Gen Z’s share of purchase rate locks hits record high in ‘generational handoff’

For the Class of 2026, launching a life in New York City comes with serious sticker shock as local rents hit a seven-year high, promising an uphill financial battle even for graduates entering high-paying industries. This spring, the median asking rent in the Big Apple reached $3,707, up 4.6%, or $164, compared to a year…

Stockdale Capital Partners has sold a pair of medical office buildings in Fairfax County to its anchor tenant.  The medical office campus at 8260 and 8280 Willow Oaks Corporate Drive in Fairfax County Inova Health System purchased the Willow Oaks Medical Campus, which totals around 383K SF, for $97.5M. The property is next to the…

Summer’s done, and the hustle of fall will soon be upon us. Part of the background noise of the season will be the elections for state and federal legislatures. That includes the New York State Senate and Assembly.  Those august Albany chambers are about to absorb a relatively large number of Democratic Socialists — and…

A federal judge granted a motion to dismiss one of the lawsuits accusing Zillow of a kickback scheme that steered borrowers to its more expensive in-house financing business and affiliated agents. Processing Content U.S. District Judge James Robart found the complaint lacked statutory standing for a Real Estate Settlement Procedures Act claim and the plaintiffs…

Coinbase (NASDAQ:COIN) has begun the formal process of seeking US approval for single-stock perpetual contracts that would trade around the clock. In an official company post on September 3, the exchange said it is working to bring those products onshore and that it filed SEC notice registrations this week for both its derivatives exchange and…