Marc Holliday, president of SL Green Realty Corp., New York, has been promoted to chief executive officer of the company and will retain his current title as well.SL Green said company founder Stephen L. Green, who has been the CEO, will continue in his post as chairman and as a full-time executive officer with responsibility for developing "key market relationships" and real estate opportunities while overseeing the company's strategic direction. Mr. Holliday joined the company in 1998 as chief investment officer and has held the title of president since 2001. SL Green is a real estate investment trust that specializes in acquiring, owning, and managing office properties in Manhattan. It can be found online at http://www.slgreen.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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