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Thomas Park Launches Construction Services Line

Thomas Park Launches Construction Services Line

by Phil Hall | Jan 5, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Thomas Park, a commercial real estate and management firm headquartered in Annapolis, Maryland, has launched Thomas Park Construction, a new service line specializing in general contracting and construction management services for commercial interior projects....
Toll Brothers Begins Construction on Texas Community

Toll Brothers Begins Construction on Texas Community

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

Toll Brothers Inc. (NYSE:TOL) has announced the start of construction on its latest single-family home community, Toll Brothers at Pomona – Orchard Collection, in the Pomona master plan in Manvel, Texas. The new community is located in a gated section of the master...
Rapid Housing Initiative Projects Coming to Moncton, New Brunswick

Rapid Housing Initiative Projects Coming to Moncton, New Brunswick

by Phil Hall | Jan 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government, working with the provincial government of New Brunswick and the City of Moncton, have announced over more than $6.7 million in funding – including $3.9 million through the third round of the Rapid Housing Initiative – to help build 46 new...
Rocket Companies Taps Jonathan Mildenhall as Chief Marketing Officer

Rocket Companies Taps Jonathan Mildenhall as Chief Marketing Officer

by Phil Hall | Jan 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Rocket Companies (NYSE: RKT) announced the appointment of Jonathan Mildenhall to the newly created position of chief marketing officer (CMO), effective Jan. 8. In this new role, Mildenhall will be responsible for creating a unified and compelling voice for all...
Alberto G. Musalem Named President and CEO of St. Louis Fed

Alberto G. Musalem Named President and CEO of St. Louis Fed

by Phil Hall | Jan 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve Bank of St. Louis announced the appointment of Alberto G. Musalem as its next president and CEO, effective Apr. 2. Musalem succeeds Jim Bullard, who resigned from his role in July 2023 to become dean of the business school at Purdue University....
Mortgage Rates Hold Steady

Mortgage Rates Hold Steady

by Phil Hall | Jan 4, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, up slightly from last week when it averaged 6.61%. A year ago at this time, it averaged 6.48%....
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