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Listing Price Cut on Beverly Hills Mansion with Celebrity History

Listing Price Cut on Beverly Hills Mansion with Celebrity History

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

The listing price on a Beverly Hills mansion with a history of A-list Hollywood residents has reduced to $19.9 million from the $22.9 million from its initial offer posted in June. Architectural Digest reported the 15,500-square-foot estate was built in 1941 and...
Smith Financial Corp. Completes Acquisition of Home Capital Group

Smith Financial Corp. Completes Acquisition of Home Capital Group

by Phil Hall | Sep 1, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The acquisition of Toronto-based Home Capital Group Inc. (TSX: HCG) by Smith Financial Corp. has been completed. Last November, Home Capital agreed to be acquired by Smith Financial for C$44.00 per share in cash, or C$1.7 billion (US$1.2 billion) total. With the...
HUD Allocates $24 Million for Fair Housing Initiatives

HUD Allocates $24 Million for Fair Housing Initiatives

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

The U.S. Department of Housing and Urban Development (HUD) is awarding $24 million from its $56 million FY 2023 budget to support 57 fair housing organizations through the Fair Housing Initiatives Program (FHIP). According to HUD, these funds are being directed to...
Unsolicited Property Purchase Offers in Fire-Damaged Maui Under Investigation

Unsolicited Property Purchase Offers in Fire-Damaged Maui Under Investigation

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

Hawaii Gov. Josh Green announced that his state is now conducting probes into individuals who allegedly made unsolicited property purchase offers to residents in Lahaina, the center of the wildfire destruction on Maui. Green issued an emergency proclamation on Aug. 19...
Proptech Fortress Technology Solutions Expands into Canada

Proptech Fortress Technology Solutions Expands into Canada

by Phil Hall | Sep 1, 2023 | International Real Estate News, News/Current Events, Real Estate Agent Tools, WRE News Exclusive

Fortress Technology Solutions Inc., a Nashville-headquartered provider of property management software, has announced the general availability of its product in the Canadian market. In announcing this expansion, the company stated that its presence in Canada would...
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