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NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
NAR said the Times was writing a “false claim” that it was “a partisan organization with a right-leaning agenda.” Continue Reading NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate
Hudson Valley Property Group Acquires 22-Property Portfolio
The acquired properties are subject to low-income housing tax credit (LIHTC) rent restrictions. Continue Reading Hudson Valley Property Group Acquires 22-Property Portfolio
Additional Reading: Top Real Estate News & Headlines
RealPage Says DOJ Dropped Antitrust Investigation
The DOJ offered no public comment on its actions. Continue Reading RealPage Says DOJ Dropped Antitrust Investigation
Sotheby’s International Realty Opens First South Dakota Affiliated Office
The new office is owned and operated by the siblings Dana Fisher and Danielle Konechne. Continue Reading Sotheby’s International Realty Opens First South Dakota Affiliated Office
Gindi Equities Acquires Second Multifamily Community in Fargo
The 252-unit property was acquired from Property Resources Group, which will continue to manage and service the asset. Continue Reading Gindi Equities Acquires Second Multifamily Community in Fargo
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
“After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company. Continue Reading EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
Former Ginnie Mae Chief Takes Role at Freddie Mac
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
Trump Says He Has No Plans to Remove Powell as Fed Chairman
Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
Hits and Misses for the Real Estate Week of Dec. 2-5
A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 2-5
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
James Macchio was sentenced to 42 months in prison and two years of supervised release. Continue Reading Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
HUD Announces New Disaster Assistance Initiatives
Foreclosure moratoriums were extended for households impacted by Hurricanes Irene and Milton. Continue Reading HUD Announces New Disaster Assistance Initiatives
MaxHome Raises $2 Million in Pre-Seed Funding Round
MaxHome established partnerships with leading real estate brokerages including Baird & Warner and the Jason Mitchell Group. Continue Reading MaxHome Raises $2 Million in Pre-Seed Funding Round
Feds to Shed 8 Government Buildings
The GSA plan said the reduction will involve 1.5 million square feet and more than $475 million in estimated cost avoidance over 10 years. Continue Reading Feds to Shed 8 Government Buildings
Dollar General Plans 575 New US Stores in 2025
Also being planned is the full remodeling of 2,000 stores, renovations at another 2,250 outlets and the relocation of 45 stores. Continue Reading Dollar General Plans 575 New US Stores in 2025
Q3 Equity Gains Down by More Than 5%
The rate of equity growth dropped from 8% from the second quarter to 2.5% in the third quarter. Continue Reading Q3 Equity Gains Down by More Than 5%
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
