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Person of the Week: Robert Cote, Founder and CEO of Cote Capital

Person of the Week: Robert Cote, Founder and CEO of Cote Capital

by Phil Hall | May 2, 2023 | News/Current Events, Person of the Week, Real Estate News, WRE News Exclusive

Berkshire Hathaway Vice Chairman Charlie Munger isn’t the only one raising warnings about investing in commercial real estate. Robert Cote, a prominent intellectual property lawyer and the founder and CEO of Cote Capital, shares Munger’s concern but is going one step...
Annual Home Price Growth at Lowest Rate in Over a Decade

Annual Home Price Growth at Lowest Rate in Over a Decade

by Phil Hall | May 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. home price growth increased by 3.1% in March, according to new data from CoreLogic. While this represented the 134th consecutive month of year-over-year price acceleration it also represented the lowest rate of appreciation since the spring of 2012. Home prices...
Farm Sector Debt Linked to Real Estate Set to Reach New High

Farm Sector Debt Linked to Real Estate Set to Reach New High

by Phil Hall | May 2, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Farm sector debt tied to real estate is expected to be at a record high of $375.9 billion this year, according to data from the U.S. Department of Agriculture’s (USDA) Economic Research Service. The new data report noted that farm sector real estate debt has on the...
Toronto’s Starlight Investments Enters UK Build to Rent Market

Toronto’s Starlight Investments Enters UK Build to Rent Market

by Phil Hall | May 2, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Toronto-based Starlight Investments has launched a European residential asset management platform through of a collaboration with multiple global institutional partners that is focused on the U.K. Build to Rent (BTR) market. This new endeavor is Starlight’s...
UC Asset LP Completes Acquisition Stake in Oklahoma Cannabis Property

UC Asset LP Completes Acquisition Stake in Oklahoma Cannabis Property

by Phil Hall | May 2, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

UC Asset LP (OTCQB: UCASU), an Atlanta-based real estate investment firm, has closed its acquisition of 50% ownership of a $3 million cannabis property in Edmond, Oklahoma. The acquired property encompasses 15,000 square feet of cannabis cultivation area with...
planetRE Unveils Aelo.Ai virtual staging platform

planetRE Unveils Aelo.Ai virtual staging platform

by Phil Hall | May 2, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

planetRE, a San Jose-based enterprise software company, is now offering Aelo.Ai, a fully automated artificial intelligence (AI) virtual staging platform designed to allow real estate agents and builders to show buyers and prelisted sellers a variety of home interior...
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