Real Estate News & Insights
Powell Announces He is Target of DOJ Criminal Probe
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Blackstone Completes Acquisition of Toronto’s Tricon Residential
“This transaction marks an exciting new chapter in Tricon’s history,” said Gary Berman, president and CEO of Tricon. Continue Reading Blackstone Completes Acquisition of Toronto’s Tricon Residential
JoAnn Blaylock Named President of Birchstone Residential
Blaylock was previously president of Quarterra Living, the property management arm of Lennar Corporation’s multifamily division. Continue Reading JoAnn Blaylock Named President of Birchstone Residential
Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
The fund will focus on acquiring and enhancing multifamily properties ranging from 20 to 50 units. Continue Reading Realtex Debuts Seed Fund Aimed at Multifamily Opportunities
Colorado Real Estate Agent Sentenced for $1 Million Investor Scam
Brett Lamperes to pay more than $1 million in restitution to 14 victims. Continue Reading Colorado Real Estate Agent Sentenced for $1 Million Investor Scam
Mortgage Demand Slumps Again
The Refinance Index was down by 3% from the previous week and was down 1% lower than the same week one year ago. Continue Reading Mortgage Demand Slumps Again
Rising Housing Prices Force Adult Kids to Move Back with Parents
46% of parents said their adult children returned home to live with them at some point. Continue Reading Rising Housing Prices Force Adult Kids to Move Back with Parents
New Housing Department Proposed for North Carolina
The bill also seeks the finance the new agency with $30 million in recurring funds starting with the 2024-25 fiscal year. Continue Reading New Housing Department Proposed for North Carolina
Village Premier Collection Joins The Real Brokerage’s Private Label Program
The Atlanta-based Village Premier brings $665 million in annual home sales. Continue Reading Village Premier Collection Joins The Real Brokerage’s Private Label Program
US Investors Buying Up Commercial Property Across London
Across the U.K., U.S. investors spent $3.8 billion on commercial real estate in the first quarter. Continue Reading US Investors Buying Up Commercial Property Across London
Guest Opinion: What’s Next for the Federal Home Loan Banks?
“Forthcoming actions and public engagement in 2024 include clarifying the FHLBank System mission,” said FHFA Director Thompson. Continue Reading Guest Opinion: What’s Next for the Federal Home Loan Banks?
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