Featured Real Estate News
Amazon Acquires Virginia Campus of George Washington University for $427 Million
Amazon Inc. (NASDAQ: AMZN) has acquired the 122-acre Virginia Science and Technology Campus of George Washington University for $427 million. The deal was initially announced Friday in the university’s student newspaper without Amazon being identified as a buyer....
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
Preservation of Affordable Housing to Start First Development in Maine
Preservation of Affordable Housing (POAH) a national nonprofit affordable housing developer, has closed on the construction financing for Lambert Woods North, a six-building, 72-unit apartment complex in Portland, Maine. This is POAH’s first development in the state...
The Agency Opens First Office in the Florida Keys
The real estate brokerage The Agency has opened its first office in the Florida Keys. The Agency Florida Keys will be led by Managing Partner and Broker Lisa Swanson and Managing Director Tim Swanson. This marks the brokerage's seventh office in Florida – the company...
Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Douglas Elliman Realty LLC, the residential real estate brokerage division of Douglas Elliman Inc. (NYSE: DOUG), has hired Chris Reyes as chief technology officer (CTO). Reyes joins Douglas Elliman from Brown Harris Stevens, where he served as CTO. Earlier in his...
News & Current Events
Atlanta Fed Chief Bostic to Retire in February
Bostic is the 15th person to lead the Atlanta Fed and is the first Black and openly gay president of a regional Federal Reserve Bank. Continue Reading Atlanta Fed Chief Bostic to Retire in February
New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
The legislation will backdate reauthorization of the program to Sept. 30, 2025, while extending the program’s authorization until Dec. 31, 2026. Continue Reading New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
Realtor.com Launches Spotlight Listings to Help Agents Maximize Listing Visibility
Realtor.com has also enhanced its Local Expert product. Continue Reading Realtor.com Launches Spotlight Listings to Help Agents Maximize Listing Visibility
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Exclusive News
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
La Rosa Holdings to Offer Cryptocurrency Payment Option to Agents
CEO Joe La Rosa stated the company will implement a 2% fee for agents who choose to receive cryptocurrency payments. Continue Reading La Rosa Holdings to Offer Cryptocurrency Payment Option to Agents
Mortgage Forbearance Level Inches Up
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.21% last month. Continue Reading Mortgage Forbearance Level Inches Up
Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
The six facilities are comprised of five skilled nursing facilities and one assisted living facility with 354 licensed beds. Continue Reading Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
KBS will manufacture 16 modules for the construction of 12 apartments across three buildings. Continue Reading KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments
Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
“He’s a minister, he runs a nonprofit Christian ministry,” said attorney Michael Sylvester. Continue Reading Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse
CFPB Sues Rocket Homes and Jason Mitchell Group Over Alleged Steering and Illegal Kickbacks
“The accusation that homebuyers paid more when working with Rocket Homes is a lie,” the company said. Continue Reading CFPB Sues Rocket Homes and Jason Mitchell Group Over Alleged Steering and Illegal Kickbacks