Author: Rent Magazine Contributor

NEW YORK — A major cyberattack targeting United Natural Foods (UNF), one of the largest wholesale food distributors in the United States, has caused widespread disruptions to grocery supply chains across the country. The attack, which was detected on June 5, severely compromised the company’s IT infrastructure, leading to delays in food deliveries and shortages on store shelves. Retailers such as Whole Foods and IGA have been particularly impacted, with many customers reporting empty aisles and long delays in restocking. United Natural Foods, which supplies a wide range of products to grocery stores and food retailers, confirmed that while deliveries…

PITTSBURGH, PA — The 2025 U.S. Open, held at the iconic Oakmont Country Club, came to a thrilling conclusion on Sunday, June 15, with J.J. Spaun emerging as the champion. This victory marked a monumental milestone in Spaun’s career, as he claimed his first major championship title. Spaun, who had never before experienced the pressure of being in contention for a major, held his nerve in the final round, posting a solid 72 to secure a two-stroke victory over runner-up Robert MacIntyre. The win was capped off with an extraordinary 64-foot birdie putt on the final hole, a moment that…

MIDLAND, TX — The city of Midland embraced the spirit of freedom and community unity on Sunday, June 15, 2025, when Creative 360 hosted a lively and inclusive Juneteenth celebration. This annual event brought together a diverse group of residents to honor Juneteenth, a day of immense historical significance in American history. While Juneteenth is officially celebrated on June 19, the Midland celebration, which took place four days prior, was a reflection of the ongoing pursuit of justice, equality, and the freedom that marks the heart of the United States’ story. The festivities at Creative 360 featured an impressive array…

In June 2025, the U.S. real estate industry is undergoing a significant transformation as technology companies increasingly adopt artificial intelligence (AI) to enhance property transactions. AI-driven platforms are automating tasks such as property valuations, virtual tours, and customer service interactions, aiming to improve efficiency, reduce costs, and provide a more seamless experience for buyers and sellers. Automated Property Valuations One of the most impactful applications of AI in real estate is in property valuation. Modern Automated Valuation Models (AVMs) utilize AI algorithms to analyze extensive datasets—including historical sales, property conditions, neighborhood dynamics, and market trends—to provide accurate, consistent, and unbiased…

JetZero, a California-based aerospace startup, has announced plans to invest $4.7 billion in constructing its first manufacturing facility near Piedmont Triad International Airport (PTI) in Greensboro, North Carolina. This significant investment is projected to create more than 14,500 jobs over the next decade, marking the largest job commitment in North Carolina’s history . The new facility will produce JetZero’s innovative Z4 aircraft, a blended-wing-body (BWB) design that promises up to 50% greater fuel efficiency compared to traditional tube-and-wing airliners. The Z4 is designed to seat approximately 250 passengers and aims to enter commercial service in the early 2030s. At full…

As of June 2025, the U.S. residential real estate market is experiencing modest growth, characterized by stabilizing mortgage rates, increased housing inventory, and a slight uptick in home sales. While national trends indicate a gradual recovery, regional disparities continue to influence market dynamics. Stabilizing Mortgage Rates Provide Some Relief Mortgage rates have shown signs of stabilization, offering a measure of relief to prospective homebuyers. The average 30-year fixed mortgage rate has recently dipped to 6.84%, marking a slight decrease from the previous week. Although rates remain elevated compared to the historically low levels seen during the pandemic, this stabilization is…

On June 14, 2025, as President Donald Trump celebrated his 79th birthday with a grand military parade in Washington, D.C., millions of Americans across all 50 states participated in the “No Kings” protests. Organized by the grassroots 50501 Movement, these demonstrations aimed to oppose what participants perceive as the president’s authoritarian tendencies and the militarization of American politics. The “No Kings” protests were strategically scheduled to coincide with the U.S. Army’s 250th anniversary parade, an event that featured over 6,600 troops, more than 150 military vehicles, and 50 aircraft. Critics argued that the timing of the parade, aligning with the…

On June 13, 2025, U.S. financial markets experienced a sharp downturn as escalating hostilities between Israel and Iran rattled investor confidence worldwide. The Dow Jones Industrial Average tumbled 770 points, or 1.8%, closing at 42,197.79. The S&P 500 and Nasdaq Composite also suffered significant losses, dropping 1.1% and 1.3%, respectively, marking their steepest declines in weeks. The market turbulence was triggered by Israel’s extensive airstrikes on Iranian military and nuclear facilities, including the Natanz uranium enrichment site. In retaliation, Iran launched over 100 missiles and drones targeting Israeli cities, intensifying fears of a broader regional conflict. These developments sent oil…

True North Commercial Real Estate Investment Trust (TSX: TNT.UN) announced on June 13, 2025, its monthly cash distribution for June 2025. Unitholders of record as of June 30, 2025, will receive a distribution of $0.0575 per trust unit, payable on July 15, 2025. This marks the third consecutive monthly payout since the REIT reinstated its distributions in March 2025 at the same rate. The reinstatement of distributions earlier this year followed a strategic pause during 2024, during which the REIT focused on strengthening its financial position. In the first quarter of 2025, True North reported a core portfolio occupancy rate…

In 2025, the real estate sector is undergoing a significant transformation driven by the integration of Artificial Intelligence (AI) and Property Technology (PropTech). These advancements are enhancing operational efficiency, improving customer experiences, and reshaping both residential and commercial real estate landscapes. AI Enhances Property Management AI technologies are revolutionizing property management by automating routine tasks and providing data-driven insights. For instance, AI-powered tenant screening tools analyze various data points, including credit scores, income verification, and rental history, to predict tenant behavior and reduce vacancy rates. Predictive maintenance systems utilize IoT sensors and machine learning algorithms to monitor building systems in…