Featured Real Estate News
Michael Sartori Promoted to CFO at Dynex Capital
Dynex Capital Inc. (NYSE: DX), a Glen Allen, Virginia-headquartered real estate investment trust focused on residential and commercial mortgage-backed securities, has promoted Michael Sartori to chief financial officer (CFO). Sartori succeeds Robert Colligan as CFO....
Michael Sartori Promoted to CFO at Dynex Capital
Sartori joined the company as assistant controller in 2013. Continue Reading Michael Sartori Promoted to CFO at Dynex Capital
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Mat Ishbia, the CEO of United Wholesale Mortgage (NYSE: UWMC), voiced his support for the 50-year mortgage floated by President Trump and Federal Housing Finance Agency Director Bill Pulte while praising them for concern and support of the housing market. In a video...
Owner of Minnesota Lodge Resort Charged with Torching the Property
The owner of a historic lodge in Lutsen, Minnesota has been arrested for starting the February 2024 fire that destroyed the property. Located along Lake Superior, Lutsen Resort dated back to 1885 and was promoted as Minnesota's oldest resort. The New York Post reports...
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The New York City-based real estate investment firm Ashkenazy Acquisition Corp. has acquired Orland Park Place, a retail plaza in the Chicago suburb of Orland Park, Illinois, for $60 million. The 600,000-square-foot shopping destination features retailers such as...
News & Current Events
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Execution Date Set for Killer of 2 Georgia Realtors
Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. Continue Reading Execution Date Set for Killer of 2 Georgia Realtors
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
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Exclusive News
Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
He served as director of capital programs for the District of Columbia Housing Authority. Continue Reading Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
The announcement follows government plans to train 60,000 construction workers to address a worker shortage in that sector. Continue Reading UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Pulte announced his actions in photographs of the paper-based orders posted to his personal X account. Continue Reading FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Sluggish Refinance Activity Drives Down Mortgage Application Levels
The Refinance Index decreased 5% from the previous week, although it was 63% higher than the same week one year ago. Continue Reading Sluggish Refinance Activity Drives Down Mortgage Application Levels
Nest Seekers Launches Art Brokerage Affiliate
Nest Collections was created in partnership with Studio Kasa founder Josh Kasper. Continue Reading Nest Seekers Launches Art Brokerage Affiliate
Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Dollar Tree acquired Family Dollar for more than $8 billion in 2015. Continue Reading Dollar Tree Sells Family Dollar Retail Chain for $1 Billion
Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
The new resort is slated to open in 2027. Continue Reading Hilton’s Waldorf Astoria Hotels & Resorts to Open First Texas Resort
Court Blocks HUD’s Termination of Fair Housing Initiative Program Grants
Approximately $30 million was planned for distribution to nonprofits investigating housing discrimination. Continue Reading Court Blocks HUD’s Termination of Fair Housing Initiative Program Grants