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Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap

Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap

by Phil Hall | Oct 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson is reportedly planning a major policy switch with a proposal to raise property taxes as a strategy to address the city’s budget problems. The Chicago Tribune, citing input from three unnamed alderman, said officials in Johnson’s...
Data Reports: Home Prices Up, But Cooling

Data Reports: Home Prices Up, But Cooling

by Phil Hall | Oct 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices are still on the rise, but two new data reports are pointing to a slowing acceleration. The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 4.2% annual return for August, down from a 4.8% annual gain in July. The 10-City...
Canadian Real Estate Developer Cantiro Debuts Investment Fund

Canadian Real Estate Developer Cantiro Debuts Investment Fund

by Phil Hall | Oct 29, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Cantiro, the Edmonton-based real estate development company, has launched the Cantiro Opportunity Fund, an investment vehicle designed to generate long-term growth and value through real estate projects in Western Canada and Southern Ontario. According to the company,...
Dream Finders Homes Acquires Alliant National Title Insurance

Dream Finders Homes Acquires Alliant National Title Insurance

by Phil Hall | Oct 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Dream Finders Homes (NYSE: DFH), a homebuilder based in Jacksonville, Florida, announced its acquisition of Alliant National Title Insurance Company Inc. and a related affiliate. Based in Longmont, Colorado, Alliant National is a title insurance underwriter with more...
Hyatt in Joint Venture with Spain’s Grupo Piñero

Hyatt in Joint Venture with Spain’s Grupo Piñero

by Phil Hall | Oct 29, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H) is partnering with the Spanish tourism firm Grupo Piñero on a joint venture to manage the Bahia Principe-branded hotels and resorts and own the Bahia Principe brand. The joint venture encompasses 23 resorts totaling over 12,000...
Douglas Elliman Fires President and CEO Scott Durkin

Douglas Elliman Fires President and CEO Scott Durkin

by Phil Hall | Oct 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Douglas Elliman Inc. (NYSE:DOUG) continued to shake up its executive leadership with the firing of President and CEO Scott Durkin. The company announced Durkin’s departure in a filing with the Securities and Exchange Commission, which tersely announced his employment...
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