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NYC office conversions face scrutiny after Pfizer HQ incident
Buckling columns at the former Pfizer headquarters this week forced evacuations across seven Midtown East blocks. The incident raises new questions about office-to-residential conversion, one of several tools the city has used to add housing. It is also a tool Mayor Zohran Mamdani leaned into because it fit his affordability narrative. Mamdani has framed housing […]
Synergy One to take over Newrez distributed retail mortgage operations
Synergy One will assume Newrez’s distributed retail business, as Newrez doubles down on JVs and direct channels in a bid for long-term growth.
Visionary Homes names former Oakwood exec Ryan Smith CEO
Visionary Homes, one of Utah’s largest privately held homebuilders, appointed Ryan Smith as CEO effective Sept. 1, 2026, while co-founder and current chief executive Jeff Jackson will become chairman of the board on Jan. 1, 2027.
CFPB seeks input on mortgage disclosures and TRID rules
CFPB issued an RFI on TRID, refinance rescission and reverse mortgage disclosures, asking if current rules raise costs and limit access.
Why it will be hard to get mortgage rates over 7%
The 10-year yield touched 4.60% on Iran headlines, but tighter spreads and a 6.50% to 6.75% base keep 7% less likely.
Sotheby’s International Realty acquires Majestic Realty Collective
The acquisition expands Sotheby’s presence in luxury and resort markets, with additions in Colorado, Utah, Nevada, California and more.
