Featured Real Estate News
Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
The Bascom Group LLC, an Irvine, California-based private equity firm, announced its $103 million acquisition of The Ellison, a 294-unit apartment community located in the Summerlin/Spring Valley submarket of Las Vegas. Completed in 2024, The Ellison is a five-story...
Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
Bascom plans to complete lease-up of the property and implement institutional-grade management through Cushman & Wakefield. Continue Reading Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million
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...
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...
News & Current Events
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
Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
Forewarn’s services are available both online and through a mobile application. Continue Reading Forewarn to Provide Online Safety Services for Free to Las Vegas Realtors
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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
Mortgage Delinquencies Up During Q4 2025
The five states with the largest quarterly increases in their overall delinquency rate were: Mississippi (109 basis points), Louisiana (89 basis points), Maryland (87 basis points), Oklahoma (86 basis points), and Indiana (86 basis points). Continue Reading Mortgage Delinquencies Up During Q4 2025
California Real Estate Broker Arrested for Fraudulently Selling $1.5 Million Home
If convicted, each defendant would face a statutory maximum sentence of 30 years in federal prison. Continue Reading California Real Estate Broker Arrested for Fraudulently Selling $1.5 Million Home
Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million
The property is owned by former NFL star quarterback Chris Simms and his wife Danielle, who acquired it in 2019 for $2.5 million. Continue Reading Ex-NFL Star Lists Historic Connecticut Farmhouse at $8 Million
Mortgage Rates Take a Mild Drop
The 30-year fixed-rate mortgage averaged 6.09% as of Feb. 12, down from last week when it averaged 6.11%. Continue Reading Mortgage Rates Take a Mild Drop
Chicago Title Insurance Defrauded of $4.1 Million by Nigerian Trickster
The defendant, Earnspark Global Concerns, is described in court papers as a Nigerian business entity. Continue Reading Chicago Title Insurance Defrauded of $4.1 Million by Nigerian Trickster
Existing Home Sales Down 8.4% During January
The $396,800 median existing home price for all housing types was up 0.9% from one year ago ($393,400). Continue Reading Existing Home Sales Down 8.4% During January
Refinancing Fueled Q4 2025 Home Lending Activity
Purchase loans made up 39.9% of all loans issued in the final quarter of the year, down from 43.9% in the third quarter. Continue Reading Refinancing Fueled Q4 2025 Home Lending Activity