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Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio

Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio

by Phil Hall | Dec 24, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate brokerage Marcus & Millichap (NYSE:MMI), in association with Northeast Retail, announced the $88.5 million sale of a portfolio 31 net lease properties anchored by Town Fair Tire. The properties are in Connecticut, Massachusetts, New...
Maine Home Sales Up 6.81% in November

Maine Home Sales Up 6.81% in November

by Phil Hall | Dec 24, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Maine housing market recorded a 6.81% year-over-year increase in sales of single-family existing homes, rising 1,301 transactions in November compared to 1,218 one year before. According to data from the Maine Association of Realtors, the statewide median sales...
Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’

Sen. Elizabeth Warren Slams Elon Musk’s ‘Delete the CFPB’

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) has criticized Elon Musk’s call to shut down the Consumer Financial Protection Bureau (CFPB), an agency that she helped create. Last month, Musk took to X to declare, “Delete CFPB. There are too many duplicative regulatory agencies.” Musk...
DLC Pays $76.25 Million for Two Shopping Centers in Columbus, Ohio

DLC Pays $76.25 Million for Two Shopping Centers in Columbus, Ohio

by Phil Hall | Dec 23, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

DLC, the Elmsford, New York-based owner/operator of open-air shopping centers, has acquired two Walmart Supercenter-anchored shopping centers in Columbus, Ohio, for $76.25 million. The properties, which are approximately 99% occupied, include the 395,074-square-foot...
McKinley Homes Acquires Houston Builder

McKinley Homes Acquires Houston Builder

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Atlanta-based McKinley Homes has acquired Houston-based Liberty Home Builders Houston, expanding its presence into Texas. The financial terms of the deal were not disclosed. McKinley Homes Houston Division will be led by the former Liberty Home Builders executive team...
New Single-Family Home Sales Up in November

New Single-Family Home Sales Up in November

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in November were at a seasonally adjusted annual rate of 664,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 5.9% above the revised October rate of 627,000 and...
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