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Hits and Misses for the Real Estate Week of Oct. 7-11
A busy week for NAR, the struggle by Maui’s wildfire survivors, and guess who’s coming to dinner (and breakfast and lunch)? Continue Reading Hits and Misses for the Real Estate Week of Oct. 7-11
Hits and Misses for the Real Estate Week of Oct. 7-11
A busy week for NAR, the struggle by Maui’s wildfire survivors, and guess who’s coming to dinner (and breakfast and lunch)? Continue Reading Hits and Misses for the Real Estate Week of Oct. 7-11
7-Eleven to Close 444 Stores Across North America
Japan’s Seven & i Holdings (OTCMKTS: SVNDY) announced plans to close 444 of its 7-Eleven in North America, citing underperformance by the convenience store chain. C-Store Dive reported the company also agreed to offload an undisclosed number of properties in North...
Morguard Breaks Ground on Rental Community in Mississauga
The real estate and property management company Morguard Corporation (TSX: MRC) has begun construction of as new purpose-built rental community in the Port Credit section of Mississauga, Ontario. The new development will encompass one nine-story and two eight-story...
Chase Properties Acquires Retail Plazas in Upstate New York and Virginia
The real estate investment firm Chase Properties has announced two retail property acquisitions: Creekside Plaza in Ithaca, New York, and Waynesboro Town Center in Waynesboro, Virginia. The 180,000-square-foot Creekside Plaza was built in 2001 and is 95% leased, with...
NEWS & CURRENT EVENTS
Indiana Home Sales Up in September
Homes sold for a statewide median price of $260,000, up 5% from year earlier but down from the June peak of $273,000. Continue Reading Indiana Home Sales Up in September
15-Story Oakland Office Tower and Garage Sells at a Loss
The properties last changed hands in 2019 for $175 million. Continue Reading 15-Story Oakland Office Tower and Garage Sells at a Loss
Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
This is the fifth criminal investigation involving the mayors and his allies. Continue Reading Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
Marriott also agreed to pay a $52 million penalty to 49 states and the District of Columbia to resolve similar data security allegations. Continue Reading FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
7-Eleven to Close 444 Stores Across North America
The company did not provide details on which stores it would close and which would be sold and then leased. Continue Reading 7-Eleven to Close 444 Stores Across North America
Morguard Breaks Ground on Rental Community in Mississauga
“This project will enable residents to experience rental living at a higher level,” said Morguard Senior Vice President of Development Brian Athey. Continue Reading Morguard Breaks Ground on Rental Community in Mississauga
Chase Properties Acquires Retail Plazas in Upstate New York and Virginia
“Creekside Plaza and Waynesboro Town Center have strong tenant rosters with a proven history of robust sales performance,” said Co-CEO Andrew Kline. Continue Reading Chase Properties Acquires Retail Plazas in Upstate New York and Virginia
Indiana Home Sales Up in September
Homes sold for a statewide median price of $260,000, up 5% from year earlier but down from the June peak of $273,000. Continue Reading Indiana Home Sales Up in September
15-Story Oakland Office Tower and Garage Sells at a Loss
The properties last changed hands in 2019 for $175 million. Continue Reading 15-Story Oakland Office Tower and Garage Sells at a Loss
Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
This is the fifth criminal investigation involving the mayors and his allies. Continue Reading Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
Marriott also agreed to pay a $52 million penalty to 49 states and the District of Columbia to resolve similar data security allegations. Continue Reading FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches
Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
This is the DOJ’s first redlining settlement with a credit union. Continue Reading Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
Leadership Change at Chicago Community Loan Fund
Bob Tucker will become CCLF’s next president, effective Jan. 1, 2025. Continue Reading Leadership Change at Chicago Community Loan Fund
NAR Asks Supreme Court to Review DOJ Probe
“Although a new administration is free to change the government’s policies, it is not free to repudiate the government’s contracts,” NAR said. Continue Reading NAR Asks Supreme Court to Review DOJ Probe
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
