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Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Rep. Steve Carra pointed out that approximately 72% of Michigan households do not have a child in government schools. Continue Reading Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
Rep. Steve Carra pointed out that approximately 72% of Michigan households do not have a child in government schools. Continue Reading Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
A Pair of San Francisco Hotels Sold at Steep Discount
Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
SITE Centers Corp. Sells 5 Retail Plazas
Beachwood, Ohio-headquartered SITE Centers Corp. (NYSE: SITC), the owner and manager of open-air shopping centers, has completed the sale of five of its retail properties. The company sold a three-property portfolio consisting of East Hanover Plaza in East Hanover,...
New Initiative Seeks to Eliminate Property Taxes in Oklahoma
Oklahoma has become the latest state to experience an effort to eradicate property taxes. Oklahoma Voice reports paperwork was filed with the Oklahoma Secretary of State to launch an initiative petition that would let voters decide on the reduction and eventual...
NEWS & CURRENT EVENTS
Preservation of Affordable Housing to Start First Development in Maine
The Maine State Housing Authority is providing 4% Low Income Housing Tax Credits, along with low-cost construction and permanent loans. Continue Reading Preservation of Affordable Housing to Start First Development in Maine
The Agency Opens First Office in the Florida Keys
This marks the brokerage’s seventh office in Florida. Continue Reading The Agency Opens First Office in the Florida Keys
Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Reyes joins Douglas Elliman from Brown Harris Stevens, where he served as CTO. Continue Reading Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Atlanta Fed Chief Bostic to Retire in February
Bostic is the 15th person to lead the Atlanta Fed and is the first Black and openly gay president of a regional Federal Reserve Bank. Continue Reading Atlanta Fed Chief Bostic to Retire in February
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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.
Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
Cook has not been indicted and has sued the Trump administration to block its efforts to remove her. Continue Reading Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
First National Bank to Add 30 New Branches in Next 5 Years
Most of the planned branches will be based in North Carolina, South Carolina and the bank’s Mid-Atlantic Region spanning Maryland, Virginia and Washington, DC. Continue Reading First National Bank to Add 30 New Branches in Next 5 Years
MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
The 361-unit community opened in March 2024 and encompasses one-, two-, and three-bedroom apartments with rents starting at roughly $1,500 per month. Continue Reading MG Properties Expands into Texas with Acquisition of Dallas-Area Apartment Community
Broadshore Capital Partners Announces Management Buyout
The transition to full independence will not impact the firm’s day-to-day operations or client relationships. Continue Reading Broadshore Capital Partners Announces Management Buyout
Georgetown Law Professor: Trump and Pulte Attacks on Lisa Cook are ‘Illegal’ and ‘Outlandish’
“The only thing the President has to go on is the evidence adduced in FHFA Director Bill Pulte’s criminal referral letter,” said Prof. Adam J. Levitin. Continue Reading Georgetown Law Professor: Trump and Pulte Attacks on Lisa Cook are ‘Illegal’ and ‘Outlandish’
A Phil Hall Op-Ed: So, You’re Thinking About Hiring a Public Relations Specialist?
Public relations is an extremely important aspect of the marketing toolkit. Continue Reading A Phil Hall Op-Ed: So, You’re Thinking About Hiring a Public Relations Specialist?
CIP Real Estate Pays $66 Million for 3 Industrial Parks in Florida
The acquisitions bring the company’s total footprint in Florida to approximately 2 million square feet. Continue Reading CIP Real Estate Pays $66 Million for 3 Industrial Parks in Florida
Nominations Sought for 2026 Ivory Prize for Housing Affordability
The nominating period closes on Oct. 31. Continue Reading Nominations Sought for 2026 Ivory Prize for Housing Affordability
CMBS Delinquency Rate Up for Sixth Straight Month
Year-over-year, the overall CMBS delinquency rate has increased by 185 basis points from 5.44%. Continue Reading CMBS Delinquency Rate Up for Sixth Straight Month
Report: ‘Normal’ Housing Costs Possible by 2030
“The path back to normal housing costs doesn’t require a crash in home prices—stability may be enough,” said Redfin’s Asas Khan. Continue Reading Report: ‘Normal’ Housing Costs Possible by 2030
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