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Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Upon completion of the deal, Minto will cease to become a publicly traded company. Continue Reading Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Upon completion of the deal, Minto will cease to become a publicly traded company. Continue Reading Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
REMAX: Home Sales Down 4.7% in November
Home sales were down 4.7% year-over-year and down 18.5% month-over-month across the 51 metro areas surveyed for the latest national housing report published by REMAX (NYSE: RMAX). San Antonio recorded the greatest year-over-year sales decline at -22.9% while Wichita,...
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
A Michigan lawmaker has introduced legislation that would exempt homeowners from paying school-related property taxes if they do not have dependents enrolled in government-funded K-12 schools. State Rep. Steve Carra, a Republican, seeks to amend Michigan’s General...
Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
The Chicago Bears leadership is floating the possibility of moving the team across the Illinois border into Indiana to achieve a new stadium. In an open letter, President and CEO Kevin Warren stated that while the team still believed that a location in suburban...
NEWS & CURRENT EVENTS
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
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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.
National Vacancy and Zombie Foreclosure Rates Decline
The number of zombie properties rose quarter-over-quarter in 21 states and the District of Columbia. Continue Reading National Vacancy and Zombie Foreclosure Rates Decline
Median Monthly Housing Payment in Biggest Decline Since Last November
Redfin attributed the lower payment level to declining mortgage rates. Continue Reading Median Monthly Housing Payment in Biggest Decline Since Last November
Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Dallas-based Merriman Anderson Architects has been hired to create architectural studies for this proposed endeavor. Continue Reading Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. Continue Reading Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
Four Seasons to Create Luxury Residential Development at Saudi Resort of Shura Island
The development will have direct access to the beach and to the Red Sea. Continue Reading Four Seasons to Create Luxury Residential Development at Saudi Resort of Shura Island
Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Sections of Brooklyn, Queens, and Staten Island turned into “no-go zones” for multifamily affordable housing. Continue Reading Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Reagan and Gorbachev met for the first time at Villa Fleur d’Eau, which many historians pegged as the beginning of the end of the Cold War. Continue Reading Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
Former Fannie Mae President David Benson Returns as Senior Adviser
Pulte did not elaborate what duties Benson will be handling at Fannie Mae. Continue Reading Former Fannie Mae President David Benson Returns as Senior Adviser
$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
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