5 signs the real estate market is cooling in Maine – Bangor Daily News
The BDN is exploring Maine’s housing crisis from every possible angle, from how it affects home prices, to what it means for Mainers across the state. Read our ongoing coverage here and fill out this form to tell us what you want to know. Several key economic indicators are aligning in Maine and nationally that […]
CFPB Supervisory Report Finds Unlawful Auto Repossessions, Breakdowns in Credit Report Disputes
Agency examiners identify improper practices across consumer financial products and services Early this month, the Consumer Financial Protection Bureau (CFPB) released its Supervisory Highlights report on legal violations identified during the CFPB’s supervisory examinations in the second half of 2021. The report details key findings across consumer financial products and services. “While most entities act […]
Boston real estate firm buys $15.7M Westborough warehouses, wedding venue – Worcester Business Journal
A Boston real estate firm bought two expansive Westborough properties, one of which is used as a wedding venue, for more than $15.7 million, according to the Worcester South District Registry of Deeds. The properties included were 45 Oak St., a 70,000-square-foot industrial building partially leased to Yusra Venues, which sold for $10.4 million. The […]
Florida Real Estate Roundup: Surfside, Deauville, 800 Brickell – Law360
By Nathan Hale (May 27, 2022, 8:58 PM EDT) — The Dubai-based company that is purchasing the site of last year’s deadly condominium collapse in Surfside, Florida, revealed plans Friday to build a Cavalli-branded luxury condo tower on the property. In a press release, Damac Properties, which paid $120 million for the 1.88-acre oceanfront property, […]
Atlanta real estate investor picks up 592-unit Doraville community – Atlanta Agent magazine
Community amenities include a fitness center, two swimming pools, soccer field, picnic and grilling areas and two dog parks. Courtesy of ARIUM Winters Chapel. Atlanta-based real estate company CARROLL acquired the ARIUM Winters Chapel apartment complex, formerly known as Jasmine Winters Chapel, in Doraville. Financial details of the transaction were not disclosed. A fund sponsored by […]
Real Estate Has Bucked the Deglobalization Trend – MSCI
Deglobalization has had profound implications for portfolio construction in listed assets. Conversely, with real estate, there are indications that the asset class has become more global in recent years. Return dispersion across national markets has decreased, while property type has become a more important return driver across all markets, suggesting stronger international alignment, as cross-border […]
Routt County real estate sales surpass $28M the week of May 20-26 – Steamboat Pilot & Today
Rout County real estate transactions totaled $28.3 million across 27 sales for week of May 20-26. 1175 Bangtail Way Seller: Jody Lynn and Robert Guy Levin Buyer: Joint Revocable Living Trust of Fernando Iturriaga and Alina M. Ledemsa Date: May 20, 2022 Price: $1,200,000 Property Description: 1,191-square-foot, two-bedroom, two-bath condo, Unit 2119 at Trailhead Lodge […]
Inside the frenzied negotiations to salvage a controversial real estate tax break – POLITICO
“Now, I wouldn’t totally rule out a program being in place on June 16. I wouldn’t bet on it. But you know, conversations continue,” Jim Whelan, president of the industry group the Real Estate Board of New York, said in a recent interview. “Does anyone dispute the fact that if you don’t have a program […]
Amid changing tenant expectations, here’s how the real estate industry is adapting – REJournals – REjournals.com
The prolonged COVID-19 pandemic has continued to have a strong impact across the real estate industry, from construction and brokerage operations to the marketing of listings and property closings. That uncertainty presents special challenges in working with existing tenants of leased space. Building management professionals and tenants themselves have stepped up to outfit properties to […]
Nicholas Cozza of Spokane County Discusses the PNW Real Estate Market – OCNJ Daily
Nicholas Cozza of Spokane County is a real estate agent in Washington State and a frequent contributor to publications covering the housing market. In the following article Nick Cozza discusses why the Northwest portion of the country is still seeing such a real estate boom. Need evidence of the hotter-than-hot real estate market in the […]