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Rental Housing Properties Seek to Attract Tenants with Increased Concessions

Rental Housing Properties Seek to Attract Tenants with Increased Concessions

by Phil Hall | Nov 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Concessions for prospective tenants in rental housing are at their highest level in more than two years, according to data from Zillow Group (NASDAQ:Z, ZG). In an analysis of Zillow-advertised rental listings in October, roughly 30% included some sort of concessions....
Tredway Acquires Affordable Housing Portfolio in North Carolina

Tredway Acquires Affordable Housing Portfolio in North Carolina

by Phil Hall | Nov 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tredway, a New York City-headquartered affordable and mixed-income real estate developer, has acquired a 12-property portfolio across North Carolina. The portfolio consists of 630 affordable apartments for families and seniors in 11 localities. As a result of the...
Private Island in San Francisco Bay Listed for $25 Million

Private Island in San Francisco Bay Listed for $25 Million

by Phil Hall | Nov 20, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

The only private island located in San Francisco Bay is being listed for $25 million. The Wall Street Journal reported the six-acre Red Rock Island near the Richmond-San Rafael Bridge north of San Francisco is zoned for residential use. The vacant island lacks...
StorageMart Expands Into Idaho

StorageMart Expands Into Idaho

by Phil Hall | Nov 20, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

StorageMart, a Columbia, Missouri-based leader in the self-storage sector, has expanded into Idaho with the acquisition of Hanley Storage in Coeur d’Alene. The acquisition adds 53,920 total net rentable square feet, incorporating 218 storage units, to the...
Habitat for Humanity Pays Tribute to Rosalynn Carter

Habitat for Humanity Pays Tribute to Rosalynn Carter

by Phil Hall | Nov 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Habitat for Humanity paid tribute to former U.S. First Lady Rosalynn Carter, who passed away yesterday at the age of 96. At the end of Jimmy Carter’s presidency, sought to continue their commitment to social justice and basic human rights. Their first volunteer...
Hits and Misses of the Real Estate Week of Nov. 13-17

Hits and Misses of the Real Estate Week of Nov. 13-17

by Phil Hall | Nov 17, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new office building in Chicago, good news on FHA’s MMI Fund and Nevada teachers fighting against public funding of a baseball stadium. From the wild and wooly world of real estate, here are the hits and misses for the real estate week of Nov. 13-17. Hit: A New...
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