Real Estate News & Insights
South Dakota Senate Rejects Property Tax Exemption Increase for Disabled Veterans
Opponents of the bill argued it unfairly shifted the property tax burden onto other homeowners without addressing the problems in the state’s property tax system. Continue Reading South Dakota Senate Rejects Property Tax Exemption Increase for Disabled Veterans
Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium
Following the closing of the transaction, Veris’ common stock will no longer be listed on the NYSE. Continue Reading Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
The county’s budget includes pay raises from 1% to 3.5% for 5,000 public employees. Continue Reading North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
Listings Go Live at Brooklyn’s Tallest Residential Tower
The Brooklyn Tower features 143 luxury condominiums available for immediate occupancy. Continue Reading Listings Go Live at Brooklyn’s Tallest Residential Tower
The Agency Opens Fifth Spanish Office in Madrid
The brokerage also has Spanish offices in Marbella, Costa Blanca North, Mallorca, and Barcelona. Continue Reading The Agency Opens Fifth Spanish Office in Madrid
Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Austin and San Antonio attracted new levels of attention in the first quarter. Continue Reading Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
Mario Alberto Rodriguez will be sentenced on Aug. 12 and faces up to 20 years in federal prison and a possible $250,000 maximum fine. Continue Reading Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
Oceanfront Oregon Hotel Listed for Sale
The hotel was built in 1966 and spans nearly 2.5 acres across five buildings, with 900 feet of exclusive beachfront access. Continue Reading Oceanfront Oregon Hotel Listed for Sale
Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Oddly, the business did not suffer from bad reviews – it enjoyed an average rating of 4.8 stars from 851 reviews prior to the story going live. Continue Reading Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Douglas Elliman to Expand Globally
“Elliman International represents the natural progression of our legacy as America’s premier luxury real estate brokerage now becoming global,” said President and CEO Michael S. Liebowitz. Continue Reading Douglas Elliman to Expand Globally
