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La Rosa Holdings Begins Global Expansion with New Presence in Spain

La Rosa Holdings Begins Global Expansion with New Presence in Spain

by Phil Hall | Feb 28, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Celebration, Florida-headquartered La Rosa Holdings Corp. (NASDAQ: LRHC) is launching its first endeavor into international markets with the engagement of Joaquín Nuevo Alarcón as area developer for Spain, effective March 1. Alarcón previously led a 500-agent team as...
Under Armour CEO Lists Maryland Equestrian Estate for $22 Million

Under Armour CEO Lists Maryland Equestrian Estate for $22 Million

by Phil Hall | Feb 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Under Armour (NYSE: UAA) CEO Kevin Plank has listed Sagamore Farm, his 400-acre Maryland equestrian estate for $22 million. The Wall Street Journal reports the property, located about 20 miles northwest of Baltimore, was established around 1925 and was once owned by...
LeFrak Names First Non-Family Executive in 120 Years

LeFrak Names First Non-Family Executive in 120 Years

by Phil Hall | Feb 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The New York City-based real estate development firm LeFrak broke with tradition by naming Adam Silfen to the newly created role of president and chief operating officer, marking the first time in the company’s 120-year history that a non-family member joined its...
Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January

Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January

by Phil Hall | Feb 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ginnie Mae announced its mortgage-backed securities (MBS) portfolio outstanding grew to $2.71 trillion as of January. Ginnie Mae issued $39.8 billion in total MBS last month, resulting in a net portfolio growth of $16.7 billion. Of that amount, $38.4 billion was...
NAHB Elects Buddy Hughes as 2025 Chairman

NAHB Elects Buddy Hughes as 2025 Chairman

by Phil Hall | Feb 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Home Builders (NAHB) has elected Buddy Hughes, a Lexington, North Carolina-based home builder and developer, as its 2025 chairman. Hughes opened his general contracting business, Hughes Construction, in 1984. Today, he serves as a product...
Florida Real Estate Agent Sentenced for Five Years of Tax Evasion

Florida Real Estate Agent Sentenced for Five Years of Tax Evasion

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

A Florida real estate agent self-dubbed the “Land Man” was sentenced to 14 months in prison for failing to file his income tax returns during a five-year period. Sedita Charles Cayson was found guilty last month by a federal judge of five counts of willfully failing...
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