real estate

Jan

2025

Vanderbilt University’s NYC Property

All Posts, Featuresbusiness, king, new york, real estate, vanderbilt

-Albachiaraa- via iStockPhoto Vanderbilt University recently acquired 13 buildings and 150,000 square feet of property in Chelsea, NYC via a 99-year lease with the General Theological Seminary. Chancellor Diermeier announced that this space will be part of an expansion plan across a number of states and countries to expand opportunities for Vanderbilt students, faculty, alumni, and supporters. Another goal of this expansion into NYC is to benefit the city and neighborhood. Making a commitment of this magnitude is exciting and the possible opportunities are almost limitless. Students might be able to use this space to explore new career opportunities, explore…

Oct

2024

By Mark Ciampa

Realtor Compensation Gets Overhauled: How Does It Affect Nashville?

All Posts, Analysisciampa, housing, nashville, real estate, settlement

Feverpitched via iStockPhoto For decades, the National Association of Realtors (NAR), a trade association with over 1.3 million members, has established guidelines for structuring compensation for realtors representing homebuyers and sellers during most home sales in the United States, However, on August 17th, 2024, new NAR practices went into effect following a settlement between the NAR and a class of plaintiffs across the United States. In the antitrust lawsuit, plaintiffs asserted that the NAR’s guidelines for compensating realtors were anticompetitive and increased home prices through compensation structures that shared commissions between the realtors of homebuyers and home sellers. How have…