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Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

Survey: One-Third of Agents Report Clients Moved Due to Local Laws and Politics

by Phil Hall | Feb 6, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one-third (32%) of real estate agents had at least one client who moved in the last year out of unhappiness with local laws or politics, according to a survey commissioned by Redfin (NASDAQ:RDFN). The survey of 500 real estate agents from multiple U.S....
Drew Jackson Joins Capital Square as Senior Managing Director

Drew Jackson Joins Capital Square as Senior Managing Director

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Capital Square, a Richmond, Virginia-headquartered real estate firm specializing in tax-advantaged real estate investments, announced the hiring of Drew Jackson as senior managing director of private wealth solutions and as a member of the executive management team....
Peachtree Group Closes Third Delaware Statutory Trust

Peachtree Group Closes Third Delaware Statutory Trust

by Phil Hall | Feb 6, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, announced the closure of its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn in Jackson, Tennessee....
A Phil Hall Op-Ed: Four More Years of Jerome Powell?

A Phil Hall Op-Ed: Four More Years of Jerome Powell?

by Phil Hall | Feb 5, 2024 | A Phil Hall Op-Ed, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: If Donald Trump resumes the presidency in 2025, Federal Reserve Chairman Jerome Powell will be out of a job come 2026. In an interview on Friday with Fox Business Network’s Maria Bartiromo, the former president said he would not reappoint Powell to...
Full-Floor NYC Condo Sells for Nearly $62 Million

Full-Floor NYC Condo Sells for Nearly $62 Million

by Phil Hall | Feb 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A full-floor condominium apartment on New York City’s Fifth Avenue has sold for $61.58 million. The Wall Street Journal reported the unit on the 24th floor of Aman New York, formerly the Crown Building, encompasses 6,300 square feet. The unit was originally prices at...
Fairway Independent Mortgage to Shut Down Wholesale Division

Fairway Independent Mortgage to Shut Down Wholesale Division

by Phil Hall | Feb 5, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Madison, Wisconsin-based Fairway Independent Mortgage Corp. announced it will be closing its wholesale division. The final lock date on new loans is scheduled for Feb. 9 and the last day to submit new loans is Feb. 16, with brokered loans required to be closed by...
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