Featured Real Estate News
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
Newmark Group Inc. (NASDAQ: NMRK) has hired Philip O'Bannon as senior managing director to lead its infrastructure capital markets business. In this role, O'Bannon will be responsible for expanding Newmark's advisory and capital raising capabilities across the full...
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
O’Bannon joins Newmark from Citigroup, where he spent seven years in the power and utilities investment banking group. Continue Reading Philip O’Bannon to Lead Newmark’s Infrastructure Capital Markets Business
Two Harbors Receives Unsolicited Acquisition Bid That Would Cancel Merger with UWM
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused REIT, announced that its board of directors received an unsolicited proposal to acquire all outstanding shares of the company’s common stock for $10.70 per share in cash....
Report: New Stadium Proposed for Chicago White Sox
While the Chicago Bears prepare to exit their hometown after failing to secure a deal for a new stadium in the city, the Chicago White Sox may soon be getting a new local stadium. Crain’s Chicago Business reports that a group led by private equity investor Justin...
Compass Drops Lawsuit Against Zillow
Compass Inc., d/b/a Compass International Holdings (NYSE: COMP), announced it is dropping its lawsuit against Zillow Group (NASDAQ: Z, ZG) after the Seattle-based brokerage announce it will drop its ban on home sellers and their real estate representatives for...
News & Current Events
Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
The company said Cutsey’s departure will enable him “to turn his attention to the next chapter of his career.” Continue Reading Brad Cutsey Steps Down as CEO of InterRent Real Estate Investment Trust
Federal Reserve Maintains Rate Range
Only Fed Gov. Stephen Miran dissented, with a call for a quarter-percentage point rate cut. Continue Reading Federal Reserve Maintains Rate Range
eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
“If a home is being marketed to the public, consumers deserve the opportunity to see it,” said Leo Pareja, CEO of eXp Realty. Continue Reading eXp Realty to Offer ‘Coming Soon’ Pre-Market Listings in Three-Portal Syndication
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Exclusive News
Powell Announces He is Target of DOJ Criminal Probe
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
Buffalo Bills to Sell Items from Highmark Stadium, Including Goal Posts and Trough Urinals
The Bills played at Highmark Stadium since 1973, with their last regular season game being held on Jan. 4. Continue Reading Buffalo Bills to Sell Items from Highmark Stadium, Including Goal Posts and Trough Urinals
Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
The golf course hosted US Open Qualifying events in 1998 and 2001. Continue Reading Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
Chattanooga Pastor/Real Estate Investment Coach Sentenced in Covid Loan Fraud
Ricky Lee Taylor Jr. is a former University of Tennessee at Chattanooga basketball player. Continue Reading Chattanooga Pastor/Real Estate Investment Coach Sentenced in Covid Loan Fraud
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
Pulte also resumed his online attacks on the Federal Reserve chairman with a post that said, “Jerome Powell should resign, immediately.” Continue Reading FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
New Interim Chief Executive at Federal Home Loan Bank of San Francisco
Amato was the bank’s chief financial officer when he assumed the interim positions on Jan. 30, 2025. Continue Reading New Interim Chief Executive at Federal Home Loan Bank of San Francisco