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Security Properties Acquires Seattle Apartment Complex for $34.7 Million

Security Properties Acquires Seattle Apartment Complex for $34.7 Million

by Phil Hall | Apr 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Security Properties, in partnership with RGA ReCap Inc. on behalf of Reinsurance Group of America Inc., has acquired Seattle’s 100-unit property Henry Apartments for $34.7 million. Henry Apartments was built in 2017, and Security Properties is planning a targeted...
Placemakr Launches First Utah Property

Placemakr Launches First Utah Property

by Phil Hall | Apr 15, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Placemakr, a flexible-use hospitality and multifamily operator, has launched of its first Utah property in Salt Lake City. Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished...
Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla

Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla

by Phil Hall | Apr 15, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Boston-area real estate investor took to social media to detail how a home seller’s agent refused to do business with him because he drove an automobile from Elon Musk’s Tesla Inc. (NASDAQ: TSLA). Charles Lamplough, who has 97,500 followers on TikTok, recalled what...
FHFA to Establish Mortgage Fraud Tip Line

FHFA to Establish Mortgage Fraud Tip Line

by Phil Hall | Apr 15, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has announced his agency is establishing a tip line for the reporting of mortgage fraud activity. In a series of posts on X, Pulte declared this will be part of an increased effort by the FHFA to combat...
First American Promoted CFO Mark E. Seaton to CEO

First American Promoted CFO Mark E. Seaton to CEO

by Phil Hall | Apr 15, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

First American Financial Corporation (NYSE: FAF) has promoted Chief Financial Officer (CFO) Mark E. Seaton to CEO. Seaton replaces Kenneth DeGiorgio, who departed the company after news broke that he was arrested in Puerto Rico for choking a passenger who insulted his...
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