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Michigan Real Estate Agent Sentenced in Child Predator Case

Michigan Real Estate Agent Sentenced in Child Predator Case

by Phil Hall | Oct 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A real estate agent in Lansing, Michigan, was sentenced to up to 20 years in prison on a charge of sexually abusive activity involving a child. According to the Lansing State Journal, 64-year-old John DeMarco received a sentence of 30 to 240 months from Judge Matthew...
Leadership Change at Arch Capital Group

Leadership Change at Arch Capital Group

by Phil Hall | Oct 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Arch Capital Group Ltd. (NASDAQ: ACGL), a provider of insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries, announced the promotion of Nicolas Papadopoulo as CEO. Papadopoulo, who is also joining the company’s board...
Hits and Misses for the Real Estate Week of Oct. 7-11

Hits and Misses for the Real Estate Week of Oct. 7-11

by Phil Hall | Oct 11, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A busy week for NAR, the struggle by Maui’s wildfire survivors, and guess who’s coming to dinner (and breakfast and lunch)? From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 7-11. Hit: NAR Fights Back. The National...
7-Eleven to Close 444 Stores Across North America

7-Eleven to Close 444 Stores Across North America

by Phil Hall | Oct 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Japan’s Seven & i Holdings (OTCMKTS: SVNDY) announced plans to close 444 of its 7-Eleven in North America, citing underperformance by the convenience store chain. C-Store Dive reported the company also agreed to offload an undisclosed number of properties in North...
Morguard Breaks Ground on Rental Community in Mississauga

Morguard Breaks Ground on Rental Community in Mississauga

by Phil Hall | Oct 11, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate and property management company Morguard Corporation (TSX: MRC) has begun construction of as new purpose-built rental community in the Port Credit section of Mississauga, Ontario. The new development will encompass one nine-story and two eight-story...
Chase Properties Acquires Retail Plazas in Upstate New York and Virginia

Chase Properties Acquires Retail Plazas in Upstate New York and Virginia

by Phil Hall | Oct 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate investment firm Chase Properties has announced two retail property acquisitions: Creekside Plaza in Ithaca, New York, and Waynesboro Town Center in Waynesboro, Virginia. The 180,000-square-foot Creekside Plaza was built in 2001 and is 95% leased, with...
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