Featured Real Estate News
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighing closing more locations, and a city losing millions in consulting fees over a failed museum project. From the wild and woolly world of real estate, here are our Hits and Misses for the...
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
Watchdog Group Seeks Bar Probe of Prosecutor in Letitia James Mortgage Fraud Case
The watchdog group Campaign for Accountability (CfA) has filed complaints with the Virginia Bar to investigate Lindsey Halligan, the Florida-licensed attorney appointed by President Trump designated as the Interim US Attorney for the Eastern District of Virginia....
New Forecast Predicts Slight Decline in Q4 Apartment Rent Growth
National apartment rent growth is projected to decline by 0.1% in the fourth quarter of this year, a downward revision of 160 basis points from a previous projection, according to Houseview forecast from CoStar Group (NASDAQ: CSGP). Vacancy is expected to hold at 8.2%...
Kansas City Chiefs Reportedly Issue RFP for Design of New Stadium
The Kansas City Chiefs have reportedly issued a request for proposals (RFP) for the design of a new stadium located across the Mississippi River from their Missouri home. KCUR reports the team is considering land adjacent to the Kansas Speedway for a new stadium and...
News & Current Events
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
One of the unnamed sources in Politico’s coverage complained that Pulte “sold POTUS a bill of goods that wasn’t necessarily accurate.” Continue Reading Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
More than 1,200 New Jersey residents entered into HBAs, including 140 who paid early termination fees ranging from $575 to $42,000 to get out of them. Continue Reading New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Apartment-Hotel Brand Sonder to Shut Down
Sonder properties were based in 37 cities across nine countries. Continue Reading Apartment-Hotel Brand Sonder to Shut Down
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Exclusive News
Maldives Government Shuts Down Housing Ministry
There has been no public explanation on why the Housing Ministry was abolished. Continue Reading Maldives Government Shuts Down Housing Ministry
Kentucky Home Sales Up 4.3% Year-Over-Year
Kentucky’s median sales price in November was $267,500. Continue Reading Kentucky Home Sales Up 4.3% Year-Over-Year
Flatiron Realty Capital Debuts IronLinc Platform for Lenders
IronLinc operates as an independent service of the company. Continue Reading Flatiron Realty Capital Debuts IronLinc Platform for Lenders
PNC Announces $128 Million Affordable Housing Fund
The fund includes investments from PNC and four other banks and insurance companies. Continue Reading PNC Announces $128 Million Affordable Housing Fund
Security Properties and Rockwood Capital Purchase 284-Unit Portland Multifamily Property
The financial terms of the acquisition were not disclosed. Continue Reading Security Properties and Rockwood Capital Purchase 284-Unit Portland Multifamily Property
Floyd Mayweather’s Christmas Gift: $20 Million Manhattan Retail Property
“I never thought I would end up owning this important property at the entrance of 47th Street,” said the boxing legend. Continue Reading Floyd Mayweather’s Christmas Gift: $20 Million Manhattan Retail Property
NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
NAR claimed it “has no choice but to defend the Realtor trademark, our integrated model, and Realtor and consumers they serve.” Continue Reading NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
Illinois Home Sales Up Nearly 3%
November’s monthly median price of $285,024 was 7.5% higher than the $265,000 price from the prior year. Continue Reading Illinois Home Sales Up Nearly 3%
Connecticut Office Property Sells at Significant Loss
The property previously sold in July 2014 for $13.5 million. Continue Reading Connecticut Office Property Sells at Significant Loss