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John B. Johnson, Co-Founder and Former CEO of MortgageAmerica Inc., Dies at 84

John B. Johnson, Co-Founder and Former CEO of MortgageAmerica Inc., Dies at 84

by Phil Hall | Apr 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

John B. Johnson, the co-founder and former CEO of MortgageAmerica Inc., passed away on April 15 at the age of 84. Johnson began his mortgage banking career began in 1966 at Colonial Mortgage Company, where he rose through the ranks to become chief operating officer....
Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

by Phil Hall | Apr 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) plan to divest an additional 166 supermarkets to gain regulatory approval of their proposed $24.6 billion merger. The Kroger-Albertsons transaction was announced last October, but in February a...
A Phil Hall Op-Ed: Blaming Stores for Retail Crime?

A Phil Hall Op-Ed: Blaming Stores for Retail Crime?

by Phil Hall | Apr 22, 2024 | Commercial Real Estate News

A Phil Hall Op-Ed: Last February, the Walgreens pharmacy chain closed a store in the Roxbury section of Boston. The company cited the location as being one of several where it claimed that “rampant theft” made it impossible to conduct business without criminal...
The Most Eco-Friendly Housing Market Is…

The Most Eco-Friendly Housing Market Is…

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

Six of the top 10 eco-friendly housing markets are in California and all 10 are either in the Pacific or Mountain time zones, according to a new data report from Realtor.com. For this report, data was culled from Realtor.com listings with eco-friendly keywords...
HUD Announces Final Rule for Federal Flood Risk Management Standard

HUD Announces Final Rule for Federal Flood Risk Management Standard

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

The U.S. Department of Housing and Urban Development (HUD) published a Federal Flood Risk Management Standard (FFRMS) final rule in the Federal Register designed to help communities prepare for and reduce flood damage. According to HUD, the final rule updates two of...
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