Featured Real Estate News
Harrison Sitomer Promoted to President at SL Green Realty
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, has promoted Harrison Sitomer to president. Sitomer began his career at SL Green as an intern and rose through the organization, serving in a variety of investment roles before his January 2022...
Harrison Sitomer Promoted to President at SL Green Realty
Sitomer began his career at SL Green as an intern and rose through the organization. Continue Reading Harrison Sitomer Promoted to President at SL Green Realty
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
LRT Company Expands to Rhode Island with Senior Housing Development
Groundbreaking on the project is expected to occur next summer. Continue Reading LRT Company Expands to Rhode Island with Senior Housing Development
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Canadian Home Sales Rise by Nearly 3%
The sales spike occurred despite the 0.5% month-over-month drop in newly listed properties. Continue Reading Canadian Home Sales Rise by Nearly 3%
NAR Hires Advertising Agency to Help Improve Its Image
The terms of the contract were not disclosed. Continue Reading NAR Hires Advertising Agency to Help Improve Its Image
RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Earlier this year, the National Park Service (NPS) has given its approval for the demolition of RFK Stadium. Continue Reading RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
Real Estate Developer Sentenced for Role in Chicago Bank Failure
Marek Matczuk was convicted by a jury in federal court last year. Continue Reading Real Estate Developer Sentenced for Role in Chicago Bank Failure
CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
The CFPB report also noted that domestic violence survivors face additional problems with servicers. Continue Reading CFPB: Mortgage Servicers Preying on Divorced and Widowed Borrowers
Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud
The company claimed it was settling the charges to avoid lengthy and costly litigation. Continue Reading Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud