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Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges

Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The New York City-based law firm Weil, Gotshal & Manges has hired Thomas Henry to co-chair its U.S. real estate practice. Henry was previously co-managing partner and co-chair of the real estate department at Willkie Farr & Gallagher’s New York City office. In...
Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years

Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Contrary to the “Field of Dreams” catchphrase, new apartment complexes are being built but not that many people are coming to rent units. According to new data from Redfin (NASDAQ:RDFN), less than half (47%) of newly constructed apartments that were completed in the...
Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The multifamily community owner Morgan Properties has acquired a portfolio of 11 multifamily properties throughout Pennsylvania from the original developer and owner, The DePaul Management Company. The acquisition encompasses 3,434 units in the suburbs of Philadelphia...
Thompson Thrift to Develop Atlanta-Area Multifamily Community

Thompson Thrift to Develop Atlanta-Area Multifamily Community

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily developer Thompson Thrift announced its next project will be The Levi, a 212-unit Class A multifamily community located in the Atlanta suburb of Stockbridge, Georgia. The Levi will encompass roughly 15 acres within the 158-acre master-planned community...
Hits and Misses for the Real Estate Week of June 24-28

Hits and Misses for the Real Estate Week of June 24-28

by Phil Hall | Jun 28, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A presidential debate that mostly ignored housing issues, a growing disenchantment with homeownership and an effort to repopulate the villages of rural Italy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 24-28. Miss:...
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