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Philadelphia Agrees to $1.55 Billion Arena for the 76ers

Philadelphia Agrees to $1.55 Billion Arena for the 76ers

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

The City of Philadelphia has reached an agreement to build a new $1.55 billion, 18,500-seat arena that will be home to the NBA’s Philadelphia 76ers. Philly Voice reported the new arena will be on East Market Street just south of Chinatown on a site that is currently...
Maine Home Sales Amid Higher Prices and Lower Inventory

Maine Home Sales Amid Higher Prices and Lower Inventory

by Phil Hall | Sep 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in Maine were on the rise in August despite a limited inventory and higher prices. According to new data from the Maine Association of Realtors, the state recorded 1,535 home sales last month, up 1.66% from the 1,150 sales in August 2023. The median home...
NAR Publishes Consumer Resource Series on Post-Settlement Practices

NAR Publishes Consumer Resource Series on Post-Settlement Practices

by Phil Hall | Sep 20, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has published a new series of consumer resources designed to help realtors educate homebuyers and sellers to the post Sitzer/Burnett settlement practices. The new series consists of six installments available in English and...
Baja California’s Paradero Homes Launches US Sales with Compass

Baja California’s Paradero Homes Launches US Sales with Compass

by Phil Hall | Sep 20, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Paradero Homes, a collection of 26 residences within the Baja California-based hotel Paradero Todos Santos, is collaborating with the Beverly Hills-based Jones Fridman International & Associates at Compass to market the residential development to affluent American...
Abatement and Demolition Begin on Phoenix’s Metrocenter Mall

Abatement and Demolition Begin on Phoenix’s Metrocenter Mall

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

Concord Wilshire Capital and TLG Investment Partners have begun the abatement and demolition of the Metrocenter Mall in Phoenix while forming a partnership with Diversified Partners LLC to develop and construct the 140,000-square-foot retail component within the...
British Columbia Real Estate Lawyer Disbarred for Third Time

British Columbia Real Estate Lawyer Disbarred for Third Time

by Phil Hall | Sep 20, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A British Columbia real estate lawyer was declared “ungovernable” and disbarred for a third time by a Law Society of B.C. panel. The CBC reported the Law Society found the Richmond-based Hong Guo engaged in “repetitive, protracted and serious”...
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