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Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
“So many of these properties, especially the vacant lots, just sit there for a while,” said Mayor Arunan Arulampalam. Continue Reading Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
“So many of these properties, especially the vacant lots, just sit there for a while,” said Mayor Arunan Arulampalam. Continue Reading Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
James Fishback, the CEO of the investment firm Azoria, announced his candidacy for the Republican nomination for governor of Florida with a platform that calls for the eliminating of property taxes. The 30-year-old Fishback made his announcement on X with a post that...
Ex-Realtor Association CEO Arrested on Grand Theft Charges
The former CEO of Florida’s East Polk County Association of Realtors (EPCAR) was arrested on grand theft charges. According to charges brought by the Polk County Sheriff’s Office, Jennifer Garula-Mers was hired by EPCAR in July 2020 with an annual salary of about...
A Pair of San Francisco Hotels Sold at Steep Discount
Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
NEWS & CURRENT EVENTS
Historic Baltimore Multifamily Community Sells for $5.95 Million
Built in 1927, The Baltimorean offers a mix of studios and one- and two-bedroom apartments with units averaging 385 square feet in size. Continue Reading Historic Baltimore Multifamily Community Sells for $5.95 Million
PulteGroup Expands Ohio Presence into Cincinnati
PulteGroup already has an Ohio presence in the Cleveland and Columbus markets. Continue Reading PulteGroup Expands Ohio Presence into Cincinnati
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Stephen D. Webster admitted in court that the charges brought against him were “basically accurate.” Continue Reading Massachusetts Real Estate Broker Indicted on Embezzlement Charges
Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
The convenience stores in this portfolio have an average of more than 8,000 square feet. Continue Reading Getty Realty Corp. Acquires $100 Million Houston Convenience Store Portfolio
Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Paxton contacted officials in La Marque, Odessa, Tom Bean and Whitesboro. Continue Reading Texas AG Paxton Orders 4 Cities to Halt Property Tax Hikes
Rite Aid Shutters Remaining Stores
Rite Aid had fewer than 100 stores prior to its official shutdown. Continue Reading Rite Aid Shutters Remaining Stores
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
The proposal would have the golf venue turned into an affordable housing site. Continue Reading NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club
NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
Juan Valoy was not a licensed broker and did not have permission from the apartments’ owners to show their residences. Continue Reading NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
The sale will also encompass a 44,000-square-foot surface parking lot with 142 spaces and 65 underground parking spaces. Continue Reading K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Holding a special session does not guarantee that any legislation would pass. Continue Reading Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
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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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