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Pacaso Reserves Nasdaq Ticker

Pacaso Reserves Nasdaq Ticker

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol “PCSO” on the Nasdaq Stock Market. According to the company, reserving the ticker symbol does not guarantee a future listing...
New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

by Phil Hall | May 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A pair of new real estate-focused book have been released, one highlighting Section 1031 Exchanges and the other offering strategies for selling commercial properties. Louis J. Rogers, founder and co-CEO of Capital Square, has authored the new “Section 1031 Exchanges:...
Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme

Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme

by Phil Hall | May 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Elchonon “Elie” Schwartz, the CEO of the commercial real estate investment firm Nightingale Properties, was sentenced to 87 months in prison for conducting a fraud scheme that siphoned $62.8 million from more than 800 investors. Schwartz solicited investments through...
Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’

Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’

by Phil Hall | May 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on New York City and San Francisco office properties, announced that its board of directors has begun a review of what it described as “a review and evaluation of strategic alternatives to...
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April

Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding reached $2.74 trillion as of April. The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. This included $40.7 billion in...
Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders

Tech Trends: Keeping Track of Today’s Business, Meeting Tomorrow’s Tech Leaders

by Phil Hall | May 15, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate Investing, Tech Trends, WRE News Exclusive

This edition of Tech Trends features the state of the tenant billing software submarket, new tools focused on real estate investing and risk analysis, and real estate tech companies joining the NAR REACH program. A Growing Software Sector. The US tenant billing...
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