“We’re generations past the federal government building affordable housing because we found that the private sector does a better job at it and can leverage the investment better,” Dworkin said. “Having the... Read more »
Florida-based BH3 Management has acquired a 68-unit residential property in Malibu’s coastal enclave of Point Dume. The purchase price was more than $70 million; it was financed through a $75-million loan from Maxim Capital. Located at... Read more »
State officials estimated that Measure 4 would cost North Dakota $3.15 billion in lost revenue over two years. Realtor.com Chief Economist Danielle Hale cautioned that while North Dakota’s property tax system might... Read more »
loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity.... Read more »
Angeles Mountain Partners LLC (AMP) acquired Mt. Waterman Ski Lifts LLC, assuming full management and operations of Southern California’s nearest mountain resort, Mt. Waterman. Located 60 minutes from Downtown Los Angeles in... Read more »
Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The... Read more »
Sun Hill Properties has moved forward with plans to build an 18-story addition to the Hilton Universal City hotel next to Universal Studios Hollywood. The Studio City-based investor run by hotelier Mark... Read more »
WASHINGTON, D.C.—National Association of Realtors® President Kevin Sears issued the following statement in response to the Biden Administration’s rent control plan: “NAR opposes misguided attempts to cap or control rental rates. Price... Read more »
Details on ways Chicago can improve and streamline administrative processes to build more housing and support commercial developments were part of the “Cut the Tape” report recently released by Mayor Brandon Johnson.... Read more »
Older Americans who own their home are financially incentivized to stay put, which is likely to worsen the ongoing inventory shortage, two Redfin studies found. In one recent survey, Redfin found that... Read more »