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Saks Off 5th to Close Most of its Stores
Saks Global is also closing the five remaining Last Call stores that served as a discount venue for Neiman Marcus. Continue Reading Saks Off 5th to Close Most of its Stores
Saks Off 5th to Close Most of its Stores
Saks Global is also closing the five remaining Last Call stores that served as a discount venue for Neiman Marcus. Continue Reading Saks Off 5th to Close Most of its Stores
Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
The Salt Lake City-headquartered affordable housing program Arrive Home has launched New Foundations DPA, a down payment assistance program designed to accommodate borrowers purchasing manufactured homes. New Foundations DPA provides 3.5% down payment assistance on...
MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
MegPrime, a financial technology platform, has partnered with the developer and builder Megatel Homes on a digital rewards program designed to help lower housing costs. According to the companies, the program will enable homebuyers who purchase a Megatel Home property...
Attorney Clay Pulliam Joins Real Estate Group at Dorsey & Whitney
The law firm of Dorsey & Whitney LLP announced the hiring of Clay Pulliam as a partner in the real estate group. Pulliam will be based in Dallas and will advise clients on commercial real estate matters, including acquisitions and dispositions, development,...
NEWS & CURRENT EVENTS
Redfin to Run Super Bowl Ad Featuring Lady Gaga
The Grammy winner reimagines “Won’t You Be My Neighbor?” in the advertisement. Continue Reading Redfin to Run Super Bowl Ad Featuring Lady Gaga
Trump Signs Executive Order to Put Feds in Charge of LA Wildfire Rebuilding
Tara Gallegos, a spokesperson for Gov. Gavin Newsom, called the president “an old clueless idiot who believes that the state and federal governments can issue local rebuilding permits and LA gets its water from the Pacific Northwest.” Continue Reading Trump Signs Executive Order to Put Feds in Charge of LA Wildfire Rebuilding
Half of US Households Experienced Home Insurance Rate Increases
Among the states, Florida carries the highest home insurance average at $7,136. Continue Reading Half of US Households Experienced Home Insurance Rate Increases
Amazon to Shut Down Fresh and Go Grocery Stores
The company operates a total of 72 Fresh and Go stores, with most being scheduled for closure on Feb. 1. Continue Reading Amazon to Shut Down Fresh and Go Grocery Stores
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Neighborhood Ventures Debuts Fund to Acquire Distressed Multifamily Properties
The new fund will target mid-sized multifamily communities (typically 50–200 units) purchased at 30% or more below intrinsic value. Continue Reading Neighborhood Ventures Debuts Fund to Acquire Distressed Multifamily Properties
Axis Partners Sells 22-Asset Industrial Portfolio for $111 Million
Roughly two-thirds of the properties are spread across Atlanta and Texas. Continue Reading Axis Partners Sells 22-Asset Industrial Portfolio for $111 Million
Trump Suggests He is Opposed to Lowering Home Prices
“Now if I want to really crush the housing market, I could do that so fast and people could buy houses,” he said. Continue Reading Trump Suggests He is Opposed to Lowering Home Prices
Supreme Court Voices Skepticism Over Trump’s Effort to Fire Fed Gov. Lisa Cook
“The real question is to what extent we believe the public is harmed to allow Ms. Cook to remain in post during the pendency of this case,” said Justice Jackson. Continue Reading Supreme Court Voices Skepticism Over Trump’s Effort to Fire Fed Gov. Lisa Cook
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
Trump offered no explanation for this action, which was issued on Jan. 15 without an official announcement. Continue Reading Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
The MOU also includes the creation of new facilities for Hillsborough College, which has 180 days to negotiate and approve a final agreement with the team. Continue Reading Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
FHFA Director Bill Pulte claimed he was not involved in the DOJ’s actions, although several media reports cited him as being the instigator of the probe. Continue Reading Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
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