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Mortgage Application Activity Catches an Upswing

Mortgage Application Activity Catches an Upswing

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

Mortgage applications activity recorded a significant upswing for the week ending June 7, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, shot up by 15.6% on a seasonally adjusted...
The Real Brokerage Offers Suite of Preferred Vendors and Services for Agents

The Real Brokerage Offers Suite of Preferred Vendors and Services for Agents

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

The Real Brokerage Inc. (NASDAQ: REAX) has rolled out its Real Partners program, a curated suite of preferred vendors, tools and services for its agents. Real Partners will initially offer 10 businesses that include an array of listing, marketing and professional...
Blaze Capital Partners Acquires Tampa-Area Apartment Community

Blaze Capital Partners Acquires Tampa-Area Apartment Community

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

Blaze Capital Partners, a Charleston, South Carolina-based rental housing investment management firm, has acquired Lector 85, a 254-unit apartment community located in the Tampa suburb of Ybor City, Florida. Lector 85 is a Class A mid-rise apartment community built in...
Shawn Katz Named President at Silverstein Capital Partners

Shawn Katz Named President at Silverstein Capital Partners

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

Silverstein Capital Partners, the lending platform of the New York City-based developer Silverstein Properties, announced the appointment of Shawn Katz as president. Katz takes over from Michael May, who is stepping down to pursue other interests. Katz was previously...
Cushman & Wakefield Executive Named New CEO at WeWork

Cushman & Wakefield Executive Named New CEO at WeWork

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

The co-working flex space provider WeWork Inc. (OTCMKTS: WEWKQ) announced it has emerged from Chapter 11 and appointed John Santora as CEO, effective today. Santora joins WeWork from Cushman & Wakefield, where he most recently served as the firm’s tri-state...
Sen. Elizabeth Warren Demands Rate Cut from Federal Reserve

Sen. Elizabeth Warren Demands Rate Cut from Federal Reserve

by Phil Hall | Jun 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) is demanding the Federal Reserve cut the federal funds rate during its policy meeting this week. Warren, joined by Sens. Jacky Rosen (D-NV) and John Hickenlooper (D-CO), wrote a letter to Federal Reserve Chairman Jerome Powell stating a...
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