Featured Real Estate News
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
The purchase rights to the San Francisco Centre, the once-grand 1.5 million-square-foot mall that was shuttered in January, has been awarded to a partnership of Presidio Bay Ventures and Prado Group. The San Francisco Chronicle, citing input from unnamed “sources with...
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
It is unclear what the companies plan to do with the property. Continue Reading Report: Purchasing Rights Awarded to Shuttered San Francisco Centre
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Reston, Virginia-headquartered Stanley Martin Homes is expanding into the Savannah market with the launch of Brunson Station, a master-planned community coming to Guyton, Georgia. The development spans a total of 170 acres, with 104 acres planned for the construction...
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Greystar Management Services LLC has reached a $7 million settlement with nine states that sued the property management company for allegedly inflating housing costs by using rent-setting algorithms from software companies including RealPage. As part of...
Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
The Department of Justice (DOJ) and the FBI have opened a probe into Federal Housing Finance Agency (FHFA) Director Bill Pulte for potential misconduct in the criminal investigations of President Trump’s political enemies. ABC News, citing input from unnamed “sources...
News & Current Events
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
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Case-Shiller: Home Price Index Up 3.8%
The FHFA recorded a 0.3% uptick in home prices during November. Continue Reading Case-Shiller: Home Price Index Up 3.8%
Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities
The combined properties span 19,649 square feet. Continue Reading Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities
Trump Budget Office Issues Temporary Pause on Federal Loan and Grant Programs
Senate Minority Leader Chuck Schumer (D-NY) condemned the action for “blatantly” disobeying the law. Continue Reading Trump Budget Office Issues Temporary Pause on Federal Loan and Grant Programs
Beacon Roofing Supply Enacts Stockholder Rights Agreement to Block QXO Takeover Bid
“The Rights Agreement is intended to protect Beacon and its stockholders from anyone seeking to opportunistically gain control of Beacon,” said the company. Continue Reading Beacon Roofing Supply Enacts Stockholder Rights Agreement to Block QXO Takeover Bid
Former Real Estate Investment Executive Indicted on Multiple Fraud Charges
Ivel Turner was released on a $100,000 unsecured appearance bond and other conditions. Continue Reading Former Real Estate Investment Executive Indicted on Multiple Fraud Charges
Home Equity Fintech Splitero Expands Into Five States
“We are happy to support families in reaching their financial goals,” said Michael Gifford, CEO and founder of Splitero. Continue Reading Home Equity Fintech Splitero Expands Into Five States
Nominations Sought for Lowe’s Hometowns Community Revitalization Program
$10 million in grants will be allocated to fund 100 renovations and complete an additional 1,700 improvement projects. Continue Reading Nominations Sought for Lowe’s Hometowns Community Revitalization Program
Evan Wayne Named Chief Information Officer at Marcus & Millichap
Wayne was previously CIO for World Market. Continue Reading Evan Wayne Named Chief Information Officer at Marcus & Millichap
Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand
Due to its slow pace of homebuilding, Vermont’s housing stock is among the nation’s oldest. Continue Reading Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand