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Alabama Home Sales Up for Fifth Straight Month

Alabama Home Sales Up for Fifth Straight Month

by Phil Hall | Jul 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Alabama during June totaled 5,423 transactions, up 4.1% from May for the fifth consecutive month of increases, according to data from the Alabama Association of Realtors (AAR). However, sales were also down by 17.5% from one year earlier. Alabama’s...
Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator

Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator

by Phil Hall | Jul 22, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
Icon Parking, NYC’s Largest Parking Company, is Acquired

Icon Parking, NYC’s Largest Parking Company, is Acquired

by Phil Hall | Jul 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Icon Parking, New York City’s largest parking company, has been acquired by a partnering of The Broe Group, a private investment firm, and Hudson Valley Parking Trust. Founded in 1947, Icon Parking is the largest minority-owned parking management, operating and...
13th Century English Abbey Listed at $4.5 Million

13th Century English Abbey Listed at $4.5 Million

by Phil Hall | Jul 22, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A 13th century abbey created by the brother of an English king has been listed for sale at $4.5 million. Burnham Abbey in Taplow, Buckinghamshire, was founded in 1266 as a convent for Augustinian canonesses by Richard, Earl of Cornwall, the brother of King Henry III....
Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo

Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo

by Phil Hall | Jul 21, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Joe Biden announced that he is discontinuing his re-election campaign and offered his endorsement of Vice President Kamala Harris to become the Democratic Party’s nominee for president. The 81-year-old Biden added that he would remain as president for the...
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