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Lennar Acquires Nine Neighborhoods for 1,273 Homesites in New York State

Lennar Acquires Nine Neighborhoods for 1,273 Homesites in New York State

by Phil Hall | Dec 18, 2023 | Uncategorized

The homebuilder Lennar Corp. (NYSE:LEN) has acquired nine neighborhoods totaling 1,273 homesites in the Tuxedo Reserve, located in the Hudson Valley region of New York. Based in the town of Tuxedo and formerly known as Tuxedo Farms, the master-planned community will...
Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds

Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds

by Phil Hall | Dec 18, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The self storage industry is being impacted by the problems shaping the housing market, according to the latest Self Storage National Report from Yardi Matrix. The average annualized same-store asking rate per square foot for combined unit sizes and types averaged...
Royal LePage du Quartier Adds Montreal Brokerage to its Network

Royal LePage du Quartier Adds Montreal Brokerage to its Network

by Phil Hall | Dec 18, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Montreal brokerage Royal LePage du Quartier announced the addition of Royal LePage Alliance to its network of brokers. Royal LePage Alliance is owned by Tom Poulis and Spiro Bakopanos and has been part of the Montreal real estate market for over 20 years. The...
Hits and Misses for the Real Estate Week of Dec. 11-15

Hits and Misses for the Real Estate Week of Dec. 11-15

by Phil Hall | Dec 15, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Reserve’s mixed messaging, a music icon’s embrace of commercial real estate and a new record level of homelessness. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 11-15. Hit: Keeping a Finger on the Pause...
Rod Stewart Hikes Price on Beverly Hills Mansion to $80 Million

Rod Stewart Hikes Price on Beverly Hills Mansion to $80 Million

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

When luxury homes are listed and fail to attract buyers, many sellers will cut the price. However, British music icon Rod Stewart is taking a different approach on his Los Angeles-area estate. According to Mansion Global, Stewart listed his 33,000-square-foot mansion...
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