Featured Real Estate News
31-Story Build-to-Rent Community Opens in Liverpool
Starlight Investments, the Toronto-headquartered real estate investment and asset management firm, announced the grand opening of Lighthaus, a 31-story build-to‑rent (BTR) community in Liverpool, England. Lighthaus features 278 units consisting of studio, one-, two‑,...
31-Story Build-to-Rent Community Opens in Liverpool
The property is located within Princes Dock and is Liverpool Waters, a $6.6 billion multidecade regeneration initiative. Continue Reading 31-Story Build-to-Rent Community Opens in Liverpool
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
Execution Date Set for Killer of 2 Georgia Realtors
The State of Georgia has announced the execution date for Stacey Ian Humphreys, who was convicted 22 years ago in the murder of two realtors. 11alive.com reports Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. This will be the state’s first...
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
The Department of Justice (DOJ) has reportedly hit a new roadblock in its attempts to prosecute New York Attorney General Letitia James on mortgage fraud-related charges. CNN, sourcing its information from an unnamed “person familiar with the development,” is...
News & Current Events
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
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Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
The Association of Large Investment Projects called on the Cypriot government to cut delaying red tape. Continue Reading Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus
Report: Housing Supply Gap at Nearly 4 Million in 2024
Total housing starts last year were at their lowest level since 2020. Continue Reading Report: Housing Supply Gap at Nearly 4 Million in 2024
Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
The lawsuit alleged JPMorgan knew the seller overstated the properties’ historical net operating income by 25%. Continue Reading Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan
Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Flagstar Bank, Zion Bancorp, Valley National Bank, Synovus Bank, Umpqua Bank and Old National Bank were cited as the banks most at risk. Continue Reading Data Analysis Warns Banks Face Exposure to Ongoing Commercial Real Estate Troubles
Former Quebec Penitentiary to be Transferred to Canada Lands Company
CLC’s plans for the site were not announced. Continue Reading Former Quebec Penitentiary to be Transferred to Canada Lands Company
Denver’s Rampart Medical Campus Sells for $8.6 Million
The two buildings last changed hands in December 2019 in an $18.8 million transaction. Continue Reading Denver’s Rampart Medical Campus Sells for $8.6 Million
Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
Brown is a senior vice president of The RMR Group (NASDAQ: RMR), an alternative asset management company. Continue Reading Matthew Brown Named CFO / Treasurer at Seven Hills Realty Trust
Rocket Companies Acquires Redfin for $1.75 Billion
“Rocket and Redfin have a unified vision of a better way to buy and sell homes,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies Acquires Redfin for $1.75 Billion
Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme
Okechukwu Josiah Odunna, was arrested by Nigerian authorities last September. Continue Reading Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme