Real Estate News & Insights
SL Green Sells Manhattan Office Tower for $312.2 Million
The 37-story, 390,000 square foot property is currently 92% leased. Continue Reading SL Green Sells Manhattan Office Tower for $312.2 Million
Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion
People Inc. owns 26.1% of the outstanding common stock of MGM and would possess just over 50.1% of the equity of the company if the transaction is approved. Continue Reading Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion
Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
Florida has more than 1,400 developments blacklisted, with California, Colorado, Hawaii and Texas rounding out the top five states. Continue Reading Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Thomas John Sfraga was also known by the alias TJ Stone. Continue Reading ‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams
Voice of America Parent Agency Cancels Lease on New DC Headquarters
The USAGM cited “obscene over-spending including a nearly quarter-of-a-billion-dollar lease for a Pennsylvania Avenue high-rise.” Continue Reading Voice of America Parent Agency Cancels Lease on New DC Headquarters
Florida Lawmakers Consider Accessory Dwelling Units to Solve Affordable Housing Shortage
Under the legislation, ADUs would not be allowed in planned unit developments or master planned communities. Continue Reading Florida Lawmakers Consider Accessory Dwelling Units to Solve Affordable Housing Shortage
Grand Opening for The Lindley, 37-Story San Diego Luxury Highrise
The Lindley is LEED Gold Certified and offers electric vehicle charging stations and access-controlled bike storage. Continue Reading Grand Opening for The Lindley, 37-Story San Diego Luxury Highrise
5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker
Four real estate licensees and one mortgage broker recently entered into consent orders with disciplinary action. Continue Reading 5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker
Hits and Misses for the Real Estate Week of March 10-14
HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. Continue Reading Hits and Misses for the Real Estate Week of March 10-14
California Gives Provisional Approval for State Farm’s 22% Rate Hike
State Farm is California’s largest home insurer, with more than 1 million customers. Continue Reading California Gives Provisional Approval for State Farm’s 22% Rate Hike
Nebraska Contractor Indicted for Defrauding Customers
Bobby Bates Sr. is charged with two counts of wire fraud. Continue Reading Nebraska Contractor Indicted for Defrauding Customers
Seattle’s Mayor Seeks $45 Million Property Tax Hike to Fund Political Campaigns
The proposed tax would be levied over 10 years for the funding of the Democracy Voucher Program. Continue Reading Seattle’s Mayor Seeks $45 Million Property Tax Hike to Fund Political Campaigns
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