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Bill Ackman’s Pershing Square Invests $900 Million for More Control of Howard Hughes Holdings

Bill Ackman’s Pershing Square Invests $900 Million for More Control of Howard Hughes Holdings

by Phil Hall | May 5, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Bill Ackman’s Pershing Square Capital Management is investing $900 million into Howard Hughes Holdings Inc. (NYSE: HHH), enabling it to acquire 9 million newly issued shares of the company. The investment increases Pershing’s stake in Howard Hughes to 46.9% from...
Homa, a New AI-Powered Homebuying Platform, Debuts in Florida

Homa, a New AI-Powered Homebuying Platform, Debuts in Florida

by Phil Hall | May 5, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Homa, a new homebuying platform powered by artificial intelligence (AI), has launched today in Florida. Homa eschews human real estate agents and enables buyers to navigate the homebuying process using AI tools trained on state-specific laws and the same coursework...
Survey: 43% of Canadian Homeowners Needed Family Assistance to Buy Their Property

Survey: 43% of Canadian Homeowners Needed Family Assistance to Buy Their Property

by Phil Hall | May 5, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

One of the most popular financial entities for Canadian homeowners has been the Bank of Mom and Dad. According to a new survey by BMO (NYSE: BMO), 43% of Canada’s homeowners said they could not have purchased their home without assistance from family. The survey...
North Dakota Governor Signs ‘Historic’ Property Tax Bill

North Dakota Governor Signs ‘Historic’ Property Tax Bill

by Phil Hall | May 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Dakota Gov. Kelly Armstrong signed a property tax relief bill into law this weekend that is designed to assist North Dakota homeowners while limiting growth in local spending. House Bill 1176, which passed in North Dakota’s House 86-4 and the Senate 46-0 on...
Amazon Acquires 23-Story Manhattan Office Property

Amazon Acquires 23-Story Manhattan Office Property

by Phil Hall | May 5, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Amazon Inc. (NASDAQ: AMZN) has expanded its New York City real estate portfolio by acquiring a 23-story Manhattan office building. According to combined media reports, the 600,000-square-foot property at the corner of Fifth Avenue and 44th Street was constructed in...
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