NYC council approves sweeping plan that includes 82,000 homes

NYC council approves sweeping plan that includes 82,000 homes

The New York City Council this week narrowly passed a housing plan backed by Mayor Eric Adams (D) known as “City of Yes,” which calls for the construction of 82,000 new homes... Read more »
Trump’s mass deportation plan could be ‘devastating’ to housing

Trump’s mass deportation plan could be ‘devastating’ to housing

President-elect Donald Trump’s plan to deport millions of undocumented immigrants could threaten one of the few bright spots in housing over the last few years: new home construction. Mass deportations would hit... Read more »
Trump’s plan to build houses on federal land, explained

Trump’s plan to build houses on federal land, explained

“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 »
BH3 Acquires Malibu Rentals with Plan to Offer For-Sale Units

BH3 Acquires Malibu Rentals with Plan to Offer For-Sale Units

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 »
North Dakota Voters Reject Plan To Eliminate Property Taxes

North Dakota Voters Reject Plan To Eliminate Property Taxes

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 returns to profitability, announces new strategic plan 

loanDepot returns to profitability, announces new strategic plan 

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 »
New Owners of Mt. Waterman Resort Plan Year-Round Access

New Owners of Mt. Waterman Resort Plan Year-Round Access

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 »
North Dakota Voters Reject Plan To Eliminate Property Taxes

6-Step Listing Launch Plan That’s Just Right For Today’s Real Estate Market

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 Advances Plan to Expand Hilton Universal City

Sun Hill Advances Plan to Expand Hilton Universal City

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 »
NAR Responds to Administration’s Rent Control Plan

NAR Responds to Administration’s Rent Control Plan

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 »