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Hits and Misses for the Real Estate Week of Oct. 2-6

Hits and Misses for the Real Estate Week of Oct. 2-6

by Phil Hall | Oct 6, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A candidate for president talks about the housing market, a hospitality group does not want Los Angeles homeless people in the city’s hotels, and an old Iowa jail is up for sale. From the wild and wooly world of real estate, here are our hits and misses for the week...
NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy

NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy

by Phil Hall | Oct 6, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Lawrence Yun, the chief economist for the National Association of Realtors, is warning that today’s mostly positive jobs report should not be embraced as evidence of an improving economy. “The job market continues to crank out jobs in high figures: 336,000 in...
Highgate Names Tom Manness Head of Hospitality Division

Highgate Names Tom Manness Head of Hospitality Division

by Phil Hall | Oct 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Highgate, a New York City-based real estate investment and hospitality management company, announced the appointment of Tony Maness as executive vice president of operations and head of Highgate Select, a division of the company focused on the differentiated...
REIT Acquires DHS-Leased Atlanta Property

REIT Acquires DHS-Leased Atlanta Property

by Phil Hall | Oct 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Easterly Government Properties Inc. (NYSE: DEA), a real estate investment trust (REIT) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, has acquired a 97,969-square-foot facility in...
Bart Sobieralski Joins JLL as Vice President

Bart Sobieralski Joins JLL as Vice President

by Phil Hall | Oct 3, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

JLL’s (NYSE:JLL) Value and Risk Advisory platform announced the hiring of Bart Sobieralski as a vice president in the firm’s New York City office. Sobieralski will focus on business development, particularly for the Environment & Property Condition (EPC) group. He...
Mill Creek Residential Taps Kel Frazier as President of Acquisitions

Mill Creek Residential Taps Kel Frazier as President of Acquisitions

by Phil Hall | Oct 3, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Mill Creek Residential, a rental-housing investment firm that acquires, manages and develops premier rental communities across the nation, has hired Kel Frazier as president of acquisitions. In his new role, Frazier will be responsible for all facets of the...
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