Featured Real Estate News
Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
Prosecutors from the office of US Attorney Jeanine Pirro attempted to make an unannounced inspection of the construction work for the Federal Reserve’s headquarters renovation. The Wall Street Journal, sourcing its coverage from an unnamed “person familiar with the...
Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
“Any construction project that has cost overruns of almost 80% over the original construction budget deserves some serious review,” said US Attorney Jeanine Pirro. Continue Reading Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site
Hits and Misses for the Real Estate Week of March 23-27
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series to help seniors consider housing options. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 23-27. Miss: Going Right in the Wrong Direction....
Dallas-Based Onyx Realty Group Joins The Real Brokerage
The Real Brokerage Inc. (NASDAQ: REAX) announced that The Onyx Realty Group, a Dallas-based 55-agent team, has joined the company. Led by Tasha J. Penson, Destanie Okwumabua, Orlanda Powell and Keith Stone, The Onyx Realty Group focuses on the southwest Dallas metro...
Douglas Elliman Launches Yacht Advisory Division
Douglas Elliman Inc. (NYSE: DOUG), the parent company of the luxury brokerage Douglas Elliman Realty, has expanded its business operations with the launch of Elliman Yachts. According to the company, the new division offers yacht acquisition advisory, brokerage...
News & Current Events
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
According to the updated filing, Zillow has unlawfully used more than 50,000 CoStar’s proprietary images across its sites. Continue Reading CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
CrossCountry will also pay a termination fee of $25.4 million to UWM in accordance with the terms of its now-defunct merger agreement. Continue Reading Two Harbors Investment Corp. to Merge with CrossCountry Mortgage
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Exclusive News
Sen. Tillis Rebuffs Effort to Lift His Opposition to Kevin Warsh as Next Fed Chairman
Treasury Secretary Bessent called on called on the Banking Committee to proceed with a hearing on Warsh’s nomination despite Tillis’ stand. Continue Reading Sen. Tillis Rebuffs Effort to Lift His Opposition to Kevin Warsh as Next Fed Chairman
Rick Seehausen Named President of Lenders One
Seehausen replaces Justin Demola, who left Lenders One last month to join Equifax as senior vice president of mortgage and housing, Continue Reading Rick Seehausen Named President of Lenders One
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
NAMB Releases White Paper on Solving Affordable Homeownership Challenges
NAMB seeks legislative change regarding Mortgage Loan Originator compensation reform and reauthorization of the National Flood Insurance Program. Continue Reading NAMB Releases White Paper on Solving Affordable Homeownership Challenges
Florida’s Valiente Polo Farm Listed for Sale
The 150-acre Valiente Polo Farm in Wellington, Florida, is being marketed by Icon Global. Continue Reading Florida’s Valiente Polo Farm Listed for Sale
12,000-Seat Soccer Stadium Project Planned for Baltimore
“We want to build the professional soccer foundation in Baltimore that’s going to lead to growth in the future,” said DC United Co-Chairman and CEO Jason Levien. Continue Reading 12,000-Seat Soccer Stadium Project Planned for Baltimore
Bipartisan Bill Aims to Prevent Data Centers from Increasing Consumer Electricity Costs
The legislation seeks to ensure new data centers use energy from power generation sources that are separate from the grid. Continue Reading Bipartisan Bill Aims to Prevent Data Centers from Increasing Consumer Electricity Costs
Toll Brothers Debuts 12-Home Luxury Community in North Carolina
Homes in the community are priced from $1.1 million. Continue Reading Toll Brothers Debuts 12-Home Luxury Community in North Carolina