Featured Real Estate News
Sen. Warren Accuses 14 Corporations of Predatory Rental Housing Practices
Sen. Elizabeth Warren (D-MA) is calling out 14 corporations with ownership stakes in the single-family, multifamily, and manufactured housing sectors, accusing them of predatory rental housing practices. The senator sent each company a letter demanding data on their...
Sen. Warren Accuses 14 Corporations of Predatory Rental Housing Practices
She set an April 8 deadline for a response. Continue Reading Sen. Warren Accuses 14 Corporations of Predatory Rental Housing Practices
Benjamin Piening Named President of Novacore’s Real Estate Segment
Novacore, a Conshohocken, Pennsylvania-based specialty insurance provider, announced the appointment of Benjamin Piening as president of its real estate segment. Piening joins Novacore from Honeycomb Insurance, where he served as chief underwriting officer and led the...
31-Story Build-to-Rent Community Opens in Liverpool
Starlight Investments, the Toronto-headquartered real estate investment and asset management firm, announced the grand opening of Lighthaus, a 31-story build-to‑rent (BTR) community in Liverpool, England. Lighthaus features 278 units consisting of studio, one-, two‑,...
Six Flags Sells 7 Amusement Parks for $331 Million
Six Flags Entertainment Corporation (NYSE: FUN) announced it is selling seven of its amusement parks to EPR Properties (NYSE: EPR) for $331 million. The parks included in the transaction are Valleyfair (Minneapolis), Worlds of Fun (Kansas City, Missouri), Michigan’s...
News & Current Events
Brad Bazley Joins Perform Properties as Chief Technology Officer
Bazley comes to Perform from Internet Brands, where he served as vice president and chief information officer. Continue Reading Brad Bazley Joins Perform Properties as Chief Technology Officer
Nashville Businesses Protest Rising Property Taxes
Mayor Freddie O’Connell explained that taxes are higher because local property valuations have increased. Continue Reading Nashville Businesses Protest Rising Property Taxes
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
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$15 Million Allocated for Virginia Workforce Housing Investment Program
The new funding will be used to support middle-income housing development in 14 localities. Continue Reading $15 Million Allocated for Virginia Workforce Housing Investment Program
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. Continue Reading Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
Alabama Recorded Increase in Home Sales During November
The median sales price in Alabama grew by $39,275 year-over-year to $251,784, an 18.5% annual increase but a 0.6% drop month-over-month. Continue Reading Alabama Recorded Increase in Home Sales During November
Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
This development follows the company’s ongoing progress toward its proposed merger with FG Merger II Corp. Continue Reading Modular Housing Provider Boxabl Receives California License as ‘Commercial Modular Manufacturer’
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Following the transaction, Sapporo Real Estate will become an independent company. Continue Reading Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Ohio Phone Scammer Targeting Realtors with Phony Jury Duty Calls
The Lucas County Clerk’s Office issued a statement that they never contact citizens regarding missed jury duty. Continue Reading Ohio Phone Scammer Targeting Realtors with Phony Jury Duty Calls
Georgia Man Charged with Real Estate Investment and College Football Ticket Frauds
Matthew Neet waived indictment and agreed to proceed by criminal information on Dec. 19. Continue Reading Georgia Man Charged with Real Estate Investment and College Football Ticket Frauds
Judge Delays $600 Million of State Funds for New Cleveland Browns Stadium
The state treasurer’s office was scheduled to begin to transfer of $1.7 billion from the unclaimed funds account on New Year’s Day into a new grant program for sports and cultural facilities that was created to accommodate the Browns. Continue Reading Judge Delays $600 Million of State Funds for New Cleveland Browns Stadium