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John ‘Buz’ Gorman, Longtime General Counsel for the CSBS, Has Died

John ‘Buz’ Gorman, Longtime General Counsel for the CSBS, Has Died

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

The Conference of State Bank Supervisors (CSBS) has announced the passing of its longtime general counsel John “Buz” Gorman away after an eight-month battle with glioblastoma. Gorman started his career at CSBS in 1996 and served as its general counsel for the last 15...
Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime

Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Opendoor, the San Francisco-based e-commerce platform for residential real estate, is using the Super Bowl halftime show to prove a point on the speed of its home selling potential. The company stated it will be offering a live commercial during the game’s...
Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%

Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data study by LendingTree (NASDAQ:TREE) on racial disparities in homeownership has determined Black people make up an average of about 15% of the population across the nation’s 50 largest metros, but they only own an average of 10.15% of homes. In comparison,...
Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one-third (32%) of real estate agents had at least one client who moved in the last year out of unhappiness with local laws or politics, according to a survey commissioned by Redfin (NASDAQ:RDFN). The survey of 500 real estate agents from multiple U.S....
Drew Jackson Joins Capital Square as Senior Managing Director

Drew Jackson Joins Capital Square as Senior Managing Director

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Capital Square, a Richmond, Virginia-headquartered real estate firm specializing in tax-advantaged real estate investments, announced the hiring of Drew Jackson as senior managing director of private wealth solutions and as a member of the executive management team....
Peachtree Group Closes Third Delaware Statutory Trust

Peachtree Group Closes Third Delaware Statutory Trust

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, announced the closure of its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn in Jackson, Tennessee....
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