Featured Real Estate News
Missouri House Approves Property Tax Relief Bill That Reduces School Tax Levy
The Missouri House of Representatives approved a bill that would reduce the minimum property tax levy school districts can charge from $2.75 to $2.20 per $100 of assessed value. KFVS reports the bill, if passed, would enact the reduction in the 2026–27 school year....
Missouri House Approves Property Tax Relief Bill That Reduces School Tax Levy
Rep. Tim Taylor, a Republican who sponsored the bill, said the change would not impact school finances. Continue Reading Missouri House Approves Property Tax Relief Bill That Reduces School Tax Levy
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...
Report: Home Price Appreciation Up During November
The median sale price on homes during November was $385,000, according to a data report from Homes.com. This marked a $9,120 or 2.4% year-over-year rise and a continuation of the 10-month stretch where median prices are between $375,000 and $395,000. Across the nearly...
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million
Phoenix-based Hospitality Capital Partners (HCP), in conjunction with its equity partner National Property Advisors, acquired a portfolio of five Arizona hotels from Service Properties Trust for $72 million. The portfolio encompasses more than 665 rooms consists at...
News & Current Events
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
HUD Investigates Affordable Housing Discrimination Against Whites in Boston
“As you are aware, the Trump administration is dedicated to protecting the civil rights of all Americans,” said HUD’s Craig Trainor in his letter. Continue Reading HUD Investigates Affordable Housing Discrimination Against Whites in Boston
Another Grand Jury Refuses to Indict Letitia James on Mortgage Fraud-Related Charges
For the second time in a week, a Virginia grand jury has refused to indict New York Attorney General on mortgage fraud-related charges. The New York Times notes that while there is nothing to prevent the Trum administration from trying to indict her again, the...
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Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Generation Z accounted for 3% of all buyers. Continue Reading Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Faropoint Makes First Los Angeles Industrial Acquisition
The 36,491-square-foot industrial facility was built in 1963 and is fully leased to four tenants. Continue Reading Faropoint Makes First Los Angeles Industrial Acquisition
San Diego Apartment Property Acquired for $45 Million
The property was built in 1976 and still in its original condition. Continue Reading San Diego Apartment Property Acquired for $45 Million
Rami Hasani Named CFO at UWM Holdings
He will replace Andrew Hubacker, who is moving into a senior advisor role. Continue Reading Rami Hasani Named CFO at UWM Holdings
Real Estate Developer Academy to Open in Jackson, Mississippi
The new academy will offer hands-on training in all key aspects of real estate development. Continue Reading Real Estate Developer Academy to Open in Jackson, Mississippi
Real Estate Developer Decides Not to Run for Mayor of Boston
Thomas O’Brien declined to run challenge incumbent Mayor Michelle Wu. Continue Reading Real Estate Developer Decides Not to Run for Mayor of Boston
Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo
Adam Sartin, vice president of franchise growth and development, will lead the brands on an interim basis. Continue Reading Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo
Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
The property spans 4,201 square feet and is constructed of approximately 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons driven more than 60 feet into the sand. Continue Reading Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
Real Estate Scammer Sentenced in $3 Million Loan Fraud
David Izsak was convicted on ten counts of financial institution fraud. Continue Reading Real Estate Scammer Sentenced in $3 Million Loan Fraud