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CBRE to Combine Project Management Business with Turner & Townsend Subsidiary

CBRE to Combine Project Management Business with Turner & Townsend Subsidiary

by Phil Hall | Jun 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate brokerage and investment firm CBRE Group, Inc. (NYSE:CBRE) announced plans to combine its Project Management business with Turner & Townsend, its majority-owned subsidiary that provides program management, cost consultancy and project...
Hits and Misses for the Real Estate Week of June 17-21

Hits and Misses for the Real Estate Week of June 17-21

by Phil Hall | Jun 21, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Disappointing housing and personal finance data reports, an unlikely business enjoying property tax breaks and a land transfer that rights a historic wrong. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 17-21. Miss:...
New Listings and Median Home Prices Up in Florida, But Sales Are Down

New Listings and Median Home Prices Up in Florida, But Sales Are Down

by Phil Hall | Jun 21, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 26,252 closed sales of existing single-family homes statewide in May, down by a slight 0.5% year-over-year, while existing condo-townhouse sales totaled 10,415, a more substantial year-over-year decline of 8.6%, according to data from Florida...
New York State Home Sales Continue to Decline

New York State Home Sales Continue to Decline

by Phil Hall | Jun 21, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One month after New York State recorded a rare uptick in home sales, the market returned to its long-running decline in transactions. According to data from the New York State Association of Realtors, closed sales during May were down by 4.1%, from 8,826 homes in May...
Ex-Employee Sues NAR for Discrimination and Sexual Harassment

Ex-Employee Sues NAR for Discrimination and Sexual Harassment

by Phil Hall | Jun 21, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A former National Association of Realtors (NAR) employee filed a lawsuit against the trade group that claims she was fired and subjected to retaliation for complaining about discrimination and sexual harassment. Real Estate News reported Roshani Sheth, a NAR project...
Kaiser Permanente Unit Acquires North Carolina Hospital System

Kaiser Permanente Unit Acquires North Carolina Hospital System

by Phil Hall | Jun 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the biggest healthcare property deals of the year is unfolding in the Tar Heel State as Risant Health, a nonprofit subsidiary of healthcare leader Kaiser Permanente, has acquired the North Carolina not-for-profit hospital system Cone Health. Cone Health was...
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