Featured Real Estate News
Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business
A retired sergeant for the Massachusetts State Police has been charged and has agreed to plead guilty to allegedly fraudulently obtaining a Paycheck Protection Program (PPP) loan for his real estate business. According to the charges brought against him, Damian...
Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business
Damian Halfkenny was charged with one count of wire fraud, which provides for a sentence of up to 20 years in prison, three years of supervised release and a fine of $250,000. Continue Reading Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
The Trump administration’s planned initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will not occur this year, according to Michael Burry, the investor and hedge fund manager who gained prominence from the book and film “The Big...
Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
The recent sentencing of New York real estate attorney Bryan McKenna is more than just another fraud headline—it’s a cautionary story that hits directly at the core of the real estate industry: trust in escrow and fiduciary responsibility. The Case, Simplified...
Elite International Realty Launches Invite-Only Luxury Division
Elite International Realty, a Miami-based real estate brokerage firm, announced the launch of its new dedicated division, Signature Collection by Elite. According to the company, Signature Collection listings will be exclusive to luxury clients and will feature...
News & Current Events
Jacqueline Waggoner Named Chief Executive at Century Housing
Waggoner was previously president of the Solutions Division at Enterprise Community Partners. Continue Reading Jacqueline Waggoner Named Chief Executive at Century Housing
Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
The arena has been at its site since 1968, and the proposal calls for a public plaza to replace the 820,000-square-foot building. Continue Reading Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment
Mortgage Rates Surge for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.38% as of March 26. Continue Reading Mortgage Rates Surge for Fourth Straight Week
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A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
The Lamont plan involves giving Connecticut residents one-time tax rebates of either $200 or $400, depending on their filing status and income levels. Continue Reading A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
The MBA also reported that 17% ($875 billion) of the $5 trillion of outstanding commercial mortgages held by lenders and investors is scheduled to mature this year. Continue Reading MBA Predicts Commercial Mortgage Origination Volume to Hit $805.5 Billion This Year
Conner Homes Debuts Seattle-Area Luxury Home Community
Home prices at Richards Ridge start at $2.39 million and are ready for immediate occupancy. Continue Reading Conner Homes Debuts Seattle-Area Luxury Home Community
Tavros Closes on $143 Million Purchase on 1-Acre Lower Manhattan Parcel
The property last changed hands in 2018 when it was purchased for $180 million by the Howard Hughes Corp. Continue Reading Tavros Closes on $143 Million Purchase on 1-Acre Lower Manhattan Parcel
New Catalog Offers 30 Passive House Designs
Some plans include areas for outdoor living, water features, and Accessible Dwelling Units (ADUs) for additional space. Continue Reading New Catalog Offers 30 Passive House Designs
House Passes Bipartisan Housing Bill
The bill did not include President Trump’s focus to restrict institutional investors from buying single-family houses. Continue Reading House Passes Bipartisan Housing Bill
Tennessee Realtors Join Push for Amendment to Ban Potential for Statewide Property Tax
“The Tennessee Realtors are looking forward to talking with voters about the importance of banning a statewide property tax,” said Chris Garrett, president of Tennessee Realtors. Continue Reading Tennessee Realtors Join Push for Amendment to Ban Potential for Statewide Property Tax
Florida Community Loan Fund to Deploy $260 Million to Support Low-Income Individuals and Neighborhoods
FCLF is a certified community development financial institution. Continue Reading Florida Community Loan Fund to Deploy $260 Million to Support Low-Income Individuals and Neighborhoods
Connecticut Theater Shuttered for 52 Years is Sold for $250,000
The new owner plans to renovate the space into an entertainment and music venue, with a reopening planned for 2027. Continue Reading Connecticut Theater Shuttered for 52 Years is Sold for $250,000