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Fed’s Powell: ‘Our Policy Rate is Likely at Its Peak’

Fed’s Powell: ‘Our Policy Rate is Likely at Its Peak’

by Phil Hall | Mar 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Chairman Jerome Powell confirmed that the central bank will cut rates, but stopped short of offering a possible timeline on when rates will come down. In prepared remarks delivered today before the U.S. House Financial Services Committee, Powell noted...
Corey Levin Joins Honigman LLP’s Real Estate Services Practice Group

Corey Levin Joins Honigman LLP’s Real Estate Services Practice Group

by Phil Hall | Mar 6, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Detroit-headquartered law firm Honigman LLP has recruited Corey Levin as a partner in its real estate services practice group. Levin will serve U.S. and international clients in his practice, which will focus on economic and real estate development incentives,...
eXp CEO Glenn Sanford Cited in Sexual Assault Lawsuit

eXp CEO Glenn Sanford Cited in Sexual Assault Lawsuit

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Four female real estate agents have expanded their sexual assault litigation against eXp Realty to include company founder and CEO Glenn Sanford. The Real Deal reported the women – identified as Fabiola Acevedo, Tami Sims, Christiana Lundy and Jane Doe 3 – filed a...
Pop-Up Hotel to Open at New DC Multifamily Development

Pop-Up Hotel to Open at New DC Multifamily Development

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Placemakr, a flexible-use hospitality and multifamily operator, announced the upcoming launch of Placemakr Cathedral Heights, a pop-up hotel within the new Upton Place multifamily development at the former Fannie Mae office building in Washington, D.C. Created in...
Andrew Taffet Promoted to CEO at Carrington Companies

Andrew Taffet Promoted to CEO at Carrington Companies

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Carrington Companies, a holding company whose primary businesses include asset management, mortgages, real estate transactions and real estate logistics, has promoted Chief Investment Officer Andrew Taffet to CEO. Taffet succeeds company founder Bruce Rose, who will...
Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and are going where the money is – in this...
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