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Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
Judge Jeremy Kernodle, a Trump appointee, declared that FinCEN “fails to explain or show how non-financed residential real estate transactions are categorically ‘suspicious.'” Continue Reading Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
“Our client believes the existing Soldier Field site is the ideal location for a world-class venue,” said Edward Peck, managing director of Edward Peck Design. Continue Reading New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Redfin cited estimates that predicted AI could displace up to 30% of US jobs, with 80% of workers affected in some way. Continue Reading Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
The financial terms of the deal were not disclosed. Continue Reading Trumark Homes Acquires Washington-Based Homebuilder JK Monarch
Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
She served as CREFC’s chairperson in 2010–2011 and was a member of its board of governors for more than nine years. Continue Reading Lisa Pendergast to Step Down from the Leadership of the CRE Finance Council
Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
To fill in the deficit, some proposals being considered include a $20 to $30 increase on property taxes. Continue Reading Buffalo Mayor Floats 25% Property Tax Hike for Closing City’s Budget Deficit
