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New Twist Emerges in Struggle Over Marilyn Monroe Home

New Twist Emerges in Struggle Over Marilyn Monroe Home

by Phil Hall | Sep 25, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

The ongoing saga of the fate of the Los Angeles property that was Marilyn Monroe’s final home and the scene of her untimely death in 1962 has taken on a new twist as the identity of the property’s owner has been revealed. The property was acquired in August for $8.4...
$38.5 Million Construction Loan Closed for Brooklyn Apartment Project

$38.5 Million Construction Loan Closed for Brooklyn Apartment Project

by Phil Hall | Sep 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City-based Haussmann Development announced it has closed on a $38.5 million construction loan for 827 Sterling Place in the Crown Heights section of Brooklyn. The $55 million, seven-story project will feature 76 rental housing units, including 23 affordable...
New Forecast: Global Real Estate Crowdfunding Market to Reach $161 Billion by 2030

New Forecast: Global Real Estate Crowdfunding Market to Reach $161 Billion by 2030

by Phil Hall | Sep 25, 2023 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The global real estate crowdfunding market reached $11.5 billion in 2022 and is being forecast to reach $161.8 billion by 2030 with a compound annual growth rate (CAGR) of 45.9%, according to a new report from Vantage Market Research. The report noted residential real...
Donna Dewar Named CEO at the Appraisal Institute of Canada

Donna Dewar Named CEO at the Appraisal Institute of Canada

by Phil Hall | Sep 25, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Appraisal Institute of Canada (AIC) announced the appointment of Donna Dewar as its new CEO. Dewar begins her new job today and will officially assume the role of CEO on Nov. 1. Dewar brings more than 20 years of experience in the nonprofit sector and...
New Study Finds Affordable Homeownership Sinking to Three-Decade Low

New Study Finds Affordable Homeownership Sinking to Three-Decade Low

by Phil Hall | Sep 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of affordable homeownership has declined to a depth not seen in more than three decades, according to the new Real House Price Index (RHPI) published by First American Financial Corp. (NYSE: FAF). According to First American, the RHPI measures the price...
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