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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
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 3-7. Miss: A Tough Market...
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
LandVest | Christie’s International Real Estate announced the $37.5 million sale of 48 Witchwood Lane in Edgartown in Martha's Vineyard, which sets a new record for a residential sale on the Massachusetts island. The three-acre estate features a 15,000-square-foot...
Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
Maryland's state government has filed a lawsuit against the Trump administration for canceling construction on a new FBI headquarters in the state. The Epoch Times reports the administration overturned a Biden-era plan to move the agency’s offices out of Washington to...
News & Current Events
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Scott Neil to Become CEO at Realtor.ca Canada
Neil was previously CEO at the online marketplace Kijiji Canada. Continue Reading Scott Neil to Become CEO at Realtor.ca Canada
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Consumer Confidence in Housing Market is on the Rise
A new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months. Continue Reading Consumer Confidence in Housing Market is on the Rise
NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
NAR said the Times was writing a “false claim” that it was “a partisan organization with a right-leaning agenda.” Continue Reading NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
Hudson Valley Property Group Acquires 22-Property Portfolio
The acquired properties are subject to low-income housing tax credit (LIHTC) rent restrictions. Continue Reading Hudson Valley Property Group Acquires 22-Property Portfolio
RealPage Says DOJ Dropped Antitrust Investigation
The DOJ offered no public comment on its actions. Continue Reading RealPage Says DOJ Dropped Antitrust Investigation
Sotheby’s International Realty Opens First South Dakota Affiliated Office
The new office is owned and operated by the siblings Dana Fisher and Danielle Konechne. Continue Reading Sotheby’s International Realty Opens First South Dakota Affiliated Office
Gindi Equities Acquires Second Multifamily Community in Fargo
The 252-unit property was acquired from Property Resources Group, which will continue to manage and service the asset. Continue Reading Gindi Equities Acquires Second Multifamily Community in Fargo
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
“After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company. Continue Reading EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
Former Ginnie Mae Chief Takes Role at Freddie Mac
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
Trump Says He Has No Plans to Remove Powell as Fed Chairman
Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...