Tag Archives: investing

Once China’s biggest developer, Evergrande ordered to liquidate

By Ben Verde | January 29, 2024 - 5:50 pm |January 29, 2024 Uncategorized

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The developer was once considered too big to fail, but it over-borrowed and was hurt by China’s weakening property market. Continue reading →

Virginia landlord arrested for racial discrimination, rampant fraud

By Ben Verde | January 22, 2024 - 10:41 pm |January 22, 2024 Uncategorized

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David Merryman is accused by federal prosecutors of subjecting his Black tenants to violence and racist slurs. Continue reading →

NYC has approved 22% of STR applications under new law

By Ben Verde | January 22, 2024 - 8:40 pm |January 22, 2024 Uncategorized

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Nearly five months after new regulations took effect, NYC has ruled on 90 percent of applications from would-be short term rental hosts. Continue reading →

Blackstone to take Tricon Residential private in $3.5B deal

By Ben Verde | January 19, 2024 - 8:24 pm |January 19, 2024 Uncategorized

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Tricon is a landlord and developer of single-family rental homes in the United States and Canada with a portfolio of over 38,000 rentals. Continue reading →

Airbnb launches new council to address US housing crisis

By Ben Verde | January 19, 2024 - 6:05 pm |January 19, 2024 Uncategorized

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The Airbnb Housing Council will advise the home-sharing company on policies and initiatives it can support to combat housing affordability and inventory issues. Continue reading →

Pacaso’s Marnie Blanco on why co-ownership is poised for a big 2024

By Ben Verde | January 18, 2024 - 5:25 pm |January 18, 2024 Uncategorized

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Pacaso’s senior vice president of industry relations sat down with Inman ahead of Inman Connect New York next week to share the vacation-home platform’s big expansion plans for the new year. Continue reading →

Real estate coaches who preyed on Spanish speakers banned by FTC

By Marian McPherson | January 18, 2024 - 5:14 pm |January 18, 2024 Uncategorized

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The Federal Trade Commission has ordered Ganadores Real Estate to refund consumers after making false real estate coaching and mentoring promises. The group charged $28,000 per student and promised six-figure returns. Continue reading →

Office buildings are at ‘the beginning of a crisis’

By Ben Verde | January 16, 2024 - 8:15 pm |January 16, 2024 Uncategorized

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Landlords are confronting the fact that their commercial real estate holdings are becoming increasingly obsolete. Continue reading →

Chicago landlord, business groups sue to block transfer tax hike

By Taylor Anderson | January 5, 2024 - 8:12 pm |January 5, 2024 Uncategorized

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Voters are set to decide whether to increase the tax paid on real estate sales above $1M. Landlords and business groups say referendum violates the state constitution. Continue reading →

Rentals startup Frontdesk lays off all staff after failed funding round

By Ben Verde | January 3, 2024 - 5:38 pm |January 3, 2024 Uncategorized

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All 200 full-time staff members along with contractors and part-time staff were dismissed during “a two-minute Google Meet call.” Continue reading →