From The Real Deal · Mike Romano · · 1m 20s
Real Estate Watches Election Day
Real estate bets $229 million on Election Day outcomes across key states.
In brief
Real estate bets $229 million on Election Day outcomes across key states. Real estate groups are spending $229 million to influence midterms, with major stakes in California, New York, Texas and Florida. Originally reported by The Real Deal.
Election Day Stakes
Real estate has nearly $229 million riding on Election Day outcomes.
California Political Map
California real estate supports Democrat Xavier Becerra with $39,200 from the California Real Estate Political Action Committee.
Los Angeles Council Race
Jose Ugarte, endorsed by Greater Los Angeles Realtors Association, emphasizes housing production against tenant advocate Estuardo Mazariegos.
New York Real Estate Shifts
New York real estate donors backed Governor Kathy Hochul and Republican Bruce Blakeman despite policy disagreements.
Texas Political Realignment
Texas real estate donors support Republican Ken Paxton over Democratic James Talarico with $1.4 million versus $272,000.
Florida Property Tax Measure
Florida voters decide statewide property tax measures and hyperlocal public land development rules.
Real Estate's Midterm Strategy
Real estate groups are spending $229 million to influence midterms across key states.
Other Real Estate News
Alexander brothers sentenced to 30 years, E11even developer fires anti-Muslim email, and Florida condo loans hit record.
Real Estate's Political Impact
Real estate's $229 million midterm spending highlights its growing influence in state policy decisions.
What to remember
Real estate groups are spending $229 million to influence midterms, with major stakes in California, New York, Texas and Florida.
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