Featured Real Estate News
Ares Management Acquires Whitestone REIT for $1.7 Billion
Ares Management Corporation (NYSE: ARES), a New York City-based global alternative investment manager, announced that certain Ares Real Estate funds are acquiring all commons shares and operating partnership units of Houston-headquartered Whitestone REIT (NYSE: WSR)...
Ares Management Acquires Whitestone REIT for $1.7 Billion
Whitestone’s portfolio includes 56 convenience-focused retail properties totaling approximately 4.9 million square feet in Sun Belt markets. Continue Reading Ares Management Acquires Whitestone REIT for $1.7 Billion
Hits and Misses for the Real Estate Week of March 16-20
A drop in new home sales, an increase in political trash talking, and a tribute to a multifamily sector leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 16-20. Miss: Off to a Bad Start. This week, the US Census...
Virginia Home Sales Up 7.4% in February
A total of 6,581 homes were sold in Virginia during February, an increase of 452 transactions from one year earlier, which created a 7.4% gain. On a month-over-month measurement, sales were up by nearly 12%. There were 7,115 pending sales in February, a 5% increase...
Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
A federal court in Texas vacated the Financial Crimes Enforcement Network's (FinCEN) 2024 residential real estate reporting rule that required for title companies to report non-financed transfers to entities and trusts. The FinCEN rule requires title companies to...
News & Current Events
New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
“Our client believes the existing Soldier Field site is the ideal location for a world-class venue,” said Edward Peck, managing director of Edward Peck Design. Continue Reading New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Continue Reading Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
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Exclusive News
Median Sale Price for Homes Hit Record High in 2025
Institutional investors were responsible for only 6.6% of last year’s home purchases, unchanged from one year earlier. Continue Reading Median Sale Price for Homes Hit Record High in 2025
StorageMart Acquires 15-Property Self-Storage Portfolio in NYC
The financial terms of the deal were not disclosed. Continue Reading StorageMart Acquires 15-Property Self-Storage Portfolio in NYC
Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation
The plaintiffs are asking the court to affirm their constitutional rights are being violated and grant them the order to proceed with their planned demolition. Continue Reading Owners of Marilyn Monroe’s Last Home Sue LA to Overturn Historic Designation
Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
The trade groups called for “responsibly reducing mortgage insurance premiums.” Continue Reading Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
Indiana State Senate Approves Bill to Create a Stadium for the Chicago Bears
“Indiana is open for business and the Chicago Bears have taken notice,” said Gov. Mike Braun Continue Reading Indiana State Senate Approves Bill to Create a Stadium for the Chicago Bears
Mike Dunleavy Named CEO at Van Metre Companies
Dunleavy joined the company in 2018 as vice president of finance for investment properties and was the company’s chief financial officer since March 2024. Continue Reading Mike Dunleavy Named CEO at Van Metre Companies
Federal Reserve Hits Pause Button on Rates
The Fed added it remained “strongly committed to supporting maximum employment and returning inflation to its 2% objective.” Continue Reading Federal Reserve Hits Pause Button on Rates
Bright MLS Hires Rajeev Sajja as Chief Artificial Intelligence Officer
Sajja most recently served as senior vice president of digital marketing and innovation at Berkshire Hathaway HomeServices Fox & Roach Realtors in Devon, Pennsylvania. Continue Reading Bright MLS Hires Rajeev Sajja as Chief Artificial Intelligence Officer
Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
New Foundations DPA provides 3.5% down payment assistance on the purchase price of a single- or double-wide manufactured home on a permanent foundation. Continue Reading Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing