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CBRE Forecasts Stronger Hotel Industry Performance in Q4

CBRE Forecasts Stronger Hotel Industry Performance in Q4

by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new forecast from CBRE (NYSE: CBRE) is predicting a greater vibrancy for the US hotel industry in the fourth quarter following a subdued third quarter. CBRE is predicting a 0.5% increase in revenue per available room (RevPAR) growth for 2024, down from the...
Zillow Promotes SVP Jun Choo to Chief Operating Officer

Zillow Promotes SVP Jun Choo to Chief Operating Officer

by Phil Hall | Nov 15, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Zillow Group Inc. (NASDAQ: Z and ZG) announced the promotion of Jun Choo to chief operating officer (COO). In addition to Choo’s appointment, Zillow announced the departures of Susan Daimler and Matt Daimler, president of Zillow and senior vice president of...
Trump and Jamie Dimon Cancel Each Other Over Cabinet Post

Trump and Jamie Dimon Cancel Each Other Over Cabinet Post

by Phil Hall | Nov 15, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced that JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon would not be part of his new administration, but Dimon also announced that he had no plans to trade in his job to have a “boss” directing him. Trump took to Truth Social to kibosh a...
The Election is Over: Now, Together, We Must Fix the Housing Industry

The Election is Over: Now, Together, We Must Fix the Housing Industry

by John G. Stevens | Nov 14, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

As the dust settles from another intense election cycle, the questions linger: what happens next? Where do we go from here? For those of us in the housing industry, the answer is clear. Now, more than ever, we must come together to address the ongoing challenges in...
United Real Estate Expands New Orleans Presence with Brokerage Merger

United Real Estate Expands New Orleans Presence with Brokerage Merger

by Phil Hall | Nov 14, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

United Real Estate is expanding its presence in New Orleans metro area with the merger of its Metairie, Louisiana-based United Real Estate | Partners with Real Estate Resource Group in Covington, Louisiana. This is the second merger between United and a New...
New Proposal Envisions $1 Billion Redevelopment of Astrodome

New Proposal Envisions $1 Billion Redevelopment of Astrodome

by Phil Hall | Nov 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Houston’s Astrodome, the world’s first domed sports stadium which has been closed since 2009, is the subject of proposed $1 billion redevelopment project. According to combined media reports, the nonprofit Astrodome Conservancy which seeks to preserve the historic...
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