Hedge fund executive Bill Ackman’s Pershing Square Foundation has acquired two buildings on Manhattan’s Upper West Side for $260 million, with the goal of creating a brain research center at the properties. Fortune reports the foundation paid $190 million for 125 West...
Hedge fund executive Bill Ackman called on investors to reacquaint themselves with Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC), which resulted in a surge of stock activity for the government-sponsored enterprises (GSEs). In a series of posts on X on Sunday,...
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 5-9. Hit: Who Saw That Coming? The biggest...
Hilton Hotels Corp. (NYSE: HLT) has removed a Minneapolis-area franchise from its systems following reports that it refused and canceled reservations made by ICE agents. Yesterday, the Department of Homeland Security (DHS) called out the company on X, stating it...
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. From the wild and wooly world of real estate, here are our Hits and Misses for the week...