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Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
Baltimore’s City Council is considering a new bill that would boost property taxes on vacant lots. The Baltimore Banner reports that vacant lots are taxed $2.248 per $100 of assessed value, the same rate as parcels with structures. Last year, the City Council voted to...
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
RE/MAX Holdings Inc. (NYSE: RMAX), parent company of REMAX and Motto Mortgage, has hired Vic Lombardo as president of mortgage services. In his new role, Lombardo will oversee growth and operations for the company's mortgage services, including Motto Mortgage and...
Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
Farmer Mac (NYSE: AGM, AGM.A) announced the hiring of Geraldine Hayhurst as executive vice president – chief legal officer and secretary, effective Sept. 8. Current Executive Vice President – General Counsel and Secretary Stephen Mullery will retire on April 3, 2026,...
NEWS & CURRENT EVENTS
FHFA’s Pulte Says Would-Be Freddie Mac Bomber is Still Contacting Him
Lozano was fired from her job prior to Pulte’s confirmation as FHFA director. Continue Reading FHFA’s Pulte Says Would-Be Freddie Mac Bomber is Still Contacting Him
City Ventures Debuts New LA-Area Townhome Community
Pricing begins in the $500,000s. Continue Reading City Ventures Debuts New LA-Area Townhome Community
Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
The fund invested $61 million of equity in these transactions. Continue Reading Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
Blackstone has acquired $20 billion of CRE loan portfolios in the last 24 months. Continue Reading Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
GSEs Update Multifamily Tenant Protection Policies
The updates take effect on Feb. 28, 2025. Continue Reading GSEs Update Multifamily Tenant Protection Policies
Jess Johnson Named Chief Revenue Officer at Franklin Street
He was previously the global head of enterprise partnerships for HqO, a venture-funded real estate technology company. Continue Reading Jess Johnson Named Chief Revenue Officer at Franklin Street
Typical Homebuyer’s Down Payment Hits Record High
The typical homebuyer’s down payment was 18.6% of the purchase price in June. Continue Reading Typical Homebuyer’s Down Payment Hits Record High
RealPage Pushes Back at Feds’ Antitrust Lawsuit Claims
“The software is not driving higher rates than what would happen in a competitive market,” said attorney Stephen Weissman. Continue Reading RealPage Pushes Back at Feds’ Antitrust Lawsuit Claims
NAR Faces New Realtor-Filed Lawsuit
The realtors blamed NAR for “aiding and abetting” the alleged scheme coordinated by Realtor.com. Continue Reading NAR Faces New Realtor-Filed Lawsuit
Mortgage Application Activity Up by a Slight 0.5%
The seasonally adjusted Purchase Index was up by 1% percent from one week earlier, but the unadjusted index was down by 1%. Continue Reading Mortgage Application Activity Up by a Slight 0.5%
Aphorio Carter Critical Infrastructure Fund Acquires Denver-Area Data Center
The acquisition marks Aphorio Carter’s sixth critical infrastructure real estate purchase within the last two years. Continue Reading Aphorio Carter Critical Infrastructure Fund Acquires Denver-Area Data Center
Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex
CPP partnered with co-developer The Hampstead Companies on the deal. Continue Reading Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex
Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
22% have a rate below 3%. Continue Reading Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
Mortgage Payments Account for Three-Quarters of Canadian Credit Debt
The average minimum monthly payments made by Canadian borrowers grew to $2,350 in this year’s second quarter. Continue Reading Mortgage Payments Account for Three-Quarters of Canadian Credit Debt
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