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Less Than 70,000 Home Sales in Greater Toronto Area During 2023

Less Than 70,000 Home Sales in Greater Toronto Area During 2023

by Phil Hall | Jan 4, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Greater Toronto Area (GTA) recorded less than 70,000 home sales during 2023, according to data from the Toronto Regional Real Estate Board (TRREB). The 65,982 transactions reported through TRREB’s MLS System last year represented a 12.12% year-over-year decline....
Big Sky Medical Real Estate Acquires First Asset in Phoenix

Big Sky Medical Real Estate Acquires First Asset in Phoenix

by Phil Hall | Jan 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Big Sky Medical Real Estate, a Dallas-based investment manager focused on commercial properties, made its first acquisition in the Phoenix market with the purchase of the Blackhawk Medical Center. The three-building medical and office campus is located in the affluent...
Trepp CMBS Delinquency Rate Drops to 4.51%

Trepp CMBS Delinquency Rate Drops to 4.51%

by Phil Hall | Jan 3, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Trepp Inc. announced that its commercial mortgage-backed securities (CMBS) delinquency rate ended 2023 at 4.51%. December’s rate was a seven basis points decline for the month. At the end of 2022, the CMBS delinquency rate was 3.04%, a 147 basis points difference. For...
Sotheby’s International Realty Opens Office in Anguilla

Sotheby’s International Realty Opens Office in Anguilla

by Phil Hall | Jan 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty announced the opening of Anguilla Sotheby’s International Realty, the company’s 31st office in the Caribbean. Anguilla Sotheby’s International Realty, based on the West End, will serve the entire island and is owned by...
Rebecca Malmquist Elevated to 2024 President of the International Association of Assessing Officers

Rebecca Malmquist Elevated to 2024 President of the International Association of Assessing Officers

by Phil Hall | Jan 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Rebecca Malmquist has assumed the office of 2024 President of the International Association of Assessing Officers (IAAO). In her new role, Malmquist will serve as chairwoman of the IAOO’s board of directors and will preside over all meetings of the board and...
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