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NYU Acquires Luxury Manhattan High-Rise for $210 Million

NYU Acquires Luxury Manhattan High-Rise for $210 Million

by Phil Hall | Sep 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York University’s Grossman School of Medicine has acquired the Lathanian, a 23-story luxury apartment building on the East Side of Manhattan, for $210 million. According to a Commercial Observer report, the 209-unit building is adjacent to NYU Langone Health’s...
New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans

New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans

by Phil Hall | Sep 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Asian Real Estate Association of America (AREAA) is partnering with Wells Fargo & Co. (NYSE:WFC) on a new endeavor to advance sustainable homeownership for first-time homebuyers and low- to moderate-income households within the Asian American Native Hawaiian...
Steve Garthwaite Joins Bennett Realty & Development as a Vice President

Steve Garthwaite Joins Bennett Realty & Development as a Vice President

by Phil Hall | Sep 7, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Holmdel, New Jersey-based commercial real estate firm Bennett Realty & Development (BR&D) has hired Steve Garthwaite as vice president. In his new role, Garthwaite will specialize in the sale and leasing of retail properties and ground up development....
Bank of Canada Holds Rates, But Warned it May Enact Future Hikes

Bank of Canada Holds Rates, But Warned it May Enact Future Hikes

by Phil Hall | Sep 6, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%, but it warned that rate hikes could resume if the Canadian economy shows advanced signs of fraying. “The Canadian economy has entered a...
MBA Hires George Rogers to Lobby Senate GOP

MBA Hires George Rogers to Lobby Senate GOP

by Phil Hall | Sep 6, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) hired attorney and lobbyist George Rogers as vice president of legislative affairs. In his new role, Rogers will advocate on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on...
HGTV’s Urban Oasis 2023 Sweepstakes Offers Louisville Home as Grand Prize

HGTV’s Urban Oasis 2023 Sweepstakes Offers Louisville Home as Grand Prize

by Phil Hall | Sep 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

HGTV has launched its latest sweepstakes competition with the HGTV Urban Oasis 2023 featuring a grand prize of a newly built, fully furnished home located in Louisville, Kentucky. In addition to the keys to the new four-bedroom, two-and-a-half-bathroom home, the...
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