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CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
CBRE is now projecting a 1.2% increase in revenue per available room growth for 2024. Continue Reading CBRE Adjusts 2024 Hotel Forecast, Citing Economic Conditions
Mortgage Rates Record Slight Uptick
The 30-year fixed-rate mortgage averaged 6.49% as of Aug. 15, up from last week when it averaged 6.49%. Continue Reading Mortgage Rates Record Slight Uptick
Trump Organization Plans Residential and Retail Project for Florida Golf Resort
The new project, which would carry the Trump brand, is budgeted at costing between $2.5 billion and $3 billion. Continue Reading Trump Organization Plans Residential and Retail Project for Florida Golf Resort
Foreclosure Activity Up During July
Nationwide, one in every 4,414 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Up During July
UBS to Close Real Estate Fund Focused on Office Market
The market value of the fund’s assets decreased 12% during the first half of the year. Continue Reading UBS to Close Real Estate Fund Focused on Office Market
SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
The complaint also named Jacqueline Burkhalter, Burkhalter’s spouse, and several related entities as relief defendants Continue Reading SEC Charges Todd Burkhalter and His Firm With $300 Million Real Estate Ponzi Scheme
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