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Bayview Asset Management Acquires Guild Holdings for $1.3 Billion

Bayview Asset Management Acquires Guild Holdings for $1.3 Billion

by Phil Hall | Jun 20, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The San Diego-based mortgage lender Guild Holdings Company (NYSE: GHLD) has announced it is being acquired by a fund managed by Bayview Asset Management LLC in an all-cash transaction valued at approximately $1.3 billion. Upon completion of the transaction, Guild will...
NAACP Protests Renovations at Boston’s White Stadium

NAACP Protests Renovations at Boston’s White Stadium

by Phil Hall | Jun 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Boston Branch of the NAACP has asked Mayor Michelle Wu to stop the redevelopment of White Stadium, citing multiple issues ranging including a lack of transparency in leasing the venue to a professional soccer team. The 10,519-seat facility, formally the George R....
Report: Median Home-Sale Price at New High, But Remains Below Median Asking Price

Report: Median Home-Sale Price at New High, But Remains Below Median Asking Price

by Phil Hall | Jun 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin (NASDAQ: RDFN) has determined the median home-sale price hit a record $396,500 during the four weeks ending June 15, a 1% year-over-year uptick. However, this is roughly $26,000 lower than the median asking price of $422,238. Redfin noted...
2,500-Home Community Planned for Austin Suburb

2,500-Home Community Planned for Austin Suburb

by Phil Hall | Jun 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Red Oak Development Group has announced the launch of Moxie, a new 589-acre interconnected community located south of Austin in Lockhart, Texas. The company plans to bring 2,500 homes to the community, with an estimated 20% of the land dedicated to parks and open...
Home Depot Follows QXO’s Lead with Unsolicited Bid for GMS Inc.

Home Depot Follows QXO’s Lead with Unsolicited Bid for GMS Inc.

by Phil Hall | Jun 20, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Home Depot (NYSE: HD) has made a surprise bid for the building products distributor GMS Inc. (NYSE: GMS) after Brad Jacobs’ QXO (NYSE: QXO) made a $5 billion unsolicited offer for the Tucker, Georgia-based company. The Wall Street Journal first reported Home Depot’s...
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