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Report: Community Bank Earnings to Drop By 12% Year-Over-Year

Report: Community Bank Earnings to Drop By 12% Year-Over-Year

by Phil Hall | Jun 11, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, WRE News Exclusive

U.S. community bank earnings for 2024 are expected to be 12% lower compared to one year ago, according to a new report from S&P Global Market Intelligence. The newly published “2024 U.S. Community Bank Market Report” found elevated interest rates are pressuring...
Robert Arigo Promoted to CEO at LuxUrban Hotels

Robert Arigo Promoted to CEO at LuxUrban Hotels

by Phil Hall | Jun 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LuxUrban Hotels Inc. (NASDAQ: LUXH), a Miami-headquartered hospitality company which leases hotels and rents rooms to business and vacation travelers, has named Robert Arigo as its next CEO. Arigo joined LuxUrban in March as chief operating officer. Prior to his work...
Sean Hannity Sells Long Island Estate at Discounted Price

Sean Hannity Sells Long Island Estate at Discounted Price

by Phil Hall | Jun 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Long Island estate of Sean Hannity sold for $12.7 million, down from the $13.75 million sought by the Fox News star when it was listed last month. The Wall Street Journal reported the property was acquired by a fan of the political commentator, who has relocated...
Dan Flavin, Louisiana Realtor and Lawmaker, Dies at 67

Dan Flavin, Louisiana Realtor and Lawmaker, Dies at 67

by Phil Hall | Jun 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Daniel (“Dan”) Thomas Flavin, a prominent Louisiana-based real estate executive who served in his state’s legislature, passed away on June 6 at the age of 67 after a brief illness. Born in Joliet, Illinois, on May 31, 1957, Flavin graduated from McNeese State...
A Phil Hall Op-Ed: A 10% Mortgage Rate Under Trump?

A Phil Hall Op-Ed: A 10% Mortgage Rate Under Trump?

by Phil Hall | Jun 10, 2024 | A Phil Hall Op-Ed, Industry Updates, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: For most of the ongoing presidential campaign, the Biden team and its apologists in the legacy media have been berating voters for not appreciating the economy created under the 46th president. Belatedly, the people pushing the strategy realized...
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