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Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
NJ Woman Indicted for Destroying Evidence in Real Estate Fraud Probe
A New Jersey woman has been indicted for destruction of records after she destroyed her husband’s cell phone that was being sought by federal agents investigating a real estate fraud case. Jennifer Iturralde Pina’s husband, Cesar Humberto Pina (also known as Flipping...
Dubai Launches Program to Encourage First-Time Homebuyers
The Dubai government has rolled out a program designed to encourage first-time homebuyers among both UAE citizens and expatriates. The program is open to applicants aged 18 and above who are residents of the UAE and who do not currently own residential property in...
Leadership Shift at Title Resources Group
Dallas-headquartered Title Resources Group (TRG) has announced a leadership change with the appointment of Kevin Wall as CEO and a member of the board of the directors. J. Scott McCall, who served as CEO since 2009, will take on the position of vice chairman of the...
NEWS & CURRENT EVENTS
Phoenix Man Fined by State for Real Estate Investment Fraud
Gary Martin spent investor funds on personal expenses, including the payment of his mother’s rent. Continue Reading Phoenix Man Fined by State for Real Estate Investment Fraud
NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
State Sen. Brad Hoylman-Sigal said, “We must hold our government officials to the highest standard.” Continue Reading NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump
Investor Indicted in $7 Million Brooklyn Deed Fraud Theft
Wing Fung Chau was arraigned on two counts of first-degree grand larceny and three counts of first-degree falsifying business records. Continue Reading Investor Indicted in $7 Million Brooklyn Deed Fraud Theft
Washington Commanders Announce Plans for New Stadium at DC’s RFK Site
The NFL’s Washington Commanders have agreed to a deal with the District of Columbia that will result in creation of a nearly $4 billion, 65,000-seat stadium on the site of Robert F. Kennedy (RFK) Memorial Stadium. According to combined media reports, the stadium is...
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Tim Ayres Named New Chairman for British Columbia Real Estate Association
The Sooke-based realtor has been on the BCREA board since 2020. Continue Reading Tim Ayres Named New Chairman for British Columbia Real Estate Association
NAR Report Affirms Millennials and Baby Boomers Dominate the Housing Market
Buyers of previously owned homes made up an 87% share of the market, compared to the 13% buying new homes. Continue Reading NAR Report Affirms Millennials and Baby Boomers Dominate the Housing Market
Office Vacancy Rates in Manhattan Reach Record Highs
“We are still waiting for demand to catch up and surpass supply,” said Colliers Executive Managing Director Franklin Wallach. Continue Reading Office Vacancy Rates in Manhattan Reach Record Highs
Rep. Adam Schiff Offers Bill to Convert Government Buildings into Affordable Housing
The bill was praised by National Association of Realtors President Kevin Sears. Continue Reading Rep. Adam Schiff Offers Bill to Convert Government Buildings into Affordable Housing
CMBS Delinquency Rate Drops to 4.67%
Retail and office properties were the only sectors recording delinquency rate declines. Continue Reading CMBS Delinquency Rate Drops to 4.67%
Second Round of California Dream for All Loan Program to Roll Out
The program was conceived to help bridge California’s racial gap in homeownership. Continue Reading Second Round of California Dream for All Loan Program to Roll Out
USC Debuts Online Certificate in Real Estate Law
The online Real Estate Law certificate may be earned as a standalone certificate in as few as three semesters. Continue Reading USC Debuts Online Certificate in Real Estate Law
White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’
“My understanding is that this is obviously a local issue,” said Press Secretary Karine Jean-Pierre. Continue Reading White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’
Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home
The majority of boomers (54%) own homes with no mortgage. Continue Reading Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home
Zillow: US Has 550 Million-Dollar Cities, a New Record High
California led the nation with 210 million-dollar cities, more than the next five states combined. Continue Reading Zillow: US Has 550 Million-Dollar Cities, a New Record High
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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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