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San Francisco DMV Field Office to Become Apartment Complex

San Francisco DMV Field Office to Become Apartment Complex

by Phil Hall | Oct 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The office of California Gov. Gavin Newsom announced the redevelopment of an existing Department of Motor Vehicles (DMV) Field Office in San Francisco into an apartment complex. The current site was constructed in 1960, but it no longer complies with current health...
Historic Brooklyn Bank Building Could Become a Cannabis Store

Historic Brooklyn Bank Building Could Become a Cannabis Store

by Phil Hall | Oct 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic bank building in Brooklyn that has been vacant since the pandemic may soon have a new life as a cannabis retail store. According to a report from the Greenpointers blog, the Greenpoint Savings Bank building, a Neo-Classical style structure that opened in...
Mississippi University Eyes Vacant Hotel to Solve Student Housing Shortage

Mississippi University Eyes Vacant Hotel to Solve Student Housing Shortage

by Phil Hall | Oct 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An empty hotel in Mississippi’s capital city of Jackson is being eyed as a potential solution to a student housing shortage at the state’s largest historically Black university. Mississippi Today reported Marcus Thompson, president of Jackson State University, has...
Kanye West’s Malibu Property, Listed at $57 Million, Sells for $21 Million

Kanye West’s Malibu Property, Listed at $57 Million, Sells for $21 Million

by Phil Hall | Oct 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Belwood Investments announced its discounted acquisition of the Malibu property of rapper Kanye West. West purchased the property in 2021 for $57 million and gained notoriety with a highly publicized but ill-fated renovation project that remained unfinished when he...
Competition Bureau Begins Probe into Canadian Real Estate Association

Competition Bureau Begins Probe into Canadian Real Estate Association

by Phil Hall | Oct 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Competition Bureau, the independent law enforcement agency in charge of regulating competition in Canada, has obtained a court order to advance its investigation into potential anti-competitive conduct by the Canadian Real Estate Association (CREA) related to...
New Partnership Seeks to Create Thousands of Rental Housing Units

New Partnership Seeks to Create Thousands of Rental Housing Units

by Phil Hall | Oct 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Azora, a Spain-based global investment firm, and the Miami-based real estate investment and management corporation Advenir announced a new strategic partnership aimed at creating thousands of attainable rental housing units in key US markets. The deal creates a new,...
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