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Study: Smart Home Market to Reach $734 Billion Value by 2031

Study: Smart Home Market to Reach $734 Billion Value by 2031

by Phil Hall | Jul 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global smart home market is predicted to attain a value of $734.75 billion by 2031, with a compound annual growth rate (CAGR) of 28.02%, according to a new market forecast published by SkyQuest. The security and access control market segments are expected to...
Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

by Phil Hall | Jul 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The private equity real estate investment firm Aspen Real Estate announced its $24.7 million foreclosure purchase of the Las Vegas-based Renaissance III, which it described as underperforming shopping center. Located two miles from the University of Nevada-Las Vegas,...
Thompson Thrift Announces New Multifamily Community for Florida

Thompson Thrift Announces New Multifamily Community for Florida

by Phil Hall | Jul 8, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The multifamily developer Thompson Thrift announced its latest development will be Terrassa, a Class A community in St. Augustine, Florida. Terrassa is part of the redevelopment of the former St. Augustine Outlets property off I-95 and will provide 324 one-, two- and...
Canada Seeks Design Services for Housing Design Catalogue

Canada Seeks Design Services for Housing Design Catalogue

by Phil Hall | Jul 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has announced a formal Request for Proposals (RFP) for the Housing Design Catalogue, with the goal of seeking design services for the development of low-rise housing. The first iteration of the Catalogue is slated to begin later this year and...
Hits and Misses for the Real Estate Week of July 1-5

Hits and Misses for the Real Estate Week of July 1-5

by Phil Hall | Jul 5, 2024 | Hits and Misses, News/Current Events, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. From the wild and wooly world of real estate, here are our Hits and Misses for the real estate week of July 1-5. Hit: MrBeast to the Rescue. The...
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