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NAR Cites June 18 Opt-In Deadline on Settlement Agreement

NAR Cites June 18 Opt-In Deadline on Settlement Agreement

by Phil Hall | Jun 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) published a reminder for certain brokerages of the June 18 deadline to opt into NAR’s Settlement Agreement resolving claims related to the Sitzer/Burnett case. According to NAR, brokerages with a residential transaction...
Multifamily Developer Wood Partners Enters RI and NH Markets

Multifamily Developer Wood Partners Enters RI and NH Markets

by Phil Hall | Jun 17, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developer Wood Partners is expanding its northeast presence with its first projects based in Rhode Island and New Hampshire. The company’s Alta Altitude in Rhode Island is designed as two four-story buildings containing 214 apartment homes with an...
NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners

NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners

by Phil Hall | Jun 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The New York City Register’s office was tricked into filing a fraudulent deed that claimed Ivanka Trump and Hillary Clinton were partnering on real estate deals totaling $150 million. The New York Post reported the fake deed claimed the political rivals were teaming...
Douglas Elliman Released from Batton 2 Lawsuit

Douglas Elliman Released from Batton 2 Lawsuit

by Phil Hall | Jun 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Douglas Elliman has become the latest brokerage to be released from a contentious homebuyers’ lawsuit regarding real estate broker commissions. According to combined media reports, the plaintiffs in the Batton 2 lawsuit dismissed the brokerage without prejudice,...
Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts

Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts

by Phil Hall | Jun 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The outgoing president of the Cleveland Federal Reserve welcomed this week’s data pointing to lower inflation readings but warned that the central bank has to “see that continue a bit longer” before it can consider cutting interest rates. In an interview...
Chris Black Named CFO at Inside Real Estate

Chris Black Named CFO at Inside Real Estate

by Phil Hall | Jun 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Inside Real Estate, a Murray, Utah-based provider of real estate software, announced the appointment of Chris Black as chief financial officer (CFO). Black has more than two decades of CFO experience, holding the title at companies including Quantix, Transflo &...
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