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In May 2020, CoStar announced it acquired online real estate platform Ten-x, formerly Auction.com, for $190 million. In October, CoStar Group bought Germany-based real estate data company Emporis. In November, it was announced that CoStar Group acquired Homesnap, a residential mobile application provider, for $250 million in cash.
The settlement with the Realtors' association ended guaranteed commissions but could impose new costs on buyers already struggling to break into the market.
In a significant turn of events for the real estate industry, the NAR reached a proposed $418 million settlement agreement in a class-action antitrust lawsuit. The lawsuit, brought on by a group ...
“It could turn out to be a good thing,” said Belinda Tucker, a Realtor who started her own real estate firm last year in Moore County, North Carolina. “Or it could turn out to be the worst ...
The Fair Foreclosure Act (FFA), N.J.S.A §§ 2A:50-53 to 2A:50-73, is a state law that protects residential mortgage debtors and establishes a uniform statutory framework under which courts can more clearly identify the rights and remedies of the parties involved in foreclosure proceedings throughout New Jersey.
In April 2015, RLHC acquired GuestHouse International, LLC and its two brands, GuestHouse International and Settle Inn & Suites, from Boomerang Hotels in a deal with up to $10 million. [20] [21] The acquisition more than doubled Red Lion's size from 57 properties to 130 [22] properties and added 5,187 rooms to its portfolio.
The Federal Reserve has a dual mandate: maximum employment and price stability. When inflation began creeping up (eventually hitting a four-decade high), the Fed took action.
greystar .com. Roosevelt Point Apartments in Phoenix, Arizona, are operated by Greystar. Greystar Real Estate Partners is an international real estate developer and manager based in the United States. As of 2023, Greystar had over $76 billion in gross assets under management, [1] and operated in 17 countries. [3]
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