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Canadian City Sells Historic Building Valued at $475,000 for $1,000

Canadian City Sells Historic Building Valued at $475,000 for $1,000

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

The city council of Fredericton, New Brunswick, has voted to sell a historically significant building valued at $475,000 to a private developer for $1,000. According to a CBC report, the sale of Lemont House to State Street Properties carries the condition that the...
Dana Caudell Named Chief Strategic Officer at Pegasus Residential

Dana Caudell Named Chief Strategic Officer at Pegasus Residential

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

Pegasus Residential, an Atlanta-headquartered multifamily property management firm, announced the hiring Dana Caudell as our chief strategy officer. Caudell recently served as chief operating officer of The Aventon Companies, where she oversaw all aspects of asset...
The Best and Worst Cities for Renters Are…

The Best and Worst Cities for Renters Are…

by Phil Hall | Jul 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bismarck, North Dakota, ranked first among more than 180 as the best market for rental housing in WalletHub’s 2024 Best & Worst Places to Rent survey. For this year’s survey, WalletHub number-crunched 21 indicators of rental attractiveness, ranging from the...
Forecast: Global Real Estate Tokenization Market to Reach $26 Billion by 2034

Forecast: Global Real Estate Tokenization Market to Reach $26 Billion by 2034

by Phil Hall | Jul 9, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A new report is predicting the global real estate tokenization market size and share will grow in revenue from $3.8 billion in 2024 to $26 billion by 2034, with a compound annual growth rate of 2.90%. The report from Prophecy Market Insights observed the U.S. is “the...
Brittney Jones Named Chief Development Officer at Brittain Resorts & Hotels

Brittney Jones Named Chief Development Officer at Brittain Resorts & Hotels

by Phil Hall | Jul 9, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Brittain Resorts & Hotels (BRH), a full-service hospitality management company headquartered in Myrtle Beach, South Carolina, has hired Brittney Jones as chief development officer. In her new role, Jones will oversee the expansion of BRH’s portfolio through...
Garrett Colburn Named President at SRS Real Estate Partners

Garrett Colburn Named President at SRS Real Estate Partners

by Phil Hall | Jul 9, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Dallas-headquartered SRS Real Estate Partners has promoted Garrett Colburn to the role of president. Colburn will partner with CEO Chris Maguire to generate growth across all platforms, including retail, capital markets and industrial. He also will serve on SRS’...
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