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McDonald’s Plans Over 200 New Restaurants Across UK

McDonald’s Plans Over 200 New Restaurants Across UK

by Phil Hall | Aug 23, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

McDonald’s Corp. (NYSE:MCD) has announced plans to open over 200 new restaurants across the UK over the next four years, a $1.3 billion investment with the goal to create over 24,000 jobs. The new initiative is part of the “McDonald’s at 50” endeavor that highlights...
Cushman & Wakefield Hires Miles Treaster as Head of Capital Markets

Cushman & Wakefield Hires Miles Treaster as Head of Capital Markets

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) has hired Miles Treaster as president of capital markets, Americas. In his new job, Treaster will oversee the operations of the capital markets group, with a focus on strengthening its platform and driving scalable growth through...
Wesley LePatner Promoted to CEO of Blackstone Real Estate Income Trust

Wesley LePatner Promoted to CEO of Blackstone Real Estate Income Trust

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone Real Estate Income Trust Inc. (BREIT) announced the promotion of Chief Operating Officer Wesley LePatner to CEO, effective Jan. 1, 2025. LePatner succeeds Frank Cohen, who is retiring as chief executive at the end of the year and will remain with the...
Utah Brokerage Homie Sues NAR, Claiming Organized Boycott

Utah Brokerage Homie Sues NAR, Claiming Organized Boycott

by Phil Hall | Aug 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Utah-based real estate brokerage Homie has filed an antitrust complaint against the National Association of Realtors (NAR), claiming that the organization’s member agents have steered prospective buyers away from Homie’s listings. According to a Deseret News...
FHFA Proposes 2025-2027 Housing Goals for Fannie Mae and Freddie Mac

FHFA Proposes 2025-2027 Housing Goals for Fannie Mae and Freddie Mac

by Phil Hall | Aug 22, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) issued a proposed rule to establish the 2025-2027 housing goals for the government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC). The FHFA said the goals would ensure the GSEs’...
Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop

Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop

by Phil Hall | Aug 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes in Florida statewide totaled 23,353 last month, up 5.2% year-over-year, while existing condo-townhouse sales totaled 8,364, down 1.2% over July 2023, according to data from Florida Realtors. The statewide median sales price...
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