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NYC Office Building Sells for $255 Million

NYC Office Building Sells for $255 Million

by Phil Hall | Nov 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Savanna, a New York City-based real estate investment manager, owner/operator and developer, has acquired 799 Broadway, a Class-A office building in the Greenwich Village section of Manhattan, for a $255 million. The property was acquired at a discounted price from...
Connecticut Medical Building Sells for $19.1 Million

Connecticut Medical Building Sells for $19.1 Million

by Phil Hall | Nov 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Holly Pond Plaza, a 73,060-square-foot outpatient medical building in Stamford, Connecticut, was sold for $19.1 million. Built in 1981, the four-floor property is 100% leased to three medical tenants, with Summit Health (Walgreens Boots Alliance) occupying roughly...
California Home Sales Rebounded in October

California Home Sales Rebounded in October

by Phil Hall | Nov 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales were up in October after two straight months of declines, registering the fastest year-over-year sales pace in 40 months. According to data from the California Association of Realtors (CAR), closed escrow sales of existing, single-family detached...
Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions

Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions

by Phil Hall | Nov 19, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The Office of Minnesota Attorney General Keith Ellison announced a $3.5 million settlement with Edina Realty Inc. to resolve a probe into the secret payments the brokerage received from Home Security of America Inc. (HSA) in exchange for promoting HSA’s home...
Italian Village Offers $1 Homes to Post-Election Americans

Italian Village Offers $1 Homes to Post-Election Americans

by Phil Hall | Nov 19, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A village on the Italian island of Sardinia is seeking to lure Americans unhappy with this month’s election results by offering homes prices as low as $1. CNN reports the village Ollolai (population 1,300) has created a website for potential expatriates who are...
Corcoran Group Announces First DC-Area Franchise

Corcoran Group Announces First DC-Area Franchise

by Phil Hall | Nov 19, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Corcoran Group LLC announced the opening of Corcoran McEnearney as its first franchise in the Greater Washington, DC metro area. Formerly known as a collective of McEnearney Associates and Middleburg Real Estate/Atoka Properties following a June 2023 merger, Corcoran...
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