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Hits and Misses for the Real Estate Week of Dec. 11-15

Hits and Misses for the Real Estate Week of Dec. 11-15

by Phil Hall | Dec 15, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Reserve’s mixed messaging, a music icon’s embrace of commercial real estate and a new record level of homelessness. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 11-15. Hit: Keeping a Finger on the Pause...
Rod Stewart Hikes Price on Beverly Hills Mansion to $80 Million

Rod Stewart Hikes Price on Beverly Hills Mansion to $80 Million

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

When luxury homes are listed and fail to attract buyers, many sellers will cut the price. However, British music icon Rod Stewart is taking a different approach on his Los Angeles-area estate. According to Mansion Global, Stewart listed his 33,000-square-foot mansion...
Survey: Ontario Residents Rate Housing Affordability as a Top Priority

Survey: Ontario Residents Rate Housing Affordability as a Top Priority

by Phil Hall | Dec 15, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Ontario residents are ranking housing affordability as a main concern demanding government attention and action, according to new polling conducted on behalf of the Ontario Real Estate Association (OREA). For the first time since OREA began this polling in 2021, over...
Construction Starts on New Affordable Housing Community in San Antonio

Construction Starts on New Affordable Housing Community in San Antonio

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The NRP Group, a developer and owner/manager of multifamily housing, has partnered with the nonprofit Community Housing Resource Partners and the City of San Antonio to launch the construction of Nova Lofts, a 65-unit community on the city’s Northeast side. Nova Lofts...
Change of Leadership at Brixmor Property Group

Change of Leadership at Brixmor Property Group

by Phil Hall | Dec 15, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Brixmor Property Group Inc. (NYSE: BRX), a real estate investment trust that owns and operates a national portfolio of open-air shopping centers, announced that Angela M. Aman will step down as the company’s president, chief financial officer and treasurer,...
NewStar Asset Management Launches Land Development Subsidiary

NewStar Asset Management Launches Land Development Subsidiary

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

NewStar Asset Management, a real estate-focused alternative investment and asset management company based in Atlanta, has launched NewStar Equity Lot Finance, a subsidiary business focused on investments in residential land development in partnership with select...
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