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Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
Mayor McCarty wants to see this proposal on the 2026 ballot, Continue Reading Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
Mayor McCarty wants to see this proposal on the 2026 ballot, Continue Reading Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
Philadelphia Debuts Digital System for Reporting Deed Fraud
The City of Philadelphia’s Department of Records has jettisoned its longtime paper-based process of reporting deed fraud with a new digital online system. Up until now, Philadelphia residents filing reports of deed fraud had to fill out a paper form by hand either...
Long Island Construction Company Owner Arrested for Hiring Hitman to Kill Business Rival
A construction company owner in New York’s Long Island was arrested for allegedly hiring a hitman to bump off a competitor. The New York Post reports that Navdeep Singh, the owner of Gravity Construction Corp., reportedly sought to end a legal conflict with a business...
Modular Housing Provider Boxabl Aims to Go Public
The Las Vegas-headquartered modular housing manufacturer Boxabl has signed a non-binding letter of intent with a Nasdaq-listed special purpose acquisition company (SPAC) that, if completed, would result in the company transitioning into a publicly listed company. A...
NEWS & CURRENT EVENTS
Trump World Tower Seeks to Foreclose on Afghanistan’s UN Mission Over Unpaid Condo Fees
The condo board at New York City’s Trump World Tower is seeking to foreclose on a $4.2 million unit owned by the Permanent Mission of Afghanistan to the United Nations. According to combined media reports, Afghanistan purchased its unit in Trump World Tower in 2009....
Former Black Rock Executive Named President of PNC
Mark Wiedman was a leading candidate to succeed BlackRock CEO Larry Fink. Continue Reading Former Black Rock Executive Named President of PNC
Move Drops Trade Secrets Lawsuit Against CoStar Group
“This lawsuit was a PR stunt from the start – ridiculous, and totally devoid of merit,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading Move Drops Trade Secrets Lawsuit Against CoStar Group
Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement
Among the groups seeking to maintain the settlement are the National Fair Housing Alliance, the American Civil Liberties Union, and the Consumer Federation of America. Continue Reading Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Camilo Escalante to Chair NAHREP’s Corporate Board of Governors
Escalante is executive director of diverse segments at Guaranteed Rate. Continue Reading Camilo Escalante to Chair NAHREP’s Corporate Board of Governors
IMBs Recorded Net Production Losses in Q4 2023
“The fourth quarter of 2023 was about as challenging as it could get for mortgage lenders to generate a production profit,” said MBA’s Marina Walsh. Continue Reading IMBs Recorded Net Production Losses in Q4 2023
$109 Million in Construction Financing Secured for Brooklyn Multifamily Development
The complex will also include nearly 11,000 rentable square feet of above-grade retail. Continue Reading $109 Million in Construction Financing Secured for Brooklyn Multifamily Development
Armour Residential REIT Chief Jeffrey J. Zimmer to Retire
Zimmer held the leadership role at the company since November 2009. Continue Reading Armour Residential REIT Chief Jeffrey J. Zimmer to Retire
Hits and Misses for the Real Estate Week of March 11-15
An unexpected settlement, an unexpected resignation and the unexpected closing of 1,000 stores top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 11-15
JLL Income Property Trust Acquires Oregon Apartment Community for $61 Million
The purchase includes the assumption of an in-place $26 million mortgage loan. Continue Reading JLL Income Property Trust Acquires Oregon Apartment Community for $61 Million
Mark Tribuna Named Chief Operations Officer at Arrive Home
Tribuna was previously chairman and CEO of Nation One Mortgage Company. Continue Reading Mark Tribuna Named Chief Operations Officer at Arrive Home
$7,000 in Grants Awarded to Preserve Three Historic Chicago Sites
The fund provides small planning and capital matching grants to support organizations and people working to preserve South Side history. Continue Reading $7,000 in Grants Awarded to Preserve Three Historic Chicago Sites
Russians and Iranians Are Top Foreign Buyers in Turkish Housing Market
TÜİK determined that foreign nationals purchased 2% of all homes sold in Turkey in February, or 1, 846 units. Continue Reading Russians and Iranians Are Top Foreign Buyers in Turkish Housing Market
National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
Last month, the organization vowed to appeal the Sitzer/Burnett verdict. Continue Reading National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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