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Report: Bill Pulte Under Consideration as Next HUD Secretary

Report: Bill Pulte Under Consideration as Next HUD Secretary

by Phil Hall | Nov 13, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The private equity executive Bill Pulte is reportedly being considered to become the next Secretary of the Department of Housing and Urban Development (HUD). Pulte is the CEO of Pulte Capital Partners and has gained prominence for his philanthropic endeavors on X...
Rocket Companies Fizzles with Q3 Loss of $481 Million

Rocket Companies Fizzles with Q3 Loss of $481 Million

by Phil Hall | Nov 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Detroit-based Rocket Companies (NYSE: RKT) recorded a $481 million loss in the third quarter on $647 million in total revenue. The company’s dismal third quarter performance followed a mild $178 million profit in the second quarter, when the company’s total revenue...
NYC’s Iconic Friars Club Going to Foreclosure Auction

NYC’s Iconic Friars Club Going to Foreclosure Auction

by Phil Hall | Nov 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York City townhouse that has been the home of the Friars Club, a legendary private club for the entertainment industry elite, is scheduled to go a foreclosure auction on Nov. 26. The New York Post reported the five-story, 14,541-square-foot, English...
Michael Daly Joins Rafferty Holdings to Launch Real Estate Initiative

Michael Daly Joins Rafferty Holdings to Launch Real Estate Initiative

by Phil Hall | Nov 13, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Rafferty Holdings, a New York City-based private investment firm focused on asset management and fintech, announced the appointment of Michael Daly to launch its new investment strategy Rafferty Real Estate. In his new role, Daly will be responsible for designing the...
Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy

Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced the appointment of Florida real estate developer Steve Witkoff as his special envoy for the Middle East. Witkoff is the chairman CEO of The Witkoff Group, which he founded in 1997. According to his company’s website, Witkoff led...
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