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Baltimore Enacts New Special Property Tax on Vacant Homes

Baltimore Enacts New Special Property Tax on Vacant Homes

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Baltimore Mayor Brandon Scott has signed into law a bill that creates a special property tax increase for vacant homes. CBS News reported the bill was introduced in early October and was unanimously sponsored by the members of the City Council. The tax increase is...
NAREIM Begins Search for New CEO

NAREIM Begins Search for New CEO

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The National Association of Real Estate Investment Managers (NAREIM) has launched a search for a new CEO. Zoe Hughes, the organization’s current CEO, is stepping down after more than six years after being appointed to the chief executive role at the Pension Real...
Arrival Home Loans Launches Residential Bridge Loan Lending Fund

Arrival Home Loans Launches Residential Bridge Loan Lending Fund

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Arrival Home Loans, a Novato, California-based division of Pacific Private Money Inc., has unveiled Arrival Fund I LLC, a residential bridge loan lending fund. According to the company, the new fund offers a preferred 10%1 rate of return for investors, with profits...
Calque Promotes Dr. Chandra Srivastava to Chief Revenue Officer

Calque Promotes Dr. Chandra Srivastava to Chief Revenue Officer

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Calque, an Austin-headquartered fintech providing “buy before you sell” solutions for established lenders, has promoted Dr. Chandra Srivastava to chief revenue officer. In her new role, Srivastava will oversee the company’s revenue streams, develop partnerships, and...
Manhattan Office Leasing Volume at 5-Year High

Manhattan Office Leasing Volume at 5-Year High

by Phil Hall | Dec 3, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Manhattan office property sector has reached a leasing level not seen since before the pandemic. According to a report in The Real Deal citing Colliers data, office leasing activity in November helped push the year-to-date volume to roughly 30.4 million square...
Realtor to Launch Bid to Become Mayor in Mississippi City

Realtor to Launch Bid to Become Mayor in Mississippi City

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Bill Strauss, a Coldwell Banker realtor with over two decades of professional experience, is planning to run for Mayor of Columbus, Mississippi, in 2025. In a social media post, the Republican Strauss stated he would make his official announcement at an event on Dec....
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