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Ottawa’s Bennett Property Shop Teams with Forbes Global Properties

Ottawa’s Bennett Property Shop Teams with Forbes Global Properties

by Phil Hall | Jun 13, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City-based Forbes Global Properties has announced residential specialist Bennett Property Shop will exclusively represent its brand in Ottawa, making it the company’s third brokerage in Canada. Marnie Bennett founded Bennett Property Shop in 2012 after nearly...
Walt Disney’s Former LA Home Available as $40K per Month Rental

Walt Disney’s Former LA Home Available as $40K per Month Rental

by Phil Hall | Jun 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former Los Angeles home where Walt Disney lived during his rise to Hollywood prominence is now available for rent at $40,000 a month. The Wall Street Journal reported the 6,388-square-foot home at 4053 Woking Way in the city’s exclusive Los Feliz community was...
House Members Introduce Bill to Spark Affordable Homeownership Opportunities

House Members Introduce Bill to Spark Affordable Homeownership Opportunities

by Phil Hall | Jun 12, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A bipartisan bill has been introduced in the U.S. House of Representatives that would create a tax incentive designed to produce 500,000 starter homes over the next decade. Reps. Mike Kelly (R-PA) and Brian Higgins (D-NY) authored the Neighborhood Homes Investment...
Lord Cadogan, Billionaire UK Real Estate Executive, Dies at 86

Lord Cadogan, Billionaire UK Real Estate Executive, Dies at 86

by Phil Hall | Jun 12, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Charles Cadogan, the 8th Earl Cadogan and one of Britain’s wealthiest real estate executives, passed away on June 11 at the age of 86. According to the Daily Mail, Cadogan headed up Cadogan Estates, which owns nearly 100 acres of prime real estate in the Kensington...
A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

by Phil Hall | Jun 12, 2023 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Last week, New York City Mayor Eric Adams filed a lawsuit against 30 counties in upstate New York for refusing to accept illegal immigrants currently housed across the Big Apple. “Since this crisis began, New York City has — virtually on its own — stepped up to...
Elon Musk Blamed for Goldman Sachs’ CRE Woes

Elon Musk Blamed for Goldman Sachs’ CRE Woes

by Phil Hall | Jun 12, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk is being blamed for screwing up Goldman Sachs’ (NYSE:GS) first quarter results for refusing to pay rent on his Twitter offices. The Financial Times reported the financial institution was burdened by a spike in commercial real estate loan delinquencies during...
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