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Bank Regulators Drop Climate-Risk Principles
The Office of the Comptroller of the Currency discontinued this Biden-era policy in March. Continue Reading Bank Regulators Drop Climate-Risk Principles
Bank Regulators Drop Climate-Risk Principles
The Office of the Comptroller of the Currency discontinued this Biden-era policy in March. Continue Reading Bank Regulators Drop Climate-Risk Principles
Texas Lawmakers Lobby to Relocate NASA Headquarters to Johnson Space Center in Houston
Texas lawmakers have launched a bid for their state to become the new site of NASA’s headquarters. Space News reports the Texas congressional delegation sent a letter to President Trump recommending NASA headquarters be relocated from Washington, DC, to the Johnson...
72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
The former head of an Idaho public housing authority was sentenced to five years of probation for federal program theft after embezzling $129,022.38 from his agency. Bruce Hauber, 72, was employed as the executive director of the federally funded American Falls...
The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
The BLVD Group, a developer and owner of affordable housing, announced its $57 million acquisition and planned renovation of Rock Ridge Apartments, a 152‑unit community in Woonsocket, Rhode Island. The company said it would create 30 new affordable units at the site....
NEWS & CURRENT EVENTS
Pittsburgh-Area Mall Sells for $34 Million
The company bought the mail in 2004 for $231.2 million. Continue Reading Pittsburgh-Area Mall Sells for $34 Million
Study: Homeowners Spend Roughly $24,000 Per Year on Non-Mortgage Housing Expenses
Those in homeowners associations (HOAs) pay an extra $3,077 in annual HOA fees. Continue Reading Study: Homeowners Spend Roughly $24,000 Per Year on Non-Mortgage Housing Expenses
Treasury Secretary Bessent Buys DC Mansion for $12.5 Million
he four-story, 8,000-square-foot residence was built around 1941. Continue Reading Treasury Secretary Bessent Buys DC Mansion for $12.5 Million
Ex-Senior Advisor to Federal Reserve Arrested for Passing Trade Secrets to China
John Harold Rogers is charged with conspiracy to commit economic espionage and with making false statements. Continue Reading Ex-Senior Advisor to Federal Reserve Arrested for Passing Trade Secrets to China
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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.
Rising Mortgage Rates Create New Mayhem in UK Housing Market
Two additional rate hikes by the Bank of England are being predicted for the summer. Continue Reading Rising Mortgage Rates Create New Mayhem in UK Housing Market
Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio
Prologis President Dan Letter said the “high-quality properties are complementary to our portfolio.” Continue Reading Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio
Mexican Real Estate Company Vesta Launches US IPO
Vesta’s ADSs have been approved for listing on the New York Stock Exchange under the ticker symbol “VTMX.” Continue Reading Mexican Real Estate Company Vesta Launches US IPO
Hits and Misses for the Real Estate Week of June 19-23
Americans are looking for Italian properties while Britons are looking at higher mortgage payments. Continue Reading Hits and Misses for the Real Estate Week of June 19-23
Silverstein Properties Applies for License to Create NYC Casino
The company said the project would create 9,500 union jobs. Continue Reading Silverstein Properties Applies for License to Create NYC Casino
Mortgage Delinquency Rate Drops to Near-Record Low
Serious delinquencies (loans 90 or more days past due) were down by 18,000 from April, a 3.7% drop. Continue Reading Mortgage Delinquency Rate Drops to Near-Record Low
Home Sales Continue to Decline in New York State
May was the 43rd consecutive month that the number of homes available has fallen in year-over-year comparisons. Continue Reading Home Sales Continue to Decline in New York State
Santander Pledges $13.6 Billion for Community Reinvestment and Sustainable Finance
Santander Holdings USA Inc. announced its latest Community Plan, a three-year commitment of $4.6 billion in community reinvestment and $9 billion in sustainable finance. According to the company, its commitment will be divided along these lines: $1.5 billion in small...
John Robertson Joins Christina as Managing Director of Investor Relations
Robertson joins Christina from CrowdStreet, the online commercial real estate investment platform. Continue Reading John Robertson Joins Christina as Managing Director of Investor Relations
Slide Insurance Closes on $35 Million Senior Credit Facility
“Our start-up year has been exceptional,” said Slide founder and CEO, Bruce Lucas. Continue Reading Slide Insurance Closes on $35 Million Senior Credit Facility
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