Featured Real Estate News
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
CoStar Group (NASDAQ: CGSP) announced it has filed an amended complaint in its ongoing lawsuit against Zillow (NASDAQ: Z, ZG), alleging the Seattle-based brokerage has continued to commit copyright infringement of its photographs. According to the updated filing,...
CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
According to the updated filing, Zillow has unlawfully used more than 50,000 CoStar’s proprietary images across its sites. Continue Reading CoStar Group Files Amended Complaint in Copyright Infringement Lawsuit Against Zillow
Survey: Most Montana Voters Oppose Substituting Property Taxes with a Statewide Sales Tax
A new survey of Montana voters found an overwhelming lack of support for replacing property taxes with a new statewide sales tax. The survey, conducted by Montana Free Press and the Eagleton Institute of Politics at Rutgers University found 48% of respondents stating...
CMBS Delinquency Rate Dropped to 7.14% in February
The delinquency rate for commercial mortgage-backed securities (CMBS) decreased by 33 points in February to 7.14%, according to a new data report from Trepp Inc. One year ago, the delinquency rate was 6.30%. “The decline came thanks to a net decrease in overall...
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
News & Current Events
Shayne Farley Becomes CEO at Stellar MLS
Last July, Farley was announced to become the successor to Merri Jo Cowen. Continue Reading Shayne Farley Becomes CEO at Stellar MLS
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
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Exclusive News
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
Canadian Home Sales and Prices Down During November
There were 173,000 properties listed for sale across all Canadian MLS Systems at the end of November, up 8.5% from one year earlier. Continue Reading Canadian Home Sales and Prices Down During November
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Houses of worship are very special pieces of real estate, and violence against these buildings and the people within them has become too commonplace. Continue Reading A Phil Hall Op-Ed: It Can’t Happen Here, Can It?
Canadian Housing Starts Up 9.4%
Montreal posted a 24% year-over-year increase in actual housing starts this month driven by higher multi-unit and single-detached starts. Continue Reading Canadian Housing Starts Up 9.4%
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
National Trust for Historic Preservation Sues to Stop Work on White House Ballroom
The Trump administration did not immediately comment on the lawsuit. Continue Reading National Trust for Historic Preservation Sues to Stop Work on White House Ballroom