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Real Estate Attorney Neal Weinstein Joins Law Firm Kane Kessler as Partner

Real Estate Attorney Neal Weinstein Joins Law Firm Kane Kessler as Partner

by Phil Hall | Nov 2, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York City law firm Kane Kessler has hired Neal Weinstein as a partner in its real estate and general business groups. Weinstein brings more than 20 years of experience in commercial real estate transactions, with a primary focus on New York metro and...
FHA Proposes Policy Updates to HECM Program

FHA Proposes Policy Updates to HECM Program

by Phil Hall | Nov 2, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Administration (FHA) is seeking feedback on proposed policy updates to its Home Equity Conversion Mortgage (HECM) program. According to an announcement issued by the U.S. Department of Housing and Urban Development (HUD), the proposed updates are...
Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages

Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages

by Phil Hall | Nov 2, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly half (47.4%) of mortgaged U.S. residential properties were considered equity-rich in the third quarter, according to new data from ATTOM – down from 49.2% in the second quarter, which is the largest quarterly decline in four years. The share is also down...
Edson Awards Honors Affordable Housing Initiatives

Edson Awards Honors Affordable Housing Initiatives

by Phil Hall | Nov 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Affordable Housing Tax Credit Coalition (AHTCC) announced the winners of its 2023 Charles L. Edson Tax Credit Excellence Awards, which celebrate affordable housing initiatives and the organizations providing the most impactful use of the Low-Income Housing Tax...
Julia Roberts Sells Her San Francisco Mansion

Julia Roberts Sells Her San Francisco Mansion

by Phil Hall | Nov 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Actress Julia Roberts has sold her San Francisco mansion less than two weeks after putting it on the market. Realtor.com reported the five-level property in the city’s Presidio Heights neighborhood was acquired by the Oscar-winner in January 2020 for $8.3 million. The...
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