Featured Real Estate News
A&G Real Estate Partners Offers 78 Walgreens Properties
A&G Real Estate Partners announced that it is seeking offers for a mix of Walgreens store leases and fee-owned properties nationwide. The offering features existing leaseholds for 60 retail freestanding, central business district, end cap and inline locations...
A&G Real Estate Partners Offers 78 Walgreens Properties
“These available locations create strong opportunities for expanding retail chains,” said A&G Co-President Emilio Amendola. Continue Reading A&G Real Estate Partners Offers 78 Walgreens Properties
Ex-Massachusetts Real Estate Executive Sentenced for Tax Fraud and Obstruction of Justice
Stephen L. Hochberg, a former Massachusetts real estate executive was sentenced to two years in prison followed by three years supervised release, for his role in a multi-year scheme to cheat the Internal Revenue Service (IRS) with under-the-table pay of more than...
Over Half of Canadian Homeowners Prepare to Cut Spending Ahead of Mortgage Renewals
Canadian homeowners facing mortgage renewals are preparing to cut their budgets to manage higher payments, while prospective buyers are preparing to make a move later this year. According to a new survey from TD Bank, more than half (56%) of Canadian homeowners said...
JLL Names Mark Kreisman as Global Division President for Financial Services
Chicago-based JLL (NYSE: JLL) has appointed Mark Kreisman as its new global division president for the financial services division. In his new role, Kreisman will oversee a global portfolio of approximately one billion square feet, guiding banking, financial services,...
News & Current Events
Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?
“These pure luxury markets are defined by geographic and structural scarcity,” said Anthony Smith, senior economist at Realtor.com. Continue Reading Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?
Texas Deed Fraud Scammer Sentenced to 10 Years in Prison
Tonya Truitt entered guilty pleas to theft, fraudulent use of identifying information, securing execution of a document by deception and tampering with a government document. Continue Reading Texas Deed Fraud Scammer Sentenced to 10 Years in Prison
META Development Breaks Ground on 14-Unit Luxury Residence in Miami
Pricing starts at around $3 million. Continue Reading META Development Breaks Ground on 14-Unit Luxury Residence in Miami
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New BOOSTzer.com Platform Offers Connections Between Cash Offer Investors and Home Sellers
The BOOSTzer platform will go live on April 1. Continue Reading New BOOSTzer.com Platform Offers Connections Between Cash Offer Investors and Home Sellers
Single-Family Housing Starts Down in January
“The single-family market has slowed as builders continue to deal with elevated construction costs while affordability conditions are a cause of concern for many potential home buyers,” said NAHB’s Bill Owens, Continue Reading Single-Family Housing Starts Down in January
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Oregon Real Estate Broker Pleads Guilty for Role in Illegal Marijuana Scheme
Tyra Foxx will be sentenced on May 11. Continue Reading Oregon Real Estate Broker Pleads Guilty for Role in Illegal Marijuana Scheme
Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Eagle Partners plans to launch a long-term affordable preservation strategy for the properties. Continue Reading Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program
The fully online program will begin on April 27 with 50 full-tuition scholarships available for the inaugural cohort. Continue Reading Claremont Lincoln University Unveils Bachelor in Land Policy and Real Estate Development Program