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Montana Judge Blocks Development Over Potential Groundwater Level Depletion

Montana Judge Blocks Development Over Potential Groundwater Level Depletion

by Phil Hall | Feb 19, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Montana judge has blocked a housing development organized by a member of prominent local political family after a group of local residents warned the project would deplete the area’s groundwater levels. According to combined media reports, Broadwater County District...
CoStar Group Relocates HQ from D.C. to Virginia

CoStar Group Relocates HQ from D.C. to Virginia

by Phil Hall | Feb 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP), a global provider of online real estate marketplaces, information, and analytics in the property markets, is moving its headquarters from Washington, D.C., to Arlington County, Virginia. The company is paying nearly $14 million to...
Silverton Mortgage to Present Speaker Series for Real Estate Agents

Silverton Mortgage to Present Speaker Series for Real Estate Agents

by Phil Hall | Feb 19, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Atlanta-headquartered Silverton Mortgage is kicking off its Speaker Series for 2024 serving real estate agents, loan officers, builders and home buyers. The first presentation will be held on Feb. 20 at 11:00 EST on LinkedIn Live and will focus on optimizing taxes and...
Michael Dell Lists Second Boston Penthouse for $10.9 Million

Michael Dell Lists Second Boston Penthouse for $10.9 Million

by Phil Hall | Feb 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

For the second time in seven months, Dell Technologies Computer Chairman and CEO Michael Dell is listing a Boston penthouse for sale. The Wall Street Journal reported Dell has listed his 59th floor condominium in the Millennium Tower, a 60-story glass skyscraper in...
$12.1 Million Refinancing Arranged on California Multifamily Property

$12.1 Million Refinancing Arranged on California Multifamily Property

by Phil Hall | Feb 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Marcus & Millichap Capital Corp. (MMCC) announced that it has arranged $12.1 million for the refinancing of Laurel Canyon Apartments, a 46-unit multifamily property in Valley Village, California. Built in 2022, the property features a mix of one- and two-bedroom...
Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case

Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case

by Phil Hall | Feb 16, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Former President Donald Trump has been ordered by a New York judge in his civil fraud trial to pay nearly $364 million in damages for exaggerating the valuation of his real estate holdings in order to get favorable lending terms between 2011 and 2021. Judge Arthur...
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