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Bill Freeman, Real Estate Investor and Developer Who Welcomed Section 8 Vouchers, Dies at 73

Bill Freeman, Real Estate Investor and Developer Who Welcomed Section 8 Vouchers, Dies at 73

by Phil Hall | Nov 18, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Bill Freeman, the Nashville-based real estate investor and developer who actively welcomed Section 8 housing vouchers at his properties, passed away at the age of 73. According to a report in The Tennessean, Freeman co-founded Freeman Webb Co., a multifamily real...
Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium

Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium

by Phil Hall | Nov 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The new Highmark Stadium for the NFL’s Buffalo Bills is still on target for a June 2026 opening, but its projected costs have hemorrhaged to $2.1 billion – more than $560 million over its initial estimate. The Associated Press reports taxpayers funding for the project...
Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area

by Phil Hall | Nov 18, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Fourth Avenue Capital announced its acquisition of two multifamily properties in the Portland metro area. The company acquired 140 Sacramento, a newly constructed Class-A townhome property in Portland that was built in 2023. All units in the project are 3-stories tall...
Jay Crowell Named National Retail Division President at Cornerstone Home Lending

Jay Crowell Named National Retail Division President at Cornerstone Home Lending

by Phil Hall | Nov 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Cornerstone Home Lending, a division of Houston-headquartered Cornerstone Capital Bank, has promoted Jay Crowell to the newly created role of president of the national retail division. In his new position, Crowell will drive the strategy and continued growth of...
Marriott International Announces 100th Property in Japan

Marriott International Announces 100th Property in Japan

by Phil Hall | Nov 18, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marriott International Inc. (NASDAQ: MAR) announced the opening of its 100th property in Japan with the debut of the Four Points Flex by Sheraton Osaka Umeda. The new property also marks the first offering of the Four Points Flex by Sheraton brand in the Asia Pacific...
Hits and Misses for the Real Estate Week of Nov. 11-15

Hits and Misses for the Real Estate Week of Nov. 11-15

by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 11-15. Hit: Let’s Not Go, Brandon. Praise goes this...
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