Industries

The proprietors of the Lorraine Hotel in downtown Toledo have received multi-year prison sentences from a federal judge for orchestrating a $3.9 million fraudulent real-estate investment scheme, while a third person received probation.

Some of Miami Beach's priciest real estate is now a relative bargain, even in the billionaire enclave of Fisher Island.

Tenants at so-called Class C buildings paid 54% of total rents due in June by the middle of the month, according to a study by LeaseLock.

Boston Common is planning to confront banks and real estate investors as an eviction crisis looms across the U.S., one that's likely to disproportionately impact Black Americans and other minorities.

Oahu's housing market remained depressed in July, though new sales data shows the severity of the decline is easing.

Squeezed up by a combination of low supply and high demand, home prices broke records in nearly every major Washington county last month, even as the pandemic's onslaught continued to wreak havoc with other parts of the economy.

A Dallas developer has admitted to paying bribes to a former city councilwoman in exchange for her lobbying efforts and votes to provide $650,000 in taxpayer money for his Fair Park apartment project.

Even though revenues beat analysts' estimates, Zillow lost $84 million in the second quarter, with its mortgage business losing $240,000.

In the face of the COVID-19 pandemic, Southern Nevada home prices continued to inch higher in July, according to a new report.

Commercial real estate fundamentals improved in July, but the pandemic continues to affect development projects and is likely to remain a significant challenge for more than a year, according to a COVID-19 impact report by the NAIOP Commercial Real Estate Development Association.

So far, only Tulsa County has opted in, but the Indian Nation Council of Governments is working with officials across the state to get other counties on board.

PREIT, which owns a number of large malls, is trimming the salaries of its CEO and chief financial officer while suspending dividend payments as part of a deal with its lenders to stave off default as the coronavirus pandemic continues to take its toll on the troubled company.

The combined impact of coronavirus forbearance periods ending while low rates persist means large workloads for title insurers, appraisers and others.

Some real estate agents in the Daytona Beach, Fla., area have been reporting an increase in bidding wars for homes because of the low inventory.

Mortgage rates fell 2 basis points this week, remaining near their historic lows as they have for the past month with the markets roiled by uncertainty, according to Freddie Mac.

Even amid a global pandemic — and by all accounts spurred by it — Palm Beach, Fla., single-family property sales surged during the second quarter, according to a new round of real estate reports.

The private equity megalith's mortgage trust made a second-quarter net income of over $17.5 million and $85.2 million in core earnings.

Born from the burgeoning real estate market that preceded the Great Recession, flipping homes has become a national fascination over the past two decades.

As home loans surge and lenders look to expand, they're doing a cost-benefit analysis on the possibility of opening more commercial locations.

Google has allocated $115 million out of a $250 million investment fund for affordable housing projects in the Bay Area.