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Report: NFL Stadiums Could Experience $11 Billion in Losses from Climate Threats

Report: NFL Stadiums Could Experience $11 Billion in Losses from Climate Threats

by Phil Hall | Oct 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

NFL stadiums could experience up to $11 billion in cumulative losses by 2050 as a result of escalating climate threats, according to a new report from the climate risk analysis firm Climate X. The new analysis studied 30 NFL stadiums that have exposure to significant...
Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’

Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’

by Phil Hall | Oct 16, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Priscilla Almodovar, the CEO of Fannie Mae (OTC: FNMA) has looked at the housing market and said she never saw anything like it. In an interview with MarketWatch, pointed to home prices that are still at historic highs. “It’s a highly unaffordable market right now,”...
Airbnb Debuts Co-Host Network

Airbnb Debuts Co-Host Network

by Phil Hall | Oct 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Airbnb Inc. (NASDAQ: ABNB) is now offering a co-host network designed help Airbnb hosts manage their properties. Under the program, co-hosts will manage listings, answer reservation inquiries, communicate with guests, contract for cleaning services and handle problems...
Canada Invests Nearly $71 Million into 207 Rental Units in Montreal

Canada Invests Nearly $71 Million into 207 Rental Units in Montreal

by Phil Hall | Oct 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government is investing nearly $71 million for the construction of 207 purpose-built rental units in Montreal. Funding for this endeavor will be provided as fully repayable, low-interest loans through the Apartment Construction Loan Program (ACLP), which...
Australian Real Estate Agent Reportedly Flees Nation After Stealing $230,000 from Company

Australian Real Estate Agent Reportedly Flees Nation After Stealing $230,000 from Company

by Phil Hall | Oct 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A real estate agent who owned a franchise of Australia’s Ray White brokerage has reportedly fled the country after being accused of stealing hundreds of thousands of dollars from her company and clients. According to combined media reports, Debra Lawry – who...
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