July 30, 2025 - 16:35
Crescent Real Estate LLC has announced the appointment of Troy Furbay as its new Managing Director of Hospitality. Furbay, who is well-regarded in the fields of lodging and real estate investment, brings a wealth of experience to this pivotal role. In his new position, he will spearhead Crescent’s hospitality investment platform, focusing on identifying and executing promising investment opportunities.
Furbay's responsibilities will also include optimizing the performance of the existing hospitality portfolio, ensuring that it meets the company's high standards for excellence. He will work closely with Crescent’s teams, partners, and operators to further the firm's strategic vision and investment objectives within the hospitality sector.
His leadership is expected to drive growth and innovation in Crescent’s hospitality endeavors, positioning the company to capitalize on emerging trends and market demands. Furbay’s extensive background in the industry will be instrumental in navigating the complexities of hospitality investments and enhancing overall operational efficiency.
September 14, 2025 - 12:38
Labor Department Revises Job Growth Downward, Increasing Pressure on FedThe Labor Department has released a surprising revision, revealing that the U.S. economy added 911,000 fewer jobs than previously reported for the 12 months ending in March 2025. This significant...
September 13, 2025 - 23:43
Fannie Mae's Forecast for Mortgage Rates in 2025 and 2026Fannie Mae`s recent projections indicate a persistent trend of elevated mortgage rates extending into 2025 and 2026. The forecast suggests that homebuyers should prepare for rates hovering around 6...
September 13, 2025 - 07:35
Rance M. Sanders Real Estate Program Launched with New MajorThe recently inaugurated Rance M. Sanders Real Estate Program has introduced an innovative undergraduate major alongside an established minor, aiming to enhance educational opportunities in real...
September 12, 2025 - 23:17
Real Estate Market Faces Lowest Transaction Volume in Nearly Three DecadesIn a significant shift within the real estate market, experts are reporting that transaction volumes have plummeted to their lowest levels since 1994. This downturn is largely attributed to rising...