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Jared Solomon has gone dark on his lawyers in an employment lawsuit against Newmark. An attorney for the convicted former Vornado Realty Trust executive says he has been unable to reach Solomon at the Metropolitan Detention Center in Brooklyn and asked for a 60-day extension to establish contact and determine how to proceed. But attorneys…
Does a cottage in the Lake District become less attractive to holidaymakers because the local council changes its approach to second homes? The view might still be the same and, assuming the British weather plays ball, people will still want to spend a week or two there. For an investor, however, the calculation behind…
In September, the Federal Reserve raised interest rates for the first time since 2023. There’s a reasonable chance they could do it again later this month. But even if they don’t, the market is pricing in multiple additional rate hikes in 2027. The labor market added just 29,000 jobs last month, continuing a streak of…
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The real estate investor share of home purchases fell 22% year over year in the second quarter of this year, according to a new report from CJ Patrick Co. and BatchData. Investors purchased a little more than 284,000 homes in the second quarter, up from a total of 277,000 purchased in the first quarter of…
Office spreads run 150 to 250 basis points. Multifamily arrears are trending up, and CMHC-insured applications fell from the prior quarter. “While capital remains available across all asset classes, uncertainty related to geopolitical tensions, trade disruption, and rising bond yields is beginning to reduce borrowing capacity and increase lender caution,” said Ron Dezman, senior vice-president,…
Exclusive-Investors temper Anthropic IPO valuation expectations over revenue growth slowdown, sources say
Serhant and Christie’s International Real Estate are developing a bit of a cross-state rivalry. After Serhant launched in Chicago with 10 agents from @properties Christie’s earlier this month, Christie’s snapped up a Serhant agent in New York. Nicole Palermo is leaving Serhant to join the recently relaunched Christie’s International Real Estate New York. Palermo initially…
“Sin City Rehab” star Alison Victoria is betting on a bold modern approach to her timeless designs to elevate the “boring” look of Las Vegas homes. The 44-year-old HGTV star has long showcased a signature old-meets-new decorating style on network shows, including “Windy City Rehab,” “Windy City Rehab: Alison’s Dream Home,” and “Rock the Block.”…
Barclays is increasing some residential rates by up to 22 basis points tomorrow, while also trimming others by up to 10bps. The largest increase is on an existing customer reward three-year fixed at 60% LTV with no fee, which will rise by 22bps from 5.13% to 5.35%. Barclays is raising the cost of two of…