Kansas Real Estate Agent Indicted for Tax Evasion and Wire Fraud
By 2020, Michelle O’Connor owed the IRS nearly $500,000 in taxes, penalties, and interest. Continue Reading Kansas Real Estate Agent Indicted for Tax Evasion and Wire Fraud
Cincinnati Bengals Want $350 Million from Ohio to Renovate Stadium
The NFL’s Cincinnati Bengals and the commissioners of Ohio’s Hamilton County are asking the state government for $350 million for what they describe as an “overhaul of Paycor Stadium.” The Cincinnati Business Courier reports the requested money would cover 42% of an...
New Jersey Shopping Plaza Sells for $44 Million
The property is approximately 90% leased and anchored by Aldi, Burlington and Urban Air. Continue Reading New Jersey Shopping Plaza Sells for $44 Million
Finland Passes Law Banning Russians from Buying Real Estate
Minister of Defense Antti Häkkänen said, “This decision sends a clear message — we will not allow Finland to be undermined.” Continue Reading Finland Passes Law Banning Russians from Buying Real Estate
Two Illinois MLSs Team on Data-Sharing Partnership
“This is a major step toward improving real estate collaboration,” said MRED President and CEO Rebecca Jensen. Continue Reading Two Illinois MLSs Team on Data-Sharing Partnership
Home Price Increases Slowed for the Third Consecutive Month
Prices have increased for 21 consecutive months, with price appreciation peaking at 5.6% in December. Continue Reading Home Price Increases Slowed for the Third Consecutive Month
New Bipartisan Effort to Upgrade Affordable Housing Credit Program
Reps. Darin LaHood (R-IL), Suzan DelBene (D-WA) reintroduced the bill. Continue Reading New Bipartisan Effort to Upgrade Affordable Housing Credit Program



































