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Inflation Up in February – How Will That Impact Fed Rate Cuts?

Inflation Up in February – How Will That Impact Fed Rate Cuts?

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

An underlying measure of inflation was stronger than expected last month, introducing greater uncertainty over when the Federal Reserve will lower interest rates. The U.S. Department of Labor Department’s Consumer Price Index (CPI) reported prices rose last month by...
Ted Welter Named Executive Chairman at Hazelview Investments

Ted Welter Named Executive Chairman at Hazelview Investments

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

Hazelview Investments, a Toronto-headquartered investor, owner, and manager of global real estate investments, has named Ted Welter as the company’s executive chairman. Welter brings more than 35 years of experience to the new role, including expertise in...
A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?

A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?

by Phil Hall | Mar 11, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Housing affordability – or, perhaps more accurately, the lack thereof – has quietly become a major issue in this year’s presidential election. I am using the word “quietly” because for too long the subject has not been talked about by the White...
Former Crypto Exec Zac Prince Becomes CEO at RE Cost Seg

Former Crypto Exec Zac Prince Becomes CEO at RE Cost Seg

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

RE Cost Seg, a New York City-based provider of cost segregation studies for real estate investors, has recruited Zac Prince as CEO. Prince was formerly the founder and CEO of BlockFi, a cryptocurrency financial services business. RE Cost Seg’s existing leadership team...
Bascom Group Acquires Santa Fe Multifamily Property

Bascom Group Acquires Santa Fe Multifamily Property

by Phil Hall | Mar 11, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity firm Bascom Group LLC has acquired San Miguel Court Apartments, a garden-style multifamily property in Santa Fe, New Mexico. Built in 1974, the 96-unit San Miguel Court features a mix of including one-, two- and three-bedroom units. This is Bascom’s...
HUD Secretary Marcia Fudge to Step Down

HUD Secretary Marcia Fudge to Step Down

by Phil Hall | Mar 11, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Secretary of Housing and Urban Development Marcia Fudge is resigning, effective March 22. Fudge represented Ohio’s 11th Congressional District from November 2008 until her confirmation at HUD secretary in March 2021. In a statement, President Biden praised Fudge,...
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