Real Estate News & Insights
Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico
The 25,000-square-foot church property opened in 1950 and was listed on the National Register of Historic Places in 2011. Continue Reading Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico
Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Upon completion of the deal, Minto will cease to become a publicly traded company. Continue Reading Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Virginia Home Sales Up Amid Spike in New Listings
Last month saw 1,400 more new listings compared to one year earlier, a 16.7% upswing. Continue Reading Virginia Home Sales Up Amid Spike in New Listings
Biden to Change Rent Increase Cap on Some Affordable Housing Units
Properties that receive Low-Income Housing Tax Credit funding will be capped at 10%. Continue Reading Biden to Change Rent Increase Cap on Some Affordable Housing Units
Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Redfin also reported more than one-third of purchases from February were all-cash transactions. Continue Reading Typical Homebuyer’s Down Payment Up 24% From a Year Ago
Alamo Drafthouse Cinema Chain Reportedly Up for Sale
The Alamo Drafthouse Cinema chain is reportedly available for sale. According to a report by the entertainment news outlet Deadline culled from unnamed sources, there is no asking price floated for the chain, which spans 41 locations across 13 states. Unlike other...
Brooklyn’s Tallest Building Going to Public Foreclosure Auction
The 93-story residential Brooklyn Tower was completed last year by JDS Development. Continue Reading Brooklyn’s Tallest Building Going to Public Foreclosure Auction
Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
The house was added to the National Register of Historic Places on Jan. 3, 1978. Continue Reading Frank Lloyd Wright-Designed Home Outside of Chicago Listed at $779,000
Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
The combined portfolio comprises 48 properties within infill submarkets in Los Angeles and Orange counties. Continue Reading Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion
Publisher’s View: How the NAR Settlement is a Step Towards Ethical Real Estate Practices
Publisher's View: In a recent publication by the National Association of Realtors (NAR) titled "The Truth About the NAR Settlement Agreement," significant strides toward transparency and ethical conduct within the real estate industry are illuminated. This...
Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
The company now has a 33.8% office vacancy rate, which it attributed to slow growth and layoffs Continue Reading Amazon Seeks $1.3 Billion in Savings by Reducing Office Vacancies
Fraudster Sentenced in Brooklyn Real Estate Scam
Regine Norman was also ordered to pay restitution totaling $842,000. Continue Reading Fraudster Sentenced in Brooklyn Real Estate Scam
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