Featured Real Estate News
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...
Douglas Elliman Launches Yacht Advisory Division
The new division offers yacht acquisition advisory, brokerage services and bespoke yacht charters globally through its strategic relationship with Royal Yacht International. Continue Reading Douglas Elliman Launches Yacht Advisory Division
Wall Street Journal Editors: Senate Housing Bill a ‘Pork-Filled’ Win for Sen. Elizabeth Warren
The editorial board of the Wall Street Journal has called on Senate Republicans to reject the 21st Century ROAD to Housing Act, stating its passage would mark a “big win for Massachusetts Sen. Elizabeth Warren and the political left.” In an editorial titled “Elizabeth...
Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Two months after a GoFundMe campaign was started to prevent his eviction from a rented house in Los Angeles, Oscar-nominated actor Mickey Rourke has vacated the residence where he stopped paying rent. The New York Post reports control of the house was returned to its...
Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
Bridge Housing, a San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, announced the first close of Bridge Housing Impact Fund I with more than $90 million. The fund is designed as an investment platform to accelerate the...
News & Current Events
Mamdani to Suspend NYC’s Tax Lien Sale Program
Under the program, the city can sell a property tax lien when the owner owes as little as $5,000. Continue Reading Mamdani to Suspend NYC’s Tax Lien Sale Program
Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
FICO Rolls Out Portfolio Benchmarking Tools for Lenders
The new platform’s suite of tools enables financial institutions to analyze benchmarking data and simulate the impact of alternative data strategies on portfolio outcomes. Continue Reading FICO Rolls Out Portfolio Benchmarking Tools for Lenders
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Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Programs offer forgivable grants to homebuyers earning up to 80% of the area median income. Continue Reading Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Powell to Attend Supreme Court’s Oral Arguments for Lisa Cook Mortgage Fraud Case
Cook was accused of mortgage fraud in a criminal referral made by Bill Pulte, the director of the Federal Housing Finance Agency. Continue Reading Powell to Attend Supreme Court’s Oral Arguments for Lisa Cook Mortgage Fraud Case
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
Judge David Jones said he was “satisfied” with Summit’s plan to mitigate the more than 6,500 housing code violations in Pinnacle’s portfolio. Continue Reading Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
New York Stock Exchange Develops Tokenized Securities Platform
The platform will support trading of tokenized shares fungible with traditionally issued securities as well as tokens natively issued as digital securities. Continue Reading New York Stock Exchange Develops Tokenized Securities Platform
New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs
The Build Housing, Unlock Benefits and Services (HUBS) Act is from Sens. John Curtis (R-UT) and Lisa Blunt Rochester (D-DE). Continue Reading New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs
2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
A third hotel, the Hilton Canopy in Minneapolis, has stopped accepting reservations but is still open for business. Continue Reading 2 Hotels in St. Paul Closed for ‘Public Safety Concerns’ Over ICE Agents as Guests
Gary, Indiana Offers 3 Possible Sites for New Chicago Bears Stadium
“A move to Gary isn’t just about a building; it’s about building a dynasty,” said Mayor Eddie Melton. Continue Reading Gary, Indiana Offers 3 Possible Sites for New Chicago Bears Stadium
Sphere Entertainment to Open New Venue at Maryland’s National Harbor
The new venue will be the second of its kind in the US and the first to utilize a smaller-scale design model featuring a 6,000-seat structure. Continue Reading Sphere Entertainment to Open New Venue at Maryland’s National Harbor
Toll Brothers Begins Home Sales at New Jacksonville Community
Homes are priced from the mid-$500,000s. Continue Reading Toll Brothers Begins Home Sales at New Jacksonville Community