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Texas Attorney General Sues Real Estate Development for Fraudulent Practices

Texas Attorney General Sues Real Estate Development for Fraudulent Practices

by Phil Hall | Mar 14, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Texas Attorney General Ken Paxton has filed a lawsuit against Colony Ridge, a real estate development northeast of Houston, alleging that it engaged in deceptive trade practices and fraudulent real estate transactions. Paxton’s lawsuit stated Colony Ridge...
Tech Trends: A Proliferation of Pilfered Passwords

Tech Trends: A Proliferation of Pilfered Passwords

by Phil Hall | Mar 14, 2024 | News/Current Events, Real Estate News, Tech Trends, WRE News Exclusive

This week, Tech Trends considers why passwords get hacked and preview three new tools for the real estate professional. We’ve Been Hacked! A newly published survey of 2,000 Americans conducted by OnePoll and published by Forbes Advisor has found 46% of Americans...
MCS Acquires Five Brothers Asset Management Solutions

MCS Acquires Five Brothers Asset Management Solutions

by Phil Hall | Mar 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

MCS, a Lewisville, Texas-based national property services company, has acquired property preservation company Five Brothers Asset Management Solutions. The Warren, Michigan-based Five Brothers will be integrated within MCS, with the combined entity offering property...
Hilton Buys Graduate Hotels Brand for $210 Million

Hilton Buys Graduate Hotels Brand for $210 Million

by Phil Hall | Mar 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hilton (NYSE: HLT) has announced its $210 million acquisition of the Graduate Hotels brand from Adventurous Journeys Capital Partners. Graduate Hotels primarily focuses on markets near major colleges and universities in the U.S. and U.K. This is Hilton’s first brand...
Mortgage Rates Drop Again

Mortgage Rates Drop Again

by Phil Hall | Mar 14, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) found rates in decline. The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. A year ago at this time, it averaged 6.60%. The 15-year...
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