Hits and Misses for the Real Estate Week of Nov. 11-15
Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 11-15. Hit: Let’s Not Go, Brandon. Praise goes this...
CBRE Forecasts Stronger Hotel Industry Performance in Q4
A new forecast from CBRE (NYSE: CBRE) is predicting a greater vibrancy for the US hotel industry in the fourth quarter following a subdued third quarter. CBRE is predicting a 0.5% increase in revenue per available room (RevPAR) growth for 2024, down from the...
New Proposal Envisions $1 Billion Redevelopment of Astrodome
Houston’s Astrodome, the world’s first domed sports stadium which has been closed since 2009, is the subject of proposed $1 billion redevelopment project. According to combined media reports, the nonprofit Astrodome Conservancy which seeks to preserve the historic...
Miami Real Estate Broker Ordered to Jail for Boat Crash Death
A prominent Miami commercial real estate broker charged with vessel homicide in a 2022 boat crash that killed a teenage passenger has been ordered by a Miami-Dade judge to report to jail. WSVN reported George Pino, president of State Street Realty, will need to turn...
Advan Research Corp. Acquires Real Estate Intelligence from RetailStat
Advan Research Corp., a provider of foot traffic and transaction data analytics in the financial, real estate and retail industries, announced its acquisition of Real Estate Intelligence (REI) from RetailStat, a retailer health data and analytics company. REI is the...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
