Real Estate News & Insights
Boston Office Tower Sells for $435 Million
The 18-story building was constructed in 2010 as the anchor commercial asset of The Fallon Company’s $4 billion Fan Pier development. Continue Reading Boston Office Tower Sells for $435 Million
Real Completes RE/MAX Acquisition, Creating Real REMAX Group
Real has completed its acquisition of RE/MAX Holdings, bringing the two companies together under newly formed Real REMAX Group following shareholder and court approvals. Continue Reading Real Completes RE/MAX Acquisition, Creating Real REMAX Group
Jewish Toronto Real Estate Broker Assaulted in Hate Crime Incident
Police identified the attacker as Abdulkadir Al-Jelani. Continue Reading Jewish Toronto Real Estate Broker Assaulted in Hate Crime Incident
Mike Kortas Launches evoLend as Start-Up Mortgage Servicing Company
Tammy Richards, chief strategy officer at NEXA, has been named CEO of evoLend, which will operate as an independent company. Continue Reading Mike Kortas Launches evoLend as Start-Up Mortgage Servicing Company
Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million
Joseph Makhani was found guilty of two counts of Criminal Possession of Stolen Property in the First Degree and one count of Scheme to Defraud in the First Degree. Continue Reading Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the newspaper’s reporter. Continue Reading Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
Wright was commissioned by Seamour and Gertie Shavin to create the residence. Continue Reading Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
CoStar Group Debuts Platform for French Commercial Real Estate Market
“France is one of the most important real estate markets in the world,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading CoStar Group Debuts Platform for French Commercial Real Estate Market
PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
The company added that more acquisitions are expected to occur during the third quarter. Continue Reading PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
List Prices Record Steepest Annual Decline in 9 Years
“Eight straight months of falling prices and seven straight months of rising pending sales are not a contradiction,” said Danielle Hale, chief economist at Realtor.com. Continue Reading List Prices Record Steepest Annual Decline in 9 Years
CMBS Delinquency Rate Drops by 20 Basis Points
Trepp attributed the drop to the lodging sector, which posted a 78 basis points decline to 5.22%. Continue Reading CMBS Delinquency Rate Drops by 20 Basis Points
Long Island Man Charged in $100K Real Estate Investment Scams
Arnulfo Castillo pleaded not guilty and was released to pretrial services. Continue Reading Long Island Man Charged in $100K Real Estate Investment Scams
