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Port of Seattle Files Appeal to Prevent Residential Development in Industrial District

Port of Seattle Files Appeal to Prevent Residential Development in Industrial District

by Phil Hall | Apr 8, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Port of Seattle has filed an appeal in King County Superior Court to overturn the Seattle City Council’s decision to permit residential development in the industrial area surrounding the deepwater port. In a statement, the Port said the rezoning “appears that...
California Company Settles Charges of Predatory Practices and Unlawful Contracts

California Company Settles Charges of Predatory Practices and Unlawful Contracts

by Phil Hall | Apr 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

California Attorney General Rob Bonta announced a settlement with Oakland-based HomeOptions and its CEO Kevin Li that resolves charges of a predatory real estate scheme impacting over 500 homeowners. According to Bonta’s office, HomeOptions lured financially...
Start-Up to Offer Continuing Education and Training for Mortgage Professionals

Start-Up to Offer Continuing Education and Training for Mortgage Professionals

by Phil Hall | Apr 8, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Next Level Education, a start-up company focused on continuing education and training for the mortgage industry, has opened for business. Co-founded by longtime mortgage industry professionals JR Huber and Debbie Gadberry, the new company will offer four types of...
Trump World Tower Seeks to Foreclose on Afghanistan’s UN Mission Over Unpaid Condo Fees

Trump World Tower Seeks to Foreclose on Afghanistan’s UN Mission Over Unpaid Condo Fees

by Phil Hall | Apr 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The condo board at New York City’s Trump World Tower is seeking to foreclose on a $4.2 million unit owned by the Permanent Mission of Afghanistan to the United Nations. According to combined media reports, Afghanistan purchased its unit in Trump World Tower in 2009....
Former Black Rock Executive Named President of PNC

Former Black Rock Executive Named President of PNC

by Phil Hall | Apr 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The PNC Financial Services Group Inc. (NYSE: PNC) announced the appointment of Mark Wiedman as president of the corporation and its wholly owned banking subsidiary, PNC Bank. Wiedman comes to PNC from BlackRock (NYSE: BLK), where he worked for the past two decades and...
Move Drops Trade Secrets Lawsuit Against CoStar Group

Move Drops Trade Secrets Lawsuit Against CoStar Group

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group (NASDAQ: CSGP) announced Move Inc., the News Corp (NASDAQ:NWSA) subsidiary that operates Realtor.com, has withdrawn its trade secrets lawsuit against the company. The lawsuit was initiated in July 2024 and accused CoStar of misappropriating trade secrets...
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