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Auction Planned to Offload Party City Stores

Auction Planned to Offload Party City Stores

by Phil Hall | Jan 3, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A&G Real Estate Partners, the real estate advisor to Party City Holdco Inc., announced plans to auction 695 Party City store leases as the celebrations retailer begins to wind down its operations. Party City announced last month that it was going out of business,...
Dallas Tops U-Haul List for 2024’s Growth Metro

Dallas Tops U-Haul List for 2024’s Growth Metro

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Dallas metro area topped the list for the U-Haul Growth Metro of 2024. This marks the first year that metros were included in the do-it-yourself moving company’s annual Growth Index data, which is compiled from over 2.5 million one-way truck, trailer and U-Box...
Home Builders Join Lawsuit Against HUD and USDA Over Energy Codes

Home Builders Join Lawsuit Against HUD and USDA Over Energy Codes

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Home Builders (NAHB) has joined 15 state attorneys general in a lawsuit to stop to the US Department of Housing and Urban Development (HUD) and the US Department of Agriculture (USDA) from adopting the 2021 International Energy Conservation...
FHFA and Treasury Issue Updates on GSEs’ ‘Eventual Release from Conservatorship’

FHFA and Treasury Issue Updates on GSEs’ ‘Eventual Release from Conservatorship’

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) and the US Department of the Treasury announced amendments to the Preferred Stock Purchase Agreements (PSPAs) related to the government-sponsored enterprises (GSEs) Fannie Mae (OTCBQ: FNMA) and Freddie Mac (OTCQB: FMCC). At...
California Estate Sells After 15 Years on the Market

California Estate Sells After 15 Years on the Market

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It took 15 years and several significant price cuts, but a 78.5-acre coastal California estate with its own helipad and vineyard finally sold for $17.22 million. Mansion Global reports the property, located on the Pacific Coast Highway outside of Cambria in San Luis...
Beazer Homes Buys 9.25-Acre Sacramento Ex-Parking Lot for $9.8 Million

Beazer Homes Buys 9.25-Acre Sacramento Ex-Parking Lot for $9.8 Million

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Shopoff Realty Investments announced its sale of a 9.25-acre former parking lot in Sacramento to Beazer Homes for $9.8 million. Located in the Midtown submarket of the California capital, the property was once a parking lot for the Sacramento Bee newspaper’s...
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