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Jeff Kellmas Named Director of Leasing at First National Realty Partners

Jeff Kellmas Named Director of Leasing at First National Realty Partners

by Phil Hall | Aug 27, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

First National Realty Partners (FNRP), a Red Bank, New Jersey-headquartered private equity commercial real estate firm, has hired Jeff Kellams as director of leasing. In his new job, Kellams will lead leasing initiatives across the firm’s retail portfolio, with...
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers

Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers

by Phil Hall | Aug 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market has lost about 14,000 home sellers over the past two months, according to data from the Rocket Companies (NYSE: RKT) division Redfin. This marked the first decline in sellers in two years. By the end of July, the total number of home sellers was...
The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials

The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials

by Phil Hall | Aug 27, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Gov. Lisa Cook received a spirited defense from one of her central bank colleagues and bitter insinuations of guilt from Trump administration officials while Republicans in the Senate are not taking sides on the matter. Speaking this morning on CNBC,...
Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

by Phil Hall | Aug 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage application activity was a mixed bag for the week ending Aug. 22, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.5% percent on a seasonally adjusted...
The Agency Expands Central American Presence with New Office in Costa Rica

The Agency Expands Central American Presence with New Office in Costa Rica

by Phil Hall | Aug 27, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Los Angeles-headquartered real estate brokerage The Agency has expanded to its third Central American nation with the opening of a new office in San José, Costa Rica. The Agency Costa Rica will be led by Managing Partners Clari Vega and Andrés Riggioni and will...
Braemar Hotels & Resorts Has Put Itself Up for Sale

Braemar Hotels & Resorts Has Put Itself Up for Sale

by Phil Hall | Aug 27, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Braemar Hotels & Resorts Inc. (NYSE: BHR), a Dallas-based real estate investment trust (REIT) focused on investing in luxury hotels and resorts, has begun the process of putting itself up for sale. The company and its financial advisor, Robert W. Baird & Co....
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