TRENTON, NJ – A bill introduced in Trenton aims to eliminate discriminatory practices within property appraisals by mandating anti-bias training for real estate appraisers. The proposed legislation prohibits appraisers from …
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BROOKLYN, NY – Salvatore Strazzullo, a Brooklyn lawyer, has been charged with the theft of approximately $3.8 million from four clients, according to Brooklyn District Attorney Eric Gonzalez. The funds, …
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Democratic Boston Mayor Michelle Wu proposed legislation in late March that would let the city hike taxes on its already struggling commercial real estate sector. The proposal is meant to …
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Real Estate Group Reaches Deal That Could Cause Massive Change To How Americans Buy Homes Will Kessler on March 15, 2024 The National Association of Realtors (NAR), a trade association …
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Washington, DC – Franklin A. Olaitan, a 51-year-old from Beltsville, Maryland, has been sentenced to over three years in prison for his involvement in a real estate fraud scheme. On …
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(Adds graphic) By Carolina Mandl, Matt Tracy and Saeed Azhar NEW YORK/WASHINGTON (Reuters) -New York Community Bancorp’s exposure to commercial real estate has intensified investor scrutiny around regional banks, with …
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By Huw Jones LONDON (Reuters) – The European Union’s 1.1 trillion euro ($1.19 trillion) real estate funds sector faces multiple risks related to leverage, valuations and liquidity, requiring “stepped up …
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By Naomi Rovnick LONDON (Reuters) – Commercial property stocks and bonds are rallying as forecasters widely predict the end of a market slump triggered by a multi-trillion dollar debt burden. …
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By David Randall NEW YORK (Reuters) – Falling inflation and expectations of an economic soft landing are buoying hopes for U.S. real estate stocks in 2024, even as the sector …
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Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due Will Kessler on January 17, 2024 Commercial real estate is facing a mountain of debt that …
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By David French (Reuters) – Sixth Street has appointed Marcos Alvarado as its head of U.S. real estate, according to a statement on Tuesday, as it seeks further investments in …
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SEOUL (Reuters) – South Korea’s financial authorities will step up monitoring of real estate projects, the finance ministry said in a statement on Friday. There are lingering concerns over real …
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SAN DIEGO, CA – The husband and estate of Ashli Babbitt, who was killed during the January 6, 2021, Capitol riot, have filed a lawsuit against the U.S. government. The …
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DEVON, PA – The latest HomExpert Report by Berkshire Hathaway HomeServices Fox & Roach, REALTORS® reveals significant changes in the Greater Philadelphia real estate market for November 2023. The report …
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NEW YORK (Reuters) – A long-awaited U.S. rule aimed at curbing money laundering in real estate has reached a key White House office for review, the final hurdle for it …
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SUFFOLK COUNTY, NY – Suffolk District Attorney Raymond A. Tierney announced the arrest of Riverhead attorney Peter A. Saad, Jr., 46, on Wednesday. Saad faces charges of Grand Larceny in …
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Two more defendants have been charged for scamming Chinese investors out of more than $26 million, announced U.S. Attorney for the Northern District of Texas Leigha Simonton. Stephen Wall, 65, …
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(Reuters) – Powerlong Real Estate said on Wednesday its cash on hand and bank deposits would not be enough to cover existing and future debt, making it the latest Chinese …
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By Jack Queen (Reuters) -Donald Trump Jr. testified on Monday about what he called the “sexiness” of his father’s real estate portfolio, in his second time taking the stand in …
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By Jonathan Stempel NEW YORK (Reuters) – A lawsuit filed on Monday accuses the Real Estate Board of New York (REBNY) and more than two dozen brokerages and companies of …
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By Shankar Ramakrishnan (Reuters) – Private lenders, in pole position as high interest rates leave them as the sole option for many in the commercial real estate market (CRE), are …
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By Lewis Jackson and Rae Wee SYDNEY (Reuters) – Private credit lenders are increasing their footprint in parts of the Australian commercial property market, providing alternatives for borrowers as banks …
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TORONTO (Reuters) – Canada’s Brookfield Asset Management has fired Cushman & Wakefield from handling its office and logistics listings in the United States, a spokesperson for the real estate brokerage …
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BRICK, NJ — A three-day auction for a luxury riverfront estate on Princeton Avenue in Brick Township concluded on October 26, apparently without a sale. The property, named Princeton Shores, …
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FREEHOLD, NJ – The shift to remote working continues to leave a significant imprint on New Jersey’s real estate market. A surge in home purchases and rentals outside traditional commercial …