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Sony Pictures Entertainment Acquires Alamo Drafthouse Cinema Chain

Sony Pictures Entertainment Acquires Alamo Drafthouse Cinema Chain

by Phil Hall | Jun 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sony Pictures Entertainment (SPE), a subsidiary of Tokyo-based Sony Group Corporation (NYSE:SONY), has announced its acquisition of the Alamo Drafthouse Cinema theater chain. The financial aspects of the acquisition were not announced. Alamo Drafthouse will continue...
Federal Reserve Keeps Rates Intact

Federal Reserve Keeps Rates Intact

by Phil Hall | Jun 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve has opted to neither lower nor raise the federal funds rate, which remains in the 5.25% to 5.5% range. In making its decision, the central bank’s policy making Federal Open Market Committee cited its longstanding goals of achieving maximum...
Housing Voucher Scam Targets Michigan Residents

Housing Voucher Scam Targets Michigan Residents

by Phil Hall | Jun 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Michigan residents are being targeted in a new scam involving fraudulent housing vouchers. There are currently no housing choice voucher waiting lists open in Michigan. However, CBS News reported the Michigan State Housing Development Authority (MSHDA) and the office...
Calvera Partners Acquires Multifamily Complex in Dallas

Calvera Partners Acquires Multifamily Complex in Dallas

by Phil Hall | Jun 12, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Calvera Partners, a San Francisco-based multifamily real estate investment firm, announced its acquisition of the 152-unit 27TwentySeven Apartment Homes in Dallas. This acquisition is Calvera’s second acquisition in the Dallas-Fort Worth metro area and the first...
Guest Opinion: The Impact of AI on Financial Stability

Guest Opinion: The Impact of AI on Financial Stability

by Michael J. Hsu | Jun 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Michael J. Hsu is Acting Comptroller of the Currency. This article is adapted and edited from a speech that was recently delivered during the 2024 Conference on Artificial Intelligence and Financial Stability. Like all technologies, artificial intelligence (AI) can be...
More Homes Are Being Listed, But Where Are the Buyers?

More Homes Are Being Listed, But Where Are the Buyers?

by Phil Hall | Jun 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have found housing supply is starting to outpace demand, with a surge of new listings being seesawed by a growing deficit of buyers. Zillow (NASDAQ:Z, ZG) is reporting new listings of houses rose by nearly 13% from one year ago, while the level...
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