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Compass Acquires Colorado’s PorchLight Real Estate Group

Compass Acquires Colorado’s PorchLight Real Estate Group

by Phil Hall | Jul 9, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Compass Inc. (NYSE: COMP) has announced its acquisition of PorchLight Real Estate Group, a Colorado-based brokerage. Founded in 2005 by Amy Bayer and Carol Bayer, PorchLight serves the Denver and Boulder markets. In 2024 alone, the brokerage closed $922.3 million in...
Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium

Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium

by Phil Hall | Jul 9, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A class action lawsuit has been filed seeking to stop Ohio’s plan to use public funds to pay for a new stadium for the NFL’s Cleveland Browns. News from the States reports former State Rep. Jeff Crossman (D-OH) is leading the legal team that is challenging the state’s...
HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region

HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region

by Phil Hall | Jul 9, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a 90-day foreclosure moratorium on Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been impacted by the severe...
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans

A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans

by Phil Hall | Jul 9, 2025 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Federal Housing Finance Agency (FHFA) Director Bill Pulte took a break yesterday from his endless and emetic harassment of Federal Reserve Chairman Jerome Powell to make an announcement framed in the manner one associates with news of life-saving...
Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires

Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires

by Phil Hall | Jul 9, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
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