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Leadership Change at Chicago Community Loan Fund

Leadership Change at Chicago Community Loan Fund

by Phil Hall | Oct 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Community Loan Fund (CCLF), a nonprofit Community Development Financial Institution with nearly $200 million in assets, announced the retirement of Calvin L. Holmes after nearly 30 years with the organization, including over 26 as president. Holmes joined...
NAR Asks Supreme Court to Review DOJ Probe

NAR Asks Supreme Court to Review DOJ Probe

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has requested the U.S. Supreme Court to review whether the U.S. Department of Justice (DOJ) has the right to reopen an antitrust investigation that was resolved in a 2020 settlement. NAR’s writ of certiorari argues that the...
American Real Estate Association Seeks Input for Lawsuit Against NAR’s Clear Cooperation Policy

American Real Estate Association Seeks Input for Lawsuit Against NAR’s Clear Cooperation Policy

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The start-up American Real Estate Association (AREA) is soliciting input from real estate professionals to become involved in a potential class action lawsuit against the National Association of Realtors’ (NAR) Clear Cooperation Policy. “Many real estate professionals...
California’s Prime Real Estate Team Joins eXp Realty’s Network

California’s Prime Real Estate Team Joins eXp Realty’s Network

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (Nasdaq: EXPI), announced the addition of the Prime Real Estate Team, led by Robert and Angelica Yost, to its network. After operating for seven years with Side, the Prime Real Estate team – with 21 agents covering...
Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

by Phil Hall | Oct 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Heritage Affordable Communities, a real estate development and preservation company specializing in the affordable housing sector, has acquired 242 Low-Income Housing Tax Credit (LIHTC) units spread across three buildings located in the Bronx, New York. According to...
Hurricane Milton Arrives in Florida

Hurricane Milton Arrives in Florida

by Phil Hall | Oct 9, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Hurricane Milton has reached Florida as a Category 3 storm and is on track to create billions of dollars in damages. According to combined media hurricane reporting, this is the first major hurricane to strike Florida’s Tampa Bay since 1921. The Tampa Bay metro area...
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