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WASHINGTON, DC-The US Department of Housing and Urban Development has reportedly failed for the first time to sell $450 million in distressed home loans.
NASHVILLE-The Tennessee State Comptroller issued a report on Wednesday that was critical of the state's real estate management contract with Jones Lang LaSalle.
RICHFIELD, MN-A plan by the Academy of Holy Angels to sell less than two acres of land on its campus here to a private developer for nearly $6 million has some alumni and city officials scratching their heads.
PHILADELPHIA-Developers Bart Blatstein, president of Tower Investments, and Richard Soloff, CEO of Soloff Realty Development, were joined by city officials on Wednesday to break ground on a much needed retail project in North Philadelphia.
RIDGEFIELD PARK, NJ-In the past month KABR Real Estate Investment Partners has acquired two buildings from Hartz Mountain Industries at Overpeck Center on Challenger Road here in an effort to reinvigorate the ailing office park here.
MOUNT HOLLY, NJ-A case involving a housing development proposal here that could have answered the question of whether clams under the federal Fair Housing Act require proof of intentional discrimination was settled before it was heard before the US Supreme Court.