Luxury home prices in the U.S. surged by 8.7% year over year in the first quarter of 2024, with the median price hitting a record $1.225 million, according to data from Redfin. In comparison, prices […]
The rat’s nest of regs that is city zoning may stymie construction, redevelopment and conversion projects — but in the hands of the right visionary architects and engineers, zoning can also produce truly innovative […]
Ginnie Mae has filed a point-by-point response to the initial complaint of the case brought against it by Texas Capital Bank (TCB), which alleges that the government-owned company “extinguished, in return for no consideration, […]
Across the city’s boroughs, grocery stores are seeing green. The craters left by now-defunct big-box retail outlets, casualties of the pandemic, are proving to be fruitful opportunities for well-positioned purveyors of perishables. “COVID helped […]
Ginnie Mae President Alanna McCargo is resigning from her position at the government-owned company effective May 3, according to an announcement issued Friday by the U.S. Department of Housing and Urban Development (HUD). Ginnie […]
The U.S. Department of Housing and Urban Development (HUD) this week announced a new rule aimed at bolstering the department’s Section 184 Indian Housing Loan Guarantee program, with the goal to increasing lender participation […]
Already this year, billionaire retail mogul Jeff Sutton has sold four prime retail properties for just under $2 billion. Famously reclusive, Sutton (who declined to be interviewed by The Post for this story), the […]
Alicia Goncalves has joined the Mortgage Bankers Association (MBA) as director of associate membership, the trade association announced on Friday. In this role, Goncalves will serve as the primary point of contact for MBA’s […]
The Peninsula New York is undergoing a major renovation right now and the consensus is: It’s about time! “People walk by the Peninsula now without noticing, and it’s sad,” said hospitality development consultant Adam […]
The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) announced the $12.8 million the sale of Cape Fear Village, a 183-lot mobile home property located in Fayetteville, North Carolina. Cape Fear Village opened in […]
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