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Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project

Related to Build $7 Billion Michigan Data Center for OpenAI-Oracle’s Stargate Project

by Phil Hall | Oct 31, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate development firm Related Companies has been hired to construct a $7 billion data center outside of Detroit for the Stargate project venture between OpenAI and Oracle (NYSE: ORCL). The Wall Street Journal reports Related’s 250-acre campus in Saline...
Carrington Holding Company Acquires Reliance First Capital

Carrington Holding Company Acquires Reliance First Capital

by Phil Hall | Oct 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Anaheim, California-based Carrington Holding Company announced it has acquired Reliance First Capital LLC from Tiptree Inc. Founded in 2008 and headquartered in Melville, New York, Reliance operates a direct-to-consumer mortgage origination platform that serves a...
New White Paper Considers the Role of AI Tools in Luxury Real Estate Sales

New White Paper Considers the Role of AI Tools in Luxury Real Estate Sales

by Phil Hall | Oct 31, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Realm Global has published a new white paper on how luxury real estate professionals can transition into the new age of artificial intelligence (AI). Titled “Intelligent Luxury: How AI Is Redefining Trust, Taste, and Timeless Value,” the paper is...
New Wave of Online Fraudsters Target Abu Dhabi Real Estate Market

New Wave of Online Fraudsters Target Abu Dhabi Real Estate Market

by Phil Hall | Oct 31, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the world’s hottest real estate markets is now becoming a hotbed for online real estate fraud schemes. Gulf News reports that the police department in Abu Dhabi, the capital of the United Arab Emirates, has issued a warning about a resurgence in fraudulent...
Luxury Home Sales Up 5% in September

Luxury Home Sales Up 5% in September

by Phil Hall | Oct 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical luxury home sold for $1.26 million in September, up 4.8% from one year earlier to set a new record high for the month. According to data from Redfin, the sales of luxury homes is occurring at more than twice the pace of price growth for non-luxury homes,...
Illinois Home Sales Up 4.6% Year-Over-Year

Illinois Home Sales Up 4.6% Year-Over-Year

by Phil Hall | Oct 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 11,375 homes, both single-family houses and condominiums, were sold in Illinois last month, a 4.6% rise from the 10,873 sold one year earlier. According to data from Illinois Realtors, 22,845 homes were available for sale statewide last month, down 2.9%...
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