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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
Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
Ohio legislators are considering a proposal to allocate $600 million to the construction of a new $3.4 billion stadium for the NFL’s Cleveland Browns. WKYC.com reports State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7...
NAR Updates Hate Speech Policy Within Code of Ethics
The board of directors of the National Association of Realtors (NAR) has ratified changes to Standard of Practice 10-5 (SOP 10-5) and Professional Standards Policy Statement 29, which are part of Article 10 of the Code of Ethics. According to NAR, the updated language...
Joseph Yi Named Chief Investment Officer at Palette Hotels
Palette Hotels, a New York City-based hotel management company, has hired Joseph Yi as its chief investment officer. In his new role, Yi will oversee the firm’s investment platform, grow the company’s corporate-owned and third-party asset management portfolio and lead...
NEWS & CURRENT EVENTS
Avanti Residential Unveils LIHTC-Focused Affiliate
The new Tampa-based affiliate will initially focus on high-growth metropolitan markets. Continue Reading Avanti Residential Unveils LIHTC-Focused Affiliate
Toronto Home Sales and Prices in Decline
The average selling price at $1.09 million represented a 2% decline from one year earlier. Continue Reading Toronto Home Sales and Prices in Decline
Private Connecticut Island Relisted at Discount
Burr Island is part of the Thimble Islands, an archipelago of 365 small islands in Stony Creek Harbor off the central Connecticut coast. Continue Reading Private Connecticut Island Relisted at Discount
M&G Promotes Martin Towns to Global Head of Real Estate
He will replace Tony Brown, who is retiring after a 35-year career and relocating to Australia. Continue Reading M&G Promotes Martin Towns to Global Head of Real Estate
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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David L. Messenger to Step Down as CFO at Century Communities
J. Scott Dixon, the company’s assistant CFO, will take over Messenger’s role on an interim basis. Continue Reading David L. Messenger to Step Down as CFO at Century Communities
Berkshire Bank to Sell 10 Branches in Upstate New York
Berkshire’s overall branch footprint will be reduced from 96 to 86 locations. Continue Reading Berkshire Bank to Sell 10 Branches in Upstate New York
A Phil Hall Op-Ed: Is Climate Change to Blame for Florida’s Expensive Property Insurance?
“Florida had only 8% of U.S. property claims and 80% of the property litigation in the U.S.,” said Jeff Brandes, a former state senator. Continue Reading A Phil Hall Op-Ed: Is Climate Change to Blame for Florida’s Expensive Property Insurance?
Whole Foods Markets to Expand Urban Retail Presence
The new format, called Whole Foods Market Daily Shop, will be introduced later this year in New York City. Continue Reading Whole Foods Markets to Expand Urban Retail Presence
Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
The $240 million deal consisted of 370 RTLs that financed approximately 527 housing units. Continue Reading Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
Johnny Carson’s One-Time New York Home Listed for $5.3 Million
Carson bought the home in 1959 when he was hosting the game show “Who Do You Trust?
” Continue Reading Johnny Carson’s One-Time New York Home Listed for $5.3 Million
CMBS Delinquency Rate Inches Up to 4.71%
Last month’s uptick was mostly fueled by office sector delinquencies, which spiked by 33 basis points to 6.63%. Continue Reading CMBS Delinquency Rate Inches Up to 4.71%
Jay Olander Joins Capital Square as President and CFO
Olander also serves as chief financial officer and treasurer of Capital Square Apartment REIT Inc. Continue Reading Jay Olander Joins Capital Square as President and CFO
Two Ratings Agencies Slash Credit Grade for NYCB
NYCB’s stock plummeted on Friday by 26%, ending the week at $3.55 – a 65% year-over-year collapse of its stock price. Continue Reading Two Ratings Agencies Slash Credit Grade for NYCB
$37 Million Refinancing Secured for Texas Multifamily Property
The terms of the five-year loan include 6.23% interest only and a spread of 1.68%. Continue Reading $37 Million Refinancing Secured for Texas Multifamily Property
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