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Nonprofit Backed by Realtors’ Group Sues Beverly Hills Over Rejected Development

Nonprofit Backed by Realtors’ Group Sues Beverly Hills Over Rejected Development

by Phil Hall | Jul 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A nonprofit group sponsored by the California Association of Realtors (CAR) announced it was suing the City of Beverly Hills for rejecting an application to build a 165-unit mixed-used development. The project’s proposed location is a vacant lot in an area...
Survey: Most Americans Are Unwilling or Uncertain About Moving

Survey: Most Americans Are Unwilling or Uncertain About Moving

by Phil Hall | Jul 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The majority of Americans are either unwilling or uncertain about moving out of their homes, according to new data published by the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB). The data, which was collected through the...
Angela Cain Named Global CEO at Urban Land Institute

Angela Cain Named Global CEO at Urban Land Institute

by Phil Hall | Jul 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Urban Land Institute (ULI) today announced the appointment of Angela Cain as its global CEO, effective Sept. 3. She succeeds Ron Pressman, who retired last October. Cain brings more than 25 years of global nonprofit and leadership experience in the corporate real...
JLL Debuts Commercial Paper Program

JLL Debuts Commercial Paper Program

by Phil Hall | Jul 2, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Chicago-headquartered real estate services firm Jones Lang LaSalle Inc. (JLL) (NYSE: JLL) has launched its inaugural commercial paper program. According to the company, up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be...
Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations

Northeast Retail Chain Bob’s Stores Files for Bankruptcy, Plans to Shutter Locations

by Phil Hall | Jul 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Bob’s Stores, a 70-year-old apparel and accessories retailer focused on the Northeast, has filed for Chapter 11 bankruptcy protection and has begun liquidation sales at its remaining stores. Founded in 1954 as Bob’s Surplus, the company grew to a 34-store...
A Phil Hall Op-Ed: Biden, Housing and ‘Corporate Greed’

A Phil Hall Op-Ed: Biden, Housing and ‘Corporate Greed’

by Phil Hall | Jul 1, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Last Thursday’s presidential debate was, to be a charitable, a disaster for the incumbent. But from a housing standpoint, it offered a cruel but much-needed reality check on President Biden’s disconnect to the problems created by his...
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