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Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
Builders Continue to Have Little Confidence in the Housing Market
Home builders continued to express minimal optimism in the market for newly built single-family homes, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which registered a 32 level in August, down one point...
New Data Reports Highlight a Wobbly Housing Market
A pair of new data reports published today are highlighting a growing imbalance across the housing market. A report from the Rocket Companies (NYSE: RKT) division Redfin discovered a considerable slowing the pace of home sales – during July, the typical home that went...
Utah City Approves 34% Property Tax Hike
At a time when most states and municipalities are moving to lower property taxes, a city in southern Utah is going in the opposite direction with a substantial property tax hike. The Salt Lake Tribune reports the City Council in Ivins, Utah, voted 4-1 to raise...
NEWS & CURRENT EVENTS
Slate Asset Management Acquires 6-Property Multifamily Portfolio for $226.5 Million
The properties in the portfolio are garden-style apartments concentrated in and around the Tampa, Atlanta, and Phoenix metro areas. Continue Reading Slate Asset Management Acquires 6-Property Multifamily Portfolio for $226.5 Million
Jade Miller Named CEO at ADISA
Earlier in her career, she was president of capital markets at Bourne Financial Group, a real estate investment firm managing more than $1 billion in assets. Continue Reading Jade Miller Named CEO at ADISA
Housing Inventory Expands, But Delistings Are Also on the Rise
Delistings are growing faster than active inventory at 31.5%. Continue Reading Housing Inventory Expands, But Delistings Are Also on the Rise
Trump Administration Unveils Plan to Stop Farmland Purchases by Chinese Nationals
“Too much American land is owned by nationals of adversarial countries,” said Agriculture Secretary Rollins. Continue Reading Trump Administration Unveils Plan to Stop Farmland Purchases by Chinese Nationals
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MacKenzie Realty Capital Uplists Stock Trading to Nasdaq
The company previously traded on the OTCQX. Continue Reading MacKenzie Realty Capital Uplists Stock Trading to Nasdaq
Hits and Misses for the Real Estate Week of Nov. 4-8
This week’s Hits and Misses considers the election’s aftershocks, an attempt to stop new property taxes, and the life of an innovative business leader. Continue Reading Hits and Misses for the Real Estate Week of Nov. 4-8
Former Chief of Two Minnesota Real Estate Groups Sentenced for Embezzlement
Katherine Junge ran the Lakes Region Association of Realtors and the Lakes Region Multiple Listing Service for 25 years. Continue Reading Former Chief of Two Minnesota Real Estate Groups Sentenced for Embezzlement
Real Estate Investment Firm Lionstone to Shut Down
Houston-based Lionstone was founded in 2001 and was acquired by Ameriprise in 2017. Continue Reading Real Estate Investment Firm Lionstone to Shut Down
HUD Announces $115,000 Settlement of Denver Disability Discrimination Case
“Local governments are required to make reasonable accommodations to zoning laws,” said HUD’s Diane M. Shelley. Continue Reading HUD Announces $115,000 Settlement of Denver Disability Discrimination Case
Furniture Retailer American Freight to Shut Down All 328 Stores
The store closings are part of Chapter 11 bankruptcy proceedings by Franchise Group Inc., its parent company. Continue Reading Furniture Retailer American Freight to Shut Down All 328 Stores
Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
In March, Chicago voters rejected a referendum on the so-called “mansion tax.” Continue Reading Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
PNC Bank to Double Branch Expansion Plans
These plans expand upon the 100 new locations and 1,200 branch renovations announced in February. Continue Reading PNC Bank to Double Branch Expansion Plans
Greenstone Partners Promotes Brewster Hague to Partner
Greenstone Partners, a Chicago-based commercial real estate brokerage firm, has promoted Brewster Hague from senior director to partner. Continue Reading Greenstone Partners Promotes Brewster Hague to Partner
Mortgage Delinquency Rate Up Slightly from Last Year
The effects of Hurricanes Helene and Milton will likely impact the next quarterly report. Continue Reading Mortgage Delinquency Rate Up Slightly from Last Year
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