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Cantor Fitzgerald CEO: ‘$700 Billion Could Default’ in Commercial Real Estate Loans

Cantor Fitzgerald CEO: ‘$700 Billion Could Default’ in Commercial Real Estate Loans

by Phil Hall | Jan 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Cantor Fitzgerald CEO Howard Lutnick has seen the future of the commercial real estate sector, and he is observing a messy time ahead. “I think $700 billion could default,” said Lutnick in an interview on Fox Business from the World Economic Forum in Davos,...
Mortgage Application Activity Up 10.4%

Mortgage Application Activity Up 10.4%

by Phil Hall | Jan 17, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A growing number of people are seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 12. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.4% on a...
RE/MAX: December Home Sales Down 7.3% Year-Over-Year

RE/MAX: December Home Sales Down 7.3% Year-Over-Year

by Phil Hall | Jan 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The volume of home sales during December dropped 7.3% year-over-year and 2.3% month-over-month, according to new data from RE/MAX LLC. The number of home sales declined year over year in every month of 2023, continuing the trend that ran throughout 2022. Inventory...
Community Preservation Partners to Renovate Wisconsin Affordable Housing Complex

Community Preservation Partners to Renovate Wisconsin Affordable Housing Complex

by Phil Hall | Jan 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, has announced the planned renovation of Woodside Terrace, an affordable housing community just three miles from of downtown Beloit, Wisconsin. The development was built...
Jenny Isgett Joins Title Resources Group’s Executive Team

Jenny Isgett Joins Title Resources Group’s Executive Team

by Phil Hall | Jan 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Dallas-based Title Resources Group has recruited Jenny Isgett to its executive leadership team, reporting to CEO Scott McCall. Isgett will lead business development in many areas of the company, including builder relationships and national agents. She is a past...
Mike ‘Woody’ Woodward Named EVP and Chief Growth Officer at Hospitality Ventures Management Group

Mike ‘Woody’ Woodward Named EVP and Chief Growth Officer at Hospitality Ventures Management Group

by Phil Hall | Jan 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hospitality Ventures Management Group (HVMG), an Atlanta-based, privately-owned third-party hotel operator and investor, has hired Mike “Woody” Woodward as executive vice president and chief growth officer. In his new role as a member of HVMG’s executive team,...
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