Featured Real Estate News
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Illinois Gov. JB Pritzker is acknowledging that his state’s property taxes are too high, but he insists he has no control over the situation. Capital City Now reports Pritzker absolved himself and the state legislature of being responsible for property tax hikes,...
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Pritzker added the state was trying to alleviate the tax burden by providing more money for education. Continue Reading Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Palantir Teams with Moder on AI-Powered Mortgage Operations Platform
The artificial intelligence solutions provider Palantir Technologies Inc. (NASDAQ: PLTR) has teamed with Moder, the mortgage industry-focused AI and technology outsourcing company, to create an AI-powered mortgage operations platform. Boca Raton, Florida-headquartered...
Two Harbors Receives Unsolicited Acquisition Bid That Would Cancel Merger with UWM
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused REIT, announced that its board of directors received an unsolicited proposal to acquire all outstanding shares of the company’s common stock for $10.70 per share in cash....
Report: New Stadium Proposed for Chicago White Sox
While the Chicago Bears prepare to exit their hometown after failing to secure a deal for a new stadium in the city, the Chicago White Sox may soon be getting a new local stadium. Crain’s Chicago Business reports that a group led by private equity investor Justin...
News & Current Events
Compass Drops Lawsuit Against Zillow
“Our goal has always been to give homeowners more choice to decide when, where, and how to market their homes,” said Compass Chairman and CEO Robert Reffkin. Continue Reading Compass Drops Lawsuit Against Zillow
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
The company said Cutsey’s departure will enable him “to turn his attention to the next chapter of his career.” Continue Reading Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Federal Reserve Maintains Rate Range
Only Fed Gov. Stephen Miran dissented, with a call for a quarter-percentage point rate cut. Continue Reading Federal Reserve Maintains Rate Range
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Tennessee Realtors Join Push for Amendment to Ban Potential for Statewide Property Tax
“The Tennessee Realtors are looking forward to talking with voters about the importance of banning a statewide property tax,” said Chris Garrett, president of Tennessee Realtors. Continue Reading Tennessee Realtors Join Push for Amendment to Ban Potential for Statewide Property Tax
Florida Community Loan Fund to Deploy $260 Million to Support Low-Income Individuals and Neighborhoods
FCLF is a certified community development financial institution. Continue Reading Florida Community Loan Fund to Deploy $260 Million to Support Low-Income Individuals and Neighborhoods
Connecticut Theater Shuttered for 52 Years is Sold for $250,000
The new owner plans to renovate the space into an entertainment and music venue, with a reopening planned for 2027. Continue Reading Connecticut Theater Shuttered for 52 Years is Sold for $250,000
Kroger Taps Walmart Executive as New CEO
Foran was previously CEO of the US division of Walmart and earlier in his career he was CEO of Air New Zealand. Continue Reading Kroger Taps Walmart Executive as New CEO
Kansas Senate Considers Ending the State’s Property Taxes
A retail purchasing surcharge would replace the property taxes as a revenue source. Continue Reading Kansas Senate Considers Ending the State’s Property Taxes
For Sale: Abandoned Spanish Village at Discounted Price
The village consists of 10 stone houses in various states of dilapidation located in Galicia’s Costa da Morte. Continue Reading For Sale: Abandoned Spanish Village at Discounted Price
New Initiative Seeks to Exempt California Seniors from Property Taxes
Supporters of the proposal need to collect nearly 875,000 valid signatures by Aug. 4 for ballot inclusion. Continue Reading New Initiative Seeks to Exempt California Seniors from Property Taxes
Southern Impression Homes is Now Constructing 7 Build-to-Rent Properties Across Florida
“The creativity and flexibility we bring to the table is unmatched,” says Chris Funk, President and CEO of Southern Impression Homes. Continue Reading Southern Impression Homes is Now Constructing 7 Build-to-Rent Properties Across Florida
NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms
The city filed a lawsuit against Mark David Militana, who owns two brownstone buildings on Manhattan’s Upper West Side. Continue Reading NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms