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Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

by Phil Hall | Jan 7, 2025 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

A real estate developer has apologized for the demolition of the Sydney residence that was the childhood home of AC/DC founders Malcolm and Angus Young, claiming it was unaware of its importance in Australia’s music history. News.com.au reports the residence at...

Toronto Home Sales Up, Prices Down in 2024

by Phil Hall | Jan 7, 2025 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

A total of 67,610 home sales were recorded in the Greater Toronto Area during 2024, a 2.6% increase from the 65,877 sales in 2023. According to data from the Toronto Regional Real Estate Board (TRREB), there was a total of 166,121 new listings for this market in 2024,...
CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’

CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’

by Phil Hall | Jan 7, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage & Finance, claiming the company was “setting families up to fail when they borrowed money to buy a manufactured home.” Maryville, Tennessee-based Vanderbilt originates...
LaSalle Investment Management Acquires Arizona Industrial Complex

LaSalle Investment Management Acquires Arizona Industrial Complex

by Phil Hall | Jan 7, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

Chicago-headquartered LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Arizona. The 36.79-acre property features 24-foot clear heights, dock-high and grade-level doors, and ample...
MBA Promotes Jamie Woodwell to SVP

MBA Promotes Jamie Woodwell to SVP

by Phil Hall | Jan 7, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) promoted Jamie Woodwell to senior vice president of commercial/multifamily policy and strategic industry engagement. Woodwell joined MBA in 2004, and most recently served as vice president and head of commercial real estate...
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