The federal Financial Crimes Enforcement Network (FinCEN) has renewed its Geographic Targeting Orders (GTOs) that requires US title insurance companies to identify the individuals behind shell companies used in non-financed purchases of residential real estate. The...
Castlelake LP, a global alternative investment manager specializing in asset-based private credit, has partnered with Niam Credit, an alternative credit provider in Northern Europe, to provide financing solutions to the Nordic real estate market. The partnership will...
An appeals court restored the so-called “mansion tax” referendum that Chicago voters will be voting on for their March 19 election. NBC Chicago reported that the Illinois Appellate Court reversed a circuit court decision that voided the referendum’s appearance on the...
The U.S. Department of Housing and Urban Development (HUD) has awarded nearly $4 million in to 11 entities for research regarding office property-to-residential conversions. The Offsite Construction and Land Use Reform Notice of Funding Opportunity (NOFO) divided $3...
There’s money to be found in bathroom sinks, according to a new study by Technavio that forecasts the market for this product sector will increase by $2.14 billion from 2022 to 2027, at a CAGR of 4.3%. The sector’s growth is attributed to an increase in renovation...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
