Governor Andrew M. Cuomo is backing the Assembly’s plan to place a mandatory 2 percent ceiling on property tax in New York and has made passing a property tax cap his number one priority before the ending of the legislative session on June 20.  The cap is geared towards areas like Long Island, Westchester County,..

Henry Cisneros, urban real estate investing expert, former HUD Secretary and four-term mayor of San Antonio, shares his thoughts with GlobeSt.com on changing demographics and its affects on urban investing and development. In a six-question interview, Cisneros discusses America’s new city-friendly economy, advises cities to advance infrastructure plans to promote environmental sustainability, and speculates the suburban-to-urban development..

CoStar Group began offering 3.75 million common shares to fund the pending $860 million acquisition of LoopNet, Inc, an online commercial real estate property listing space.  Through this, CoStar will acquire extensive economic data concerning the CRE market, including coverage of property values, market conditions, and available real estate. Read more at HousingWire