JPMorgan CEO: Real estate is going to be a big problem for some banks

Not every bank is at risk, JPMorgan CEO Jamie Dimon said Monday during an investor conference. But for lenders with more exposure to commercial properties, the months ahead could be tough. Continue reading

Developer Richard LeFrak steps down from 140-year-old family firm

The longtime developer and CEO, who inherited the helm from his father Sam, will continue to work at LeFrak Organization as his sons, Jamie and Harrison, lead the company into the future. Continue reading

Minimize vacancies and maximize revenue: 5 tips to boost your rental

Manual tasks can take up a landlord’s time. But automating jobs and handling maintenance well can help keep renters in place and maximize a property’s revenue stream, experts told Inman. Continue reading

Lake Homes Realty launches Beach Homes Realty

The new company’s website will help homebuyers and sellers find beachfront, beach-view and beach-access homes easier with more than 68,000 coastal properties across 14 states from Texas to New Hampshire, according to the company. Continue reading

Real estate investors are still at the table — but fewer are bringing cash

Smaller real estate investors are stepping into the home market even as the big guns scale back. The result? Fewer all-cash investor offers, according to a Realtor.com analysis of deed records. Continue reading

Builder confidence rises as low inventory hikes new-home demand

New homes now represent a third of all homes on the market. That’s 2.5 times higher than the historical average for the two decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI. Continue reading

HGTV star Page Turner joins Coldwell Banker Exclusive

The real estate investment expert on HGTV’s “Fix My Flip” will lead Coldwell Banker Exclusive’s newly created affiliate, iKONIC Sports and Entertainment, to educate and empower clients in the sports and entertainment industries on real estate investing… Continue reading

Single-family rent growth slows for 11th straight month in March

Annual single-family rent growth decelerated to a rate of 4.3 percent during March, according to CoreLogic. Despite the slowing trend, rental prices are still largely going up on a monthly basis at a rate much higher than was typically seen before the … Continue reading

5 tips for what landlords should include in a rental lease agreement

Landlords will want to make sure to cover their bases when it comes to rent payments, security deposits and liability. Here are some tips for what to include in a rental lease agreement. Continue reading

Vornado Realty Trust enters ‘eye of economic storm’ with $2.6B debt

Real estate investment trust Vornado is attempting to calm investors after CEO Steve Roth signaled plans to pause its Penn Station projects and launch a $200 million share repurchase program. Continue reading