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Rhino Investments Group Acquires Oregon Retail Center

Rhino Investments Group Acquires Oregon Retail Center

by Phil Hall | Jan 2, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

Rhino Investments Group, a Las Vegas-based commercial real estate firm, has acquired Lancaster Marketplace, a retail center in Salem, Oregon. Spanning a location at the busy intersection of Lancaster Drive and Highway 22, Lancaster Marketplace is anchored by WinCo...
Dubai’s Real Estate Market Broke Sales Records for 2024

Dubai’s Real Estate Market Broke Sales Records for 2024

by Phil Hall | Jan 2, 2025 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

Dubai’s real estate market closed 2024 with new records for transactions and sales volume. New data from UAE-based fäm Properties has determined Dubai recorded 180,900 real estate transactions in 2024, up 36% from the 133,100 sales in 2023. The total sum from the...
Now-Defunct Success Real Estate Sued by Former Agents

Now-Defunct Success Real Estate Sued by Former Agents

by Phil Hall | Dec 31, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Twelve former agents with Massachusetts’ Success Real Estate have sued the company, which abruptly shut down two weeks ago, and its owner Stephen Webster. According to coverage in The Patriot-Ledger, the agents said they are owed hundreds of thousands of dollars in...

CMBS Delinquency Rate Up 17 Basis Points

by Phil Hall | Dec 31, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

The commercial mortgage-backed securities (CMBS) delinquency rate spiked by 17 basis points in December to 6.57%, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 206 basis points. The percentage of loans that are seriously...
Case-Shiller: National House Price Index Up 3.6% Year-Over-Year in October

Case-Shiller: National House Price Index Up 3.6% Year-Over-Year in October

by Phil Hall | Dec 31, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller US National Home Price NSA Index recorded its 17th straight new high, with a 3.6% annual return for October. This is down slightly from a 3.9% annual gain in the previous month. The 10-City Composite saw an annual increase of 4.8%,...
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