Featured Real Estate News
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
The Henry, a 169-unit multifamily community in the New York City suburb of Pomona, New York, has been sold for $63.7 million. Completed in 2001 and partially renovated between 2015 and 2019, the property consists of townhouse-style apartments with private entrances...
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
CBRE represented the seller, Harbor Group International LLC, and procured the buyer, JSB Capital. Continue Reading 169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
Trump Organization to Develop Luxury Hotel Resort in Maldives
The Trump Organization is teaming with Dar Global, the international arm of the Saudi Arabian developer Dar Al Arkan, to launch Trump International Hotel Maldives, the brand's first property in the Republic of Maldives. Located 25 minutes by speedboat from the capital...
Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
The reason behind the abrupt and unexplained resignation of former Federal Reserve Board Gov. Adriana Kugler in August has been revealed. CNBC, citing information from “unnamed Fed officials familiar with the matter,” reports Kugler’s departure was the result of an...
Hits and Misses for the Real Estate Week of Nov. 10-14
Trump’s 50-year mortgage plan, the continued upswing in foreclosure activity, and a military base’s unlikely neighbor. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 10-14. Miss: The Wrong Answer. The Miss of the week –...
News & Current Events
80% of Montana Homeowners Received a Property Tax Cut This Year
Over 235,000 Montana homeowners have claimed and received a property tax rebate. Continue Reading 80% of Montana Homeowners Received a Property Tax Cut This Year
Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
These combined costs were up 4.7% from one year ago. Continue Reading Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
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Exclusive News
Sagard Real Estate Acquires Denver-Area Multifamily Community
The real estate investment firm Sagard Real Estate, formerly EverWest Real Estate Investors, has acquired Alta Green Mountain, a Class A multifamily community located in Colorado’s West Denver submarket. Built in 2020, Alta Green Mountain features 260 luxury units...
Supreme Court Declines to Hear NAR’s Attempt to Stop DOJ’s Restart of Investigation
It is unclear if the incoming Trump administration will drop the DOJ’s case against NAR. Continue Reading Supreme Court Declines to Hear NAR’s Attempt to Stop DOJ’s Restart of Investigation
Update: Death Toll in Los Angeles Fires Rises to 24
Rental housing prices have already spiked in the wake of the fires. Continue Reading Update: Death Toll in Los Angeles Fires Rises to 24
Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
Kimberly Johnson is scheduled to be sentenced on April 11. Continue Reading Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts
Both realtors sought to appeal their fines but were rejected by the regulator. Continue Reading Two British Columbia Realtors Fined Over Self-Identification in Social Media Accounts
Structural Demolition Begins on RFK Stadium
RFK Stadium has fallen into disrepair and not been used since 2019 Continue Reading Structural Demolition Begins on RFK Stadium
Mortgage Credit Availability Inched Up in December
The MBA’s Mortgage Credit Availability Index (MCAI) was up by 0.7% to 96.6. Continue Reading Mortgage Credit Availability Inched Up in December
New Platform Seeks to Expand Real Estate Investing in South Africa
RESCI claims that its deals “typically offer a minimum of 10% interest per year over a 20-year bond term.” Continue Reading New Platform Seeks to Expand Real Estate Investing in South Africa
Hits and Misses for the Real Estate Week of Jan. 6-10
A last-minute slew of Biden administration lawsuits, a special advisor for the NAR chief and Justin Trudeau opens the Exit door. Continue Reading Hits and Misses for the Real Estate Week of Jan. 6-10