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Leonardo Ramos Named VP/CRA Officer at Provident Bank

Leonardo Ramos Named VP/CRA Officer at Provident Bank

by Phil Hall | Jul 31, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Provident Bank, the Jersey City, New Jersey-based subsidiary of Provident Financial Services Inc. (NYSE:PFS), announced the appointment of Leonardo Ramos as vice president and Community Reinvestment Act (CRA) officer. In his new job, Ramos will be in charge of the...
Guest Opinion:  Cutting Federal Red Tape That Limits the Housing Market

Guest Opinion: Cutting Federal Red Tape That Limits the Housing Market

by Paul Compton | Jul 30, 2024 | Guest Opinion, News/Current Events, Real Estate News, WRE News Exclusive

Paul Compton is managing partner at the law firm Compton Jones and Dresher LLP. This article is adapted and edited from the hearing entitled “Housing Solutions: Cutting Through Government Red Tape” held last week before the U.S. House of Representatives Financial...
NYC Mayor Decries ‘Jim Crowism’ Opposition to Affordable Housing

NYC Mayor Decries ‘Jim Crowism’ Opposition to Affordable Housing

by Phil Hall | Jul 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Eric Adams accused opponents of new affordable housing developments of advocating a new era of “Jim Crowism.” According to a Gothamist report, the city produced more than 14,700 new apartments with rents capped for low- and middle-income tenants...
United Real Estate Merges with Dallas-Based Brokerage

United Real Estate Merges with Dallas-Based Brokerage

by Phil Hall | Jul 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

United Real Estate announced the merger of its Dallas-based division with REAL Dallas Properties & Management, a union that will add 70 agents to United’s Dallas operations and expanding its North Texas presence to more than 800 agents. According to the...
$5.8 Billion in Manhattan’s 1H 2024 Commercial Property Investment Sales

$5.8 Billion in Manhattan’s 1H 2024 Commercial Property Investment Sales

by Phil Hall | Jul 30, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Investment sales in Manhattan commercial real estate reached $5.8 billion over in the first half of this year, according to new data from Ariel Property Advisors. This represented a 14% increase from the second half of 2023. A total of 167 transactions were recorded...
Eres Capital to Open New Community in Bozeman, Montana

Eres Capital to Open New Community in Bozeman, Montana

by Phil Hall | Jul 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Eres Capital, an investment and development division of Eres Companies, announced it will open its Yellowstone Landing community this fall in Bozeman, Montana. Situated in the newly developed mixed-used Yellowstone Airport Plaza off I-90, the community will provide a...
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