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NAR Faces New Realtor-Filed Lawsuit

NAR Faces New Realtor-Filed Lawsuit

by Phil Hall | Aug 28, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) is facing its second realtor-filed lawsuit in a month. According to a report in The Real Deal, NAR is a co-defendant in a lawsuit filed by eight realtors against Move (the parent company of Realtor.com), News Corp (the parent...
Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex

Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex

by Phil Hall | Aug 28, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Community Preservation Partners (CCP), an affordable housing preservation developer, has announced its acquisition and planned renovation of Lexington Green Apartments, an affordable housing complex in El Cajon, Calif. CPP’s total development investment is...
Hamilton Zanze Sponsors Purchase of Nashville Apartment Community

Hamilton Zanze Sponsors Purchase of Nashville Apartment Community

by Phil Hall | Aug 27, 2024 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Hamilton Zanze, a San Francisco-based multifamily real estate investment firm, has sponsored the purchase of The Morris, a 19-story, 344-unit Class A apartment community in Nashville. The acquisition closed on Aug. 16 and the financial terms of the transaction were...
FHLBank Chicago Increases Funding for Housing Counseling Resource Program

FHLBank Chicago Increases Funding for Housing Counseling Resource Program

by Phil Hall | Aug 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced a $1.5 million increase for its Community First Housing Counseling Resource Program (HCRP) for the current program year. FHLBank Chicago launched the HCRP in 2022 to provide grants to HUD-certified...
Aurumys Expands Brokerage into Kansas City Market

Aurumys Expands Brokerage into Kansas City Market

by Phil Hall | Aug 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Phoenix-headquartered investment real estate brokerage Aurumys has opened its seventh office in its seventh state in Kansas City, Missouri. According to the new company, the new office will cover the entire metro territory across the Missouri and Kansas state...
Square Financial Services Launches Grant Initiative for Utah Community Development

Square Financial Services Launches Grant Initiative for Utah Community Development

by Phil Hall | Aug 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Square Financial Services, a Utah state-chartered industrial bank and an independently governed subsidiary of the fintech Block Inc. (NYSE: SQ), is now accepting applications for the 24 Squared grant initiative in partnership with the Community Foundation of Utah. The...
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