Real Estate

The Consumer Financial Protection Bureau (CFPB) released a report this week showing that mortgage complaints to the government agency have risen to their highest level in three years. The CFPB received approximately 38,100 mortgage origination and servicing complaints from January 1, 2020 through March 31, 2021, which is about 5% of all complaints the CFPB
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Bill and Melinda Gates’ divorce announcement is likely to spark one of the largest divisions of personal assets in history. Bill Gates is presently the world’s fourth-richest person, with a $130.5 billion fortune, stemming from his $25 billion stake in Microsoft, a host of publicly traded investments and a collection of ultra-luxury properties scattered across
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David L. Welch is CEO and President of Robinson Weeks Partners. One boat, one canal and one fragile global supply chain commanded the news cycle in late March as the Suez Canal blockage by the container ship the Ever Given laid bare an inefficient international logistics network that relied too heavily on optimal conditions. Due to
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Yesterday morning, two major real estate investment trusts – Realty Income O and Vereit Inc. – announced that they’ll be merging this year. The deal includes Realty Income acquiring Vereit in an all-stock transaction, with the latter’s shareholders receiving 0.705 shares of the takeover stock for each of their own they currently hold. When completed,
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NerdWallet’s Home Seller Report reveals what buyers and sellers should know in today’s market. NerdWallet recently released its Home Seller Report. Though the number of homes for sale across the country remain at record lows it appears more sellers will be coming to market over the next 18 months. According to the report “1 in 6 (17%)
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On Manhattan’s Billionaires’ Row, just off Central Park, a luxury four-bedroom residence is up for sale. Featuring ten-foot ceilings, four-and-a-half bathrooms and an eat-in kitchen, the unit also includes 24-hour concierge service. The catch? Good luck finding it on the open market. The seller, whose identity was not disclosed, is soliciting offers from just a
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