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Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Senate Approves Bill Prohibiting Trigger Leads
The Homebuyers Privacy Protection Act, which targets the use of “trigger leads,” passed the US Senate by unanimous consent on Saturday and is now awaiting President Trump to sign it into law. The legislation, HR 2808, passed through the House of Representatives on...
Comic Matt Rife Acquires the Warren Home Featuring the Annabelle Doll
One of the most notorious homes in the realm of the paranormal has been acquired by one of the most ubiquitous comics in the realm of viral videos. Funnyman Matt Rife announced that he has teamed with ghost hunting YouTuber Elton Castee to purchase the Monroe,...
DC Council Approves Plans for New Commanders Stadium
The DC Council voted 9-3 on Friday afternoon that approves plans for a new football stadium to accommodate the Washington Commanders. ESPN reports the council needs to hold a second vote on Sept. 17 on the issues but added that unnamed “multiple sources involved in...
NEWS & CURRENT EVENTS
Hilton and Marriott Expand Their Hotel Portfolios Across Africa
“We are witnessing a transformation of Africa’s tourism sector,” said Marriott’s Jerome Briet. Continue Reading Hilton and Marriott Expand Their Hotel Portfolios Across Africa
RE/MAX: Home Sales Up for Fourth Consecutive Month
The median sales price also increased year-over-year for the 23rd straight month to reach $442,000. Continue Reading RE/MAX: Home Sales Up for Fourth Consecutive Month
Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
Manhattan’s Rental Market Breaks New Price Record
Among property types, studio apartments in Manhattan recorded the greatest rent increase with a 9.5% year-over-year surge to an average of $3,400. Continue Reading Manhattan’s Rental Market Breaks New Price Record
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Maverick Real Estate Partners Closes Seventh Flagship Fund
The fund will invest in distressed real estate credit opportunities within New York City. Continue Reading Maverick Real Estate Partners Closes Seventh Flagship Fund
Mortgage Rates Fall to 19-Month Low
The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Fall to 19-Month Low
Demand for Second-Home Mortgages at 8-Year Low
In comparison, mortgage-rate locks for primary homes declined 5.2%. Continue Reading Demand for Second-Home Mortgages at 8-Year Low
Valet Living Promotes Matt Graves to President
Graves has been the company’s chief operating officer since 2022 and will retain that title. Continue Reading Valet Living Promotes Matt Graves to President
Foreclosure Activity Dropped in August
Nationwide, one in every 4,662 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Dropped in August
Report: Alimentation Couche-Tard Mulling Updated Bid for 7-Eleven Parent
The combination of the companies would create one of the world’s largest retailers. Continue Reading Report: Alimentation Couche-Tard Mulling Updated Bid for 7-Eleven Parent
European Central Bank Cuts Rates Again
The ECB is predicting the core inflation within its member states will decrease from 2.9% this year to 2.3% in 2025 and 2.0% in 2026. Continue Reading European Central Bank Cuts Rates Again
Court Shuts Down El Paso Hotel Over Alleged Venezuelan Crime Gang Activity
El Paso County Attorney Christina Sanchez stressed that the hotel was not overrun by Tren de Aragua. Continue Reading Court Shuts Down El Paso Hotel Over Alleged Venezuelan Crime Gang Activity
Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region
Sales activity was stronger in the Mid-Atlantic region’s smaller markets, while sales were cooler in the big metro areas. Continue Reading Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region
George Washington Slept Here; It Is Now Listed For $11.5 Million
The property, which is named Wheatland Farm, is now home to an equestrian center. Continue Reading George Washington Slept Here; It Is Now Listed For $11.5 Million
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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