Stay Ahead with the Latest Updates
Stay ahead in the ever-changing real estate market with our comprehensive news and updates. From market trends and investment opportunities to expert insights and property spotlights, we provide everything you need to make informed decisions. Whether you're a buyer, seller, investor, or industry professional, our real estate news keeps you connected to the pulse of the market.
The National Travel & Tourism Office reported that overseas travel to the US fell 11.6% in March compared with 2024 and is down 3.3% for the year to date. Visitors from Western Europe fell 17.2% in March, from the Middle East by 17.7%, South America 10.4%, Central America 23.9% and Mexico 23.2%; the statistics do not include Canadian visitors. "We'd like to see that clear message right now, that Canadians, Europeans, all travelers, are encouraged to come to the United States," U.S. Travel CEO Geoff Freeman told a congressional committee April 8, adding: "That message could be sent more loudly right now."
Travel Weekly
LuxUrban has been evicted from two Manhattan hotels amid mounting lawsuits, unpaid rent, and ongoing leadership turmoil.
Bisnow
The Federal Reserve Bank tracks the U.S. unemployment rate from 1948 to the present, providing historical context for labor trends across recessions, expansions, and policy changes.
Federal Reserve Bank
The City Planning Commission has given its approval to Related Companies' Hudson Yards casino proposal, a major step forward in New York City's competitive bid for downstate gaming licenses.
Commercial Observer
Two years after the failures of Silicon Valley Bank and Signature Bank sparked fears about regional banks' CRE exposure, lenders are now clearing distressed commercial real estate debt from their balance sheets.
Bisnow
As a hospitality business owner, understanding 2025's gifting landscape is essential. With the lifetime gift tax exclusion set to revert to lower pre-TCJA levels in 2026, now is the time to act. The window to gift up to $13.99 million tax-free may soon close, potentially impacting legacy planning and estate strategy.
Withum
Positive sentiment in commercial real estate is starting to build. Interest rates began to fall in the second half of 2024, transactional activity started to stabilize and tentative signs of asset-value growth returned to some slices of the market. But the recovery is still nascent and not everywhere all at once.
MSCI
The net percentage of banks reporting tighter loan conditions was almost at zero in the Federal Reserve’s latest quarterly survey of senior loan officers. The last time that occurred, in the first quarter of 2021, bank loan demand accelerated initially in multifamily and then a quarter later for nonresidential properties.
CoStar
President Donald Trump made good on his pledge to enact new tariffs, signing an executive order to implement a 25% charge on goods imported from Mexico and Canada and a 10% charge on Chinese products.
BisNow
Pressure continues to build on the owners of South Florida’s aging condos as financial pressures tighten in the wake of the reserve deadline.
BisNow