Lawmakers in the U.S. House of Representatives and U.S. Senate are seeking to address the rising costs of living for U.S. seniors, primarily those living on fixed incomes, which would be accomplished by increasing […]
The Federal Reserve’s Federal Open Markets Committee (FOMC) maintained its short-term policy interest rate steady at a range of 5.25% to 5.5% for a sixth consecutive meeting on Wednesday. “The Committee does not expect […]
Coppell, Texas-based Birchstone Residential, the in-house property management company division of the multifamily investment firm Ashcroft Capital, announced the appointment of JoAnn Blaylock as president. Blaylock was previously president of Quarterra Living, the property management […]
Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) have completed their previously announced plan in which Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust Inc. acquired all the outstanding […]
To the surprise of no one, the Federal Reserve has opted to maintain interest rates at the current level. The central bank’s policymaking Federal Open Market Committee stated it would keep the target range for […]
The commercial mortgage-backed securities (CMBS) delinquency rate surged in April by 40 basis points to 5.07%, according to new data from Trepp Inc. This marked the highest delinquency rate level since the 5.35% that was […]
The Naftali Group, a Manhattan-based developer, is partnering with the investment firm Access Industries on Williamsburg Wharf, a Brooklyn waterfront development consisting of five 22-story residential towers encompassing 850 condominium units. The new development is […]
Taste the rainbow. Live the rainbow. In honor of Skittles’ newest innovation, Skittles Littles, they’re encouraging fans to live large — in a small but impressive way. One lucky person will get the chance to […]
As the housing crisis continues to grip California, its neighbor Nevada finds itself in the crosshairs, facing skyrocketing prices that could potentially sway the political landscape in favor of Donald Trump come election time. In […]
A longtime honeymoon hot spot will soon shutter after almost half a century in business. East Stroudsburg, Pennsylvania’s Pocono Palace Resort — known for its patented 7-foot tall champagne glass whirlpool bath for two and […]
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