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Pretium Recruits Morgan Stanley’s Jonathan Pruzan as President

Pretium Recruits Morgan Stanley’s Jonathan Pruzan as President

by Phil Hall | Sep 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Pretium, an investment firm focused on U.S. residential real estate, residential credit, and corporate credit, has hired Jonathan Pruzan as president and a member of the executive committee, effective immediately. In this newly created role, Pruzan will oversee many...
Phoenix Investors Acquires Industrial Portfolio from United Furniture Industries

Phoenix Investors Acquires Industrial Portfolio from United Furniture Industries

by Phil Hall | Sep 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Phoenix Investors, a Milwaukee-based real estate firm focused on the renovation and leasing of former single-tenant manufacturing facilities, has acquired an industrial real estate portfolio from United Furniture Industries that encompasses 13 facilities and two...
Biden Names Real Estate Executive Jeff Worthe to UN Delegation

Biden Names Real Estate Executive Jeff Worthe to UN Delegation

by Phil Hall | Sep 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Commercial real estate developer Jeff Worthe has been named by President Biden to the U.S. delegation to the United Nations General Assembly, which begins today. Worthe is the president of Worthe Real Estate Group, a Santa Monica, California-based developer of Los...
Zillow: Most Buyers Consider Climate Risks When Buying a Home

Zillow: Most Buyers Consider Climate Risks When Buying a Home

by Phil Hall | Sep 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than three-quarters of prospective home buyers are now considering climate risks when they are shopping for residential properties, according to new research from Zillow (NASDAQ:Z, ZG). Zillow determined that 83% of prospective buyers consider climate risk when...
BGO Offers Move-in Ready Offices for Smaller Businesses

BGO Offers Move-in Ready Offices for Smaller Businesses

by Phil Hall | Sep 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

BGO, a New York City-based real estate investment management advisor and a provider of real estate services, has launched MIRO by BGO to provide workspaces for small and medium sized businesses. The MIRO acronym stands for “Move-in Ready Offices” and the MIRO suites...
Chevron Buys 77 Acres at Texas Planned Community for R&D Facility

Chevron Buys 77 Acres at Texas Planned Community for R&D Facility

by Phil Hall | Sep 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Howard Hughes Holdings Inc. (NYSE: HHH) announced that Chevron U.S.A. Inc. (NYSE:CVX) has purchased over 77 acres in Bridgeland Central, a 925-acre urban hub within its Bridgeland master planned community in Cypress, Texas. Bridgeland is an 11,500-acre residential and...
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