Featured Real Estate News
Brad Bazley Joins Perform Properties as Chief Technology Officer
Perform Properties, a Blackstone Real Estate portfolio company focused on high-performing retail and office properties, announced the appointment of Brad Bazley as senior vice president and chief technology officer. In his new role, Bazley will spearhead the company’s...
Brad Bazley Joins Perform Properties as Chief Technology Officer
Bazley comes to Perform from Internet Brands, where he served as vice president and chief information officer. Continue Reading Brad Bazley Joins Perform Properties as Chief Technology Officer
Toronto Home Sales and Prices Down in November
A total of 5,010 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in November, down by 15.8% from one year earlier. New listings entered into the MLS System amounted to 11,134, a 4% year-over-year decline. On a seasonally...
Boston Mayor Says Residential Property Taxes Rising 13% in 2026
Boston Mayor Michelle Wu has warned the city’s homeowners could face a 13% spike in property taxes beginning in January, an increase of $780 for the average homeowner. WBUR reports the increase in residential property taxes is occurring while the city’s commercial...
Greystar in $24 Million Settlement with FTC and Colorado
Greystar, the nation’s largest multifamily rental property manager, has reached a $23 million settlement with the Federal Trade Commission (FTC) and a $1 million settlement with the State of Colorado to resolve charges that it misled consumers about monthly rent costs...
News & Current Events
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
“CoStar is focused on a fast, fair decision to remedy Zillow’s mass infringement of nearly 50,000 images,” said general counsel Gene Boxer. Continue Reading CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court
Miami Dade College Reapproves Land Transfer for Trump Presidential Library
“This is a waste of time to come here,” said activist Marvin Dunn after the vote. Continue Reading Miami Dade College Reapproves Land Transfer for Trump Presidential Library
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CMBS Delinquency Rate Down for Second Straight Month
The only sector to record an uptick in its delinquency rate was lodging, with a 20-basis points spike to 6.43%. Continue Reading CMBS Delinquency Rate Down for Second Straight Month
Residential Property Insurance Costs Soared in 2024 at a Record Rate
The largest percentage increases were recorded in Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%). Continue Reading Residential Property Insurance Costs Soared in 2024 at a Record Rate
CFPB Drops 2022 Enforcement Action Against TransUnion
The CFPB opted to continue its 2022 enforcement action against the fintech lender MoneyLion Continue Reading CFPB Drops 2022 Enforcement Action Against TransUnion
Bascom Group Acquires California Apartment Community for $127 Million
Highridge Apartments is an institutionally owned, 1972-vintage property that has undergone significant upgrades over the years. Continue Reading Bascom Group Acquires California Apartment Community for $127 Million
Bank7 Acquires First American Mortgage
First American Mortgage has operated since 1993 and facilitated over $3 billion in funding. Continue Reading Bank7 Acquires First American Mortgage
Island Capital Group Hires Melissa Iorio as Executive Managing Director
Iorio most recently served as head of investor relations at Cohen & Steers, where she helped build the firm’s private real estate business. Continue Reading Island Capital Group Hires Melissa Iorio as Executive Managing Director
Private Equity Firm Takes Ownership Stake in Keller Williams
As part of this transaction, Keller Williams CEO Mark Willis will step down. Continue Reading Private Equity Firm Takes Ownership Stake in Keller Williams
Jonathan Waclawski Returns to NAR as General Counsel
Waclawski replaces Katie Johnson, who stepped down last October. Continue Reading Jonathan Waclawski Returns to NAR as General Counsel
Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort
The companies are also partnering on a $1.2 billion development in a downtown Atlanta location. Continue Reading Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort