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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
Anna Paulson to Become Chief Executive at Philadelphia Fed
The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and CEO, effective July 1. She succeeds Patrick T. Harker, whose 10-year tenure will conclude on June 30, as per Federal Reserve mandatory age and...
Vitamin Shoppe Retail Chain Sold to Private Equity Firms
The Vitamin Shoppe, a retailer of vitamins and nutritional supplements, has been acquired from the private equity firms Kingswood Capital Management LP and Performance Investment Partners LLC. Headquartered in Secaucus, New Jersey, The Vitamin Shoppe conducts business...
HUD HQ Building Listed for ‘Accelerated Disposal’
The Department of Housing and Urban Development (HUD) may soon need to find new housing for itself. The department’s headquarters building in Washington, DC, was added to the list of federal buildings designated by the General Services Administration for “accelerated...
NEWS & CURRENT EVENTS
Pending Home Sales Plummeted in December
This follows four straight months of sales gains. Continue Reading Pending Home Sales Plummeted in December
Sen. Ted Cruz Introduces Defund the CFPB Act
Companion legislation was introduced in the House of Representatives by Rep. Keith Self (R-TX). Continue Reading Sen. Ted Cruz Introduces Defund the CFPB Act
Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
Alloy said it was the first developer to pursue such a program following a Local Law 97 rule issuance by the New York City Department of Buildings. Continue Reading Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
European Central Bank Enacts Fifth Rate Cut Since June
“The disinflation process is well on track,” said the ECB. Continue Reading European Central Bank Enacts Fifth Rate Cut Since June
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New Initiative Seeks to Create 4 Million New Hispanic Homeowners by 2030
UnidosUS is also launching launch the first cohort of cities slated to receive targeted investments through the HOMEownership Solutions Network. Continue Reading New Initiative Seeks to Create 4 Million New Hispanic Homeowners by 2030
Report: Wells Fargo to Sell San Francisco Office Tower at Severe Discount
The 355,000-square-foot property was acquired by the lender in 2005 for $110 million. Continue Reading Report: Wells Fargo to Sell San Francisco Office Tower at Severe Discount
New Portal Helps Nova Scotia Residents Displaced by Wildfires
Yardi has asked housing providers to add as many emergency shelter properties as possible. Continue Reading New Portal Helps Nova Scotia Residents Displaced by Wildfires
Realtors’ Economist to Fed: Stop Raising Rates
“The Fed should look forward, not backward,” said NAR Chief Economist Lawrence Yun. Continue Reading Realtors’ Economist to Fed: Stop Raising Rates
Federal Reserve Pauses on Rate Hikes
Prior to this decision, the central bank voted for 10 consecutive rate hikes. Continue Reading Federal Reserve Pauses on Rate Hikes
Court Gives Colorado Property OK to Evict Elon Musk’s Twitter for Unpaid Rent
Twitter stopped paying rent at the property in March and no longer has a physical presence at the property. Continue Reading Court Gives Colorado Property OK to Evict Elon Musk’s Twitter for Unpaid Rent
Israeli Home Sales At 21-Year Low
Of the 4,001 transactions, nearly 1,500 were newly built homes. Continue Reading Israeli Home Sales At 21-Year Low
Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
23.5% of mortgaged homeowners have a rate below 3%. Continue Reading Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
Proptech Startup Propertymate Raises $5.5M in Seed Funding
The new infusion of funds will enable the company to rebrand as NewHomesMate. Continue Reading Proptech Startup Propertymate Raises $5.5M in Seed Funding
JLL Debuts CRE Decarbonization Solution
JLL is also hosting a June 27 webinar on how to develop a decarbonization strategy. Continue Reading JLL Debuts CRE Decarbonization Solution
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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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