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Unicoin Announces ‘Largest-Ever Cryptocurrency Real Estate Deal’ in Bahamas

Unicoin Announces ‘Largest-Ever Cryptocurrency Real Estate Deal’ in Bahamas

by Phil Hall | Feb 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The cryptocurrency company Unicoin Inc. is claiming the “largest-ever cryptocurrency real estate deal” involving land holdings in the Bahamas. According to the Miami-based company, the transaction covered two deals for the acquisition of beneficial ownership interests...
Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

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

Lincoln Avenue Communities (LAC) has acquired Tivoli Place, a senior housing complex in New Orleans, and announced plans for an extensive rehabilitation of the property. The company – which is headquartered in Santa Monica, California, and focuses on owning,...
Green Street Releases ‘2024 Sector Outlooks’ for Commercial Real Estate

Green Street Releases ‘2024 Sector Outlooks’ for Commercial Real Estate

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

Green Street, the provider of commercial real estate intelligence and analytics, has released its “2024 Sector Outlooks,” a series of forward-looking research reports highlighting operating fundamentals and valuations of commercial real estate. According to the...
Keller Williams in $70 Million Settlement of Sitzer/Burnett Lawsuit

Keller Williams in $70 Million Settlement of Sitzer/Burnett Lawsuit

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

Keller Williams announced it has agreed to a $70 million settlement in the Sitzer/Burnett lawsuit that challenged the commission structure of real estate professionals. Company founder and Executive Chairman Gary Keller announced the settlement in an internal email,...
Mortgage Rates Continue to Drop

Mortgage Rates Continue to Drop

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

The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down last week when it averaged 6.69%, and it is up from the 6.09% average of one year ago at this time. The...
New American Funding Acquires Draper and Kramer Mortgage Corp.

New American Funding Acquires Draper and Kramer Mortgage Corp.

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

New American Funding (NAF), an independent mortgage lender headquartered in Tustin, California, announced plans to acquire Draper and Kramer Mortgage Corp. (DKMC), a subsidiary of Chicago-based Draper and Kramer Holding (DKH), a financial and real estate services...
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