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A Phil Hall Op-Ed: Taking a New Look at the Community Reinvestment Act

A Phil Hall Op-Ed: Taking a New Look at the Community Reinvestment Act

by Phil Hall | Mar 4, 2025 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: In 1977, President Carter signed into law the Community Reinvestment Act (CRA), which created new compliance requirements for commercial banks and savings associations related to the needs of markets where they had a depository and lending presence,...
Real Estate Agent Starts Effort to Recall LA Mayor Bass

Real Estate Agent Starts Effort to Recall LA Mayor Bass

by Phil Hall | Mar 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Los Angeles real estate agent is leading a recall effort to force Los Angeles Mayor Karen Bass out of office. The Real Deal reports Sahil Nandwani, an agent for JohnHart Real Estate, has launched a fundraising committee to fund the recall campaign, citing...
Report: HUD Cuts Grants to Nonprofits Investigating Fair Housing Complaints

Report: HUD Cuts Grants to Nonprofits Investigating Fair Housing Complaints

by Phil Hall | Mar 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Housing and Urban Development (HUD) is halting grants to nonprofit organizations tasked with investigating and litigating cases involving compliance with the Fair Housing Act. The Associated Press, sourcing its coverage from “documents and...
BlackRock Acquires Panama Canal Ports for $23 Billion

BlackRock Acquires Panama Canal Ports for $23 Billion

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

In one of the largest real estate deals in Central America real estate, BlackRock Inc. (NYSE: BLK) is spending $22.8 billion to purchase majority stakes in ports on both sides of the Panama Canal. The Wall Street Journal reports BlackRock, its new infrastructure arm...
Guten Tag, Miami! Germany Tops List of International Property Seekers Aimed at South Florida

Guten Tag, Miami! Germany Tops List of International Property Seekers Aimed at South Florida

by Phil Hall | Mar 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

For the first time since December 2023, Germany has registered the most global web searches for South Florida real estate. According to data compiled by the Miami Association of Realtors, property seekers from 144 countries searched MiamiRealtors.com in January. The...
Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability

Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability

by Phil Hall | Mar 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) sent a letter to the Trump administration seeking a review of 32 federal programs, rules and regulations at 10 different agencies that may impede the creation of new rental...
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