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VanWest Partners Acquires Three Self-Storage Properties

VanWest Partners Acquires Three Self-Storage Properties

by Phil Hall | Nov 21, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Denver-based real estate investment firm VanWest Partners announced its acquisition of three self-storage assets in Arkansas, Georgia, and Nevada. The acquired properties are based in Springdale, Arkansas, with 539 units and 72,645 net rentable square feet (NRSF);...
Tampa Bay Rays Warn They May Never Move Into New Stadium

Tampa Bay Rays Warn They May Never Move Into New Stadium

by Phil Hall | Nov 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The owners of the Tampa Bay Rays said the team will not be able to move into their planned new stadium for the 2028 season, and there is a good chance they may never relocate to the new venue. The Associated Press reported the team’s executives informed Florida’s...
Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’

Chicago Mayor Cuts Property Tax Proposal While Telling Critics to ‘Grow Up’

by Phil Hall | Nov 20, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson has cut his $300 million property tax proposal in half while lecturing his City Council detractors to “grow up” in their negotiations on the municipal budget. CBS News reported Johnson’s initial $300 million proposal was rejected by the...
Survey: Most Buyers Move to Find a Bigger and Better Home

Survey: Most Buyers Move to Find a Bigger and Better Home

by Phil Hall | Nov 20, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Why do people want to move? A new survey from Redfin (NASDAQ: RDFN) determined people are in search of bigger and better surroundings – as well as finding a cheaper place to live. In a survey of 1,802 adults, respondents cited a desire for more space (31.2%) as the...
Donald Coulter Steps Down as Chief Executive at MCAN Mortgage

Donald Coulter Steps Down as Chief Executive at MCAN Mortgage

by Phil Hall | Nov 20, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Toronto-headquartered MCAN Mortgage Corporation (TSX: MXP) (OTCMKTS: MAMTF) announced Donald Coulter has resigned as president, CEO and a member of the board of directors. Coulter joined MCAN in December 2023, having previously served as CEO of connectFirst Credit...
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