Year: 2024
Richard Simonelli returns to CoStar after five years away
CoStar Group continues to strengthen its executive team as the “portal wars” heat up. On Thursday, the firm announced the return of former vice president of investor and public relations, Richard Simonelli, after five years away from the firm, along with the promotion of Cyndi Eakin to chief accounting officer. …
Continue reading →Biden to propose national rent hike cap of 5%
President Joe Biden will propose on Tuesday a nationwide cap on rent hikes of 5% per year, according to The Washington Post, which cites “three people familiar with the matter.” The proposal will rescind unspecified tax breaks to landlords who raise rents by more than 5%, although it would only…
Continue reading →Official Partners co-founder Tal Alexander denies rape allegations in court filing
In court documents filed last week, Official Partners co-founder Tal Alexander denied allegations that he participated in the sexual assault of an acquaintance, Angelica Parker, who claims in a lawsuit that Tal and younger brother Alon Alexander raped her while Alon’s twin brother, Oren Alexander, watched. The filing provides responses…
Continue reading →As workers enter the retirement ‘red zone,’ they should opt for less investment risk
Just like a football team entering the red zone — the area of the field inside the opponent’s 20-yard line — should be extra cautious to avoid wasting a scoring chance, Americans who are nearing retirement should dial back aggressive investment strategies. That’s the advice of Kevin Wade, a financial…
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