Airbnb (NASDAQ:ABNB) has announced the appointment of hotel industry executive Jim Alderman as head of residential development. Alderman was previously a principal with Alderman Advisory, a consulting firm that he confounded. Earlier in his career, he was CEO of...
The YouTube star MrBeast has mixed homebuilding and philanthropy with his newly released video “I Built 100 Homes And Gave Them Away!” MrBeast, whose real name is Jimmy Donaldson, has become YouTube’s most popular star thanks to a video series featuring outrageous...
Proper Rate, a Chicago-based retail mortgage company, announced the appointment of Chris Knapp as president. Proper Rate is joint venture between the mortgage lender Guaranteed Rate and the brokerage firm @properties. Knapp was part of Guaranteed Rate for nearly 11...
The New York City-based law firm Weil, Gotshal & Manges has hired Thomas Henry to co-chair its U.S. real estate practice. Henry was previously co-managing partner and co-chair of the real estate department at Willkie Farr & Gallagher’s New York City office. In...
Contrary to the “Field of Dreams” catchphrase, new apartment complexes are being built but not that many people are coming to rent units. According to new data from Redfin (NASDAQ:RDFN), less than half (47%) of newly constructed apartments that were completed in the...
The multifamily community owner Morgan Properties has acquired a portfolio of 11 multifamily properties throughout Pennsylvania from the original developer and owner, The DePaul Management Company. The acquisition encompasses 3,434 units in the suburbs of Philadelphia...
