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Carl Harris Elected 2024 Chairman of National Association of Home Builders

Carl Harris Elected 2024 Chairman of National Association of Home Builders

by Phil Hall | Mar 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Home Builders (NAHB) has announced the election of Carl Harris as its 2024 chairman. Harris is co-founder and vice president of the Carl Harris Co. Inc. and managing partner of Harris Homes, both based in Wichita, Kansas. He has more than...
HUD Offers New Initiatives for Manufactured Housing

HUD Offers New Initiatives for Manufactured Housing

by Phil Hall | Mar 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has announced its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program, which is designed to preserve and revitalize manufactured housing and manufactured housing communities....
New York Community Bank CEO Quits as Losses Grow

New York Community Bank CEO Quits as Losses Grow

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The tumult surrounding commercial real estate lender New York Community Bancorp (NYSE:NYCB) became more severe with the resignation of CEO Thomas Cangemi and the announcement that its fourth quarter loss was amended to $2.7 billion, a tenfold increase from its...
Pretium Acquires BH Management Services

Pretium Acquires BH Management Services

by Phil Hall | Mar 1, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Pretium, a New York City-based investment firm focused on U.S. residential real estate, residential credit, and corporate credit, announced its acquisition of BH Management Services, a property management platform in the multifamily, student and single-family housing...
Historic Black Church in DC is Sold to Anglican Congregation

Historic Black Church in DC is Sold to Anglican Congregation

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The historic Third Baptist Church, one of the oldest Black churches in Washington, D.C., has been sold to the Church of the Advent, an Anglican congregation in the nation’s capital. Third Baptist’s congregation dates back to 1857 and its 1893 building was designed by...
Healthpeak Properties Completes Merger with Physicians Realty Trust

Healthpeak Properties Completes Merger with Physicians Realty Trust

by Phil Hall | Mar 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Denver-based Healthpeak Properties Inc. (NYSE: PEAK) and Milwaukee-based Physicians Realty Trust (NYSE: DOC) have completed their all-stock merger of equals valued at approximately $21 billion. The combined company will operate under the name “Healthpeak Properties...
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