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Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units

Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units

by Phil Hall | Jul 28, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

International buyers purchased 49% of new South Florida construction, pre-construction and condo conversion sales over an 18-month period ending in June, according to a data report released by Miami Realtors. Roughly 86% of the global sales of South Florida new...
Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs

Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs

by Phil Hall | Jul 28, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) is leading a group of progressive lawmakers in questioning a Federal Housing Finance Agency (FHFA) directive to the government-sponsored enterprises (GSEs) to count cryptocurrency as an asset for a mortgage. In a letter to FHFA Director...
Grant Cardone Seeks CFO for New Endeavor

Grant Cardone Seeks CFO for New Endeavor

by Phil Hall | Jul 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

High-profile real estate investor Grant Cardone has put out a call for a chief financial officer for his latest endeavor. “Looking for a CFO with REIT experience running a public company to take Cardone Capital public,” Cardone wrote on his X page. “If you are tired...
Canada Invests $81.5 Million into New 159-Unit Development in Toronto

Canada Invests $81.5 Million into New 159-Unit Development in Toronto

by Phil Hall | Jul 28, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Canadian government has announced the investment of over $81.5 million through the Apartment Construction Loan Program for the creation of 159 new rental units in Toronto. The nine-story development at 3101 Bathurst Street Vivant at Bedford Park will be developed...
Thompson Thrift Endows $1.4 Million Gift to Indiana State University

Thompson Thrift Endows $1.4 Million Gift to Indiana State University

by Phil Hall | Jul 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The multifamily developer Thompson Thrift announced a $1.4 million gift to Indiana State University, whose board of trustees approved the naming of the Thompson Thrift Department of Construction Management in the Bailey College of Engineering and Technology. Beginning...
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