LoopNet, an online commercial real estate marketplace, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock.The San Francisco-based company said the number of shares to be offered and the price range have not yet been determined. LoopNet enables commercial real estate brokers, and other agents, to list properties for sale or lease. In addition, the company provides technology and information services to enable commercial real estate organizations to manage their online listings and property marketing. The company can be found on the Web at http://www.loopnet.com.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.
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The pace of revenue growth slowed toward the end of 2024, with the trend continuing into the first three months of this year, NAHB reported.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.
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The firm, now going by Fairway Home Mortgage, said the change is a representation of plans to create a "connected ecosystem."
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