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Russians Are Buying Up Lithuanian Residential Real Estate

Russians Are Buying Up Lithuanian Residential Real Estate

by Phil Hall | Jul 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Russian citizens are on a real estate shopping spree – not in their own country, but in neighboring Lithuania. According to the Lithuanian national broadcaster LRT, Russians have purchased 297 properties in Lithuania during the first half of this year. Most of the...
Manhattan’s Office Vacancy Level at New Record High

Manhattan’s Office Vacancy Level at New Record High

by Phil Hall | Jul 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Manhattan’s office property market broke a record in the second quarter, with a new high of 70 million square feet of available space. According to a data report by Savillis, the availability rate rose by 20 basis points in the second quarter to 19.7%, the highest...
D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Arlington, Texas-based builder D.R. Horton Inc. has acquired Truland Homes, a privately owned homebuilder focused along the Florida and Alabama Gulf Coast markets, for approximately $100 million in cash. The acquired homebuilding assets of Truland Homes include...
Vincent Deorio Named CEO at Denver’s redT Homes

Vincent Deorio Named CEO at Denver’s redT Homes

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

redT Homes, a Denver-headquartered developer of sustainably built homes in Colorado, has hired Vincent Deorio as CEO. Deorio was previously with Atlas Real Estate, where he served as a senior executive overseeing all growth and corporate development, and Mynd, where...
Texas AG Paxton Will Not Testify at His Impeachment Trial

Texas AG Paxton Will Not Testify at His Impeachment Trial

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Texas Attorney General Ken Paxton will not testify at his own impeachment trial, which centers on his relationship with real estate developer Nate Paul, a friend and political donor. According to a report in TheHill.com, Paxton’s trial begins Sept. 5 within the Texas...
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