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Report: Home Improvement Retailer LL Flooring Weighs Bankruptcy Filing

Report: Home Improvement Retailer LL Flooring Weighs Bankruptcy Filing

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

A prominent home improvement retailer with more than 400 stores across 47 states is reportedly considering a bankruptcy filing. According to a Bloomberg report sourced from unnamed sources, LL Flooring Holdings (NYSE:LL) – the Richmond, Virginia-based company...
Home Sales Decline Across Mid-Atlantic Region

Home Sales Decline Across Mid-Atlantic Region

by Phil Hall | Jul 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales across the Mid-Atlantic region totaled 20,552 transactions in June, according to new data from Bright MLS. This represents a 3.2% decline from the previous month and a 10.4% drop from one year ago. Although fewer homes were being sold, more properties were...
Builders Ask Congress to Support Policies to Enable Affordable Housing Construction

Builders Ask Congress to Support Policies to Enable Affordable Housing Construction

by Phil Hall | Jul 10, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) called on Congress to support policies that will enable an increased level of affordable housing construction. Steve Martinez, a home builder from Boise, Idaho, testified today on behalf of NAHB during a House Small...
Francis Ford Coppola Opens Atlanta Hotel with Filmmaker Facilities

Francis Ford Coppola Opens Atlanta Hotel with Filmmaker Facilities

by Phil Hall | Jul 10, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Family Coppola Hideaways, a hospitality company helmed by the Oscar-winning filmmaker Francis Ford Coppola, is opening its first U.S. hotel with The All-Movie Hotel, a suburban Atlanta venue that combines luxury lodging with filmmaking facilities. Based in...
5-Floor NYC Penthouse Sells for $135 Million

5-Floor NYC Penthouse Sells for $135 Million

by Phil Hall | Jul 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A five-story penthouse unit in a historic Fifth Avenue building sold for $135 million, making it the most expensive residential property sale in New York City this year. Mansion Global reports the 12,500-square-foot unit is one of 22 residences located above the Aman...
ARIA Property Services Seeks Texas-Based Wholesale Realtors

ARIA Property Services Seeks Texas-Based Wholesale Realtors

by Phil Hall | Jul 10, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

ARIA Property Services, a Texas-based real estate firm, has launched a new hiring initiative aimed at attracting experienced wholesale realtors. According to the company, the recruitment drive is part of ARIA’s ongoing expansion strategy within the Lone Star...
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