CBO projects FHA to lose  billion in 2024 receipts; budget cuts could impact reverse mortgages

CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact reverse mortgages

The Federal Housing Administration (FHA) faces a potential loss of roughly $7 billion in receipts in 2024, and a failure by Congress to come to terms on certain spending agreements could force... Read more »
Why California was right to ban ‘crime-free’ housing

Why California was right to ban ‘crime-free’ housing

Landlords across the country have been empowered to act as a kind of police force in the name of crime prevention for decades. How? Through local “nuisance property” laws and “crime-free housing”... Read more »

Piece of Eldorado Country Club with a Price Improvement

Looking to own a piece of Eldorado CC history? This mid-century modern GEM, designed by renowned architect William F. Cody, is now available for purchase. With its expansive entertaining bar and walls... Read more »
AG wants Trump banned from New York real estate business for life

AG wants Trump banned from New York real estate business for life

Former U.S. President Donald Trump attends the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James, at a... Read more »
Even rising mortgage rates won’t stop homebuyers

Even rising mortgage rates won’t stop homebuyers

Homebuyers are proving to have some pretty thick skin. Home prices are still rising, supply is getting leaner, mortgage rates are going up and competition is intense. Yet despite all the headwinds,... Read more »
Chicago Landlord, Business Groups Sue To Block Transfer Tax Hike

Chicago Landlord, Business Groups Sue To Block Transfer Tax Hike

Voters are set to decide whether to increase the tax paid on real estate sales above $1 million. Landlords and business groups say referendum violates the state constitution. The verdict is in... Read more »
MLG Capital Buys Suburban Apartment Complex for M

MLG Capital Buys Suburban Apartment Complex for $73M

MLG Capital, a Wisconsin-based real estate investor, paid nearly $73 million for Meadows at River Run, a 374-unit complex located at 350 Whitewater Drive in Bolingbrook, Illinois. MLG Capital purchased the property... Read more »
MLG Capital Buys Suburban Apartment Complex for M

Inglewood Transit Connector Set for $1B in Federal Funds

The Inglewood Transit Connector (ITC) Project is set to receive $1,009,430,998 in federal funds, moving the project closer to full funding. The approval is the second-to-last step in the Federal Transit Administration’s project evaluation... Read more »
MLG Capital Buys Suburban Apartment Complex for M

Life Science REIT Alexandria Marks 30th Anniversary

Alexandria Real Estate Equities, Inc., a pioneer developer of collaborative life science, agtech and advanced technology mega-campuses, marked the 30th anniversary of its founding on Friday. Launched on Jan. 5, 1994, the Pasadena-based... Read more »
DRE in the News – DRE

DRE in the News – DRE

COVERAGE INFORMATION: California Department of Real Estate (DRE) NEWS CLIPS service coverage: Monday through Friday (except state holidays) each week includes electronic format articles retrieved from newspapers or news services that... Read more »