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Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

by Phil Hall | Dec 10, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Arizona-based fast-food sandwich chain Eegee’s has filed for Chapter 11 bankruptcy and closed five of its eateries. According to combined media reports, the 53-year-old chain listed both assets and liabilities of between $10 million and $50 million and said it has...
Executive Changes at LTC Properties

Executive Changes at LTC Properties

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

LTC Properties Inc. (NYSE: LTC), a real estate investment trust focused on seniors housing and health care properties, announced changes in its executive leadership with the appointment of Wendy Simpson as executive chairman of the board of directors, the promotion of...
Trump Organization in Partnership for Two Luxury Projects in Saudi Arabia

Trump Organization in Partnership for Two Luxury Projects in Saudi Arabia

by Phil Hall | Dec 10, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Trump Organization has partnered with the Dubai-based real estate developer Dar Global to construct two new luxury projects in the Saudi Arabian capital of Riyadh. Gulf Business reports the new projects will be aimed at the luxury Saudi Arabian market and...
Staying Top of Mind in an Age of Information Overload: A Strategic Guide for Real Estate Professionals

Staying Top of Mind in an Age of Information Overload: A Strategic Guide for Real Estate Professionals

by John G. Stevens | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

I’ll never forget the moment a close friend proudly showed me pictures of their newly purchased home. As I congratulated them, they casually mentioned how helpful their loan officer had been. My stomach sank. It wasn’t that they’d worked with another loan officer—it...
Consumer Confidence in Housing Market is on the Rise

Consumer Confidence in Housing Market is on the Rise

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Consumer confidence in the housing market took an upswing in the latest Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI), which increased by 0.4 points to 75.0 during November. The latest reading included a new record-high share of consumers indicated...
NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate

NY Times Publishes Probe on Political Donations by NAR Nonprofit Affiliate

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The New York Times has published another investigative feature on the National Association of Realtors (NAR), this time focusing on the political donations of its nonprofit affiliate, the American Property Owners Alliance. Unlike NAR’s political action committee that...
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