Featured Real Estate News
DOJ Drops Investigation into Federal Reserve and Chairman Powell
The Department of Justice (DOJ) is dropping its efforts to investigate the Federal Reserve and its chairman, Jerome Powell, over cost overruns on the central bank’s headquarters. Sen. Thom Tillis (R-NC), a member of the Senate Banking Committee, vowed to block...
DOJ Drops Investigation into Federal Reserve and Chairman Powell
“Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so,” Pirro declared. Continue Reading DOJ Drops Investigation into Federal Reserve and Chairman Powell
Philadelphia Real Estate Agent Sentenced for Loan Fraud Scheme
A Philadelphia real estate agent was sentenced to 37 months’ imprisonment and two years of in connection with a scheme in which he raised millions of dollars from individuals and businesses, supposedly for short-term real estate financing opportunities, when no such...
Do Clients Want Private Listings? Agents with The Real Brokerage Aren’t So Sure
While the real estate industry is increasingly focused on private listings and off-market strategies, agents affiliated with The Real Brokerage Inc. (NASDAQ: REAX) are not detecting much interest in this subject with their clients. According to the Miami-headquartered...
Q1 Vacancy Rates Drop for Canadian Office and Industrial Real Estate
Vacancy rates for Canadian office and industrial properties declined in the first quarter, according to a new data report from Colliers. National office vacancy declined by 100 basis points year-over-year to 13.6%, which Colliers described as “one of the most...
News & Current Events
Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
The mayor proposed an ordinance allowing the city to commit up to $600 million through bonds to finance the development. Continue Reading Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium
Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
The Senate Banking Committee has yet to receive requested paperwork from Warsh including financial disclosures. Continue Reading Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
Mortgage Credit Availability Improved in March
“Credit availability increased modestly in March to its highest level since August 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in March
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Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
Rita Ortiz was arrested on Thursday and faces 25 counts of filing a false or forged document with a public office. Continue Reading Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
HUD noted it is only serving one-quarter of eligible Americans in need of housing assistance. Continue Reading HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
The 47-acre Palms Crossing is currently 98% leased and is anchored by Best Buy, Hobby Lobby, Burlington Coat Factory, Barnes & Noble and Nike. Continue Reading CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
The property is a five-story, 7,850-square-foot commercial building located on the Upper East Side of Manhattan. Continue Reading Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
Michael Sartori Promoted to CFO at Dynex Capital
Sartori joined the company as assistant controller in 2013. Continue Reading Michael Sartori Promoted to CFO at Dynex Capital
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
Indianapolis’ Martin University Campus Listed at $3.5 Million
The school founded in 1977 by Boniface Hardin, a Benedictine Monk, and was Indiana’s only predominantly Black institution of higher learning. Continue Reading Indianapolis’ Martin University Campus Listed at $3.5 Million
Historic Minneapolis Skyscraper Sells for $1
The Lumber Exchange Building dates to 1885 and was the first skyscraper in Minneapolis. Continue Reading Historic Minneapolis Skyscraper Sells for $1
Mustafa Abbasi Named President of Sotheby’s International Realty Canada
He succeeds Effi Barak, who has served as interim president since April 2025. Continue Reading Mustafa Abbasi Named President of Sotheby’s International Realty Canada