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Toronto Home Sales Up, Prices Down in 2024

Toronto Home Sales Up, Prices Down in 2024

by Phil Hall | Jan 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A total of 67,610 home sales were recorded in the Greater Toronto Area during 2024, a 2.6% increase from the 65,877 sales in 2023. According to data from the Toronto Regional Real Estate Board (TRREB), there was a total of 166,121 new listings for this market in 2024,...
CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’

CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage & Finance, claiming the company was “setting families up to fail when they borrowed money to buy a manufactured home.” Maryville, Tennessee-based Vanderbilt originates...
LaSalle Investment Management Acquires Arizona Industrial Complex

LaSalle Investment Management Acquires Arizona Industrial Complex

by Phil Hall | Jan 7, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Chicago-headquartered LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Arizona. The 36.79-acre property features 24-foot clear heights, dock-high and grade-level doors, and ample...
MBA Promotes Jamie Woodwell to SVP

MBA Promotes Jamie Woodwell to SVP

by Phil Hall | Jan 7, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) promoted Jamie Woodwell to senior vice president of commercial/multifamily policy and strategic industry engagement. Woodwell joined MBA in 2004, and most recently served as vice president and head of commercial real estate...
CBRE, Citadel Sign New Leases for Manhattan Office Spaces

CBRE, Citadel Sign New Leases for Manhattan Office Spaces

by Phil Hall | Jan 6, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate services and investment company CBRE Group Inc. (NYSE: CBRE) and the hedge fund Citadel LLC have signed significant office leases in historic Manhattan properties. CBRE announced it will establish a global financial headquarters at Lever...
Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO

Real Estate Veteran Sherry Chris Hired as Special Advisor to NAR’s CEO

by Phil Hall | Jan 6, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has hired longtime real estate industry executive Sherry Chris as an independent consultant and special advisor to CEO Nykia Wright. In a statement, NAR said Chris “will provide strategic counsel on strengthening...
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