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YouTube Star MrBeast Builds and Gives Away 100 Homes in New Video

YouTube Star MrBeast Builds and Gives Away 100 Homes in New Video

by Phil Hall | Jul 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The YouTube star MrBeast has mixed homebuilding and philanthropy with his newly released video “I Built 100 Homes And Gave Them Away!” MrBeast, whose real name is Jimmy Donaldson, has become YouTube’s most popular star thanks to a video series featuring outrageous...
Chris Knapp Named President at Proper Rate

Chris Knapp Named President at Proper Rate

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

Proper Rate, a Chicago-based retail mortgage company, announced the appointment of Chris Knapp as president. Proper Rate is joint venture between the mortgage lender Guaranteed Rate and the brokerage firm @properties. Knapp was part of Guaranteed Rate for nearly 11...
Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges

Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges

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

The New York City-based law firm Weil, Gotshal & Manges has hired Thomas Henry to co-chair its U.S. real estate practice. Henry was previously co-managing partner and co-chair of the real estate department at Willkie Farr & Gallagher’s New York City office. In...
Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years

Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Contrary to the “Field of Dreams” catchphrase, new apartment complexes are being built but not that many people are coming to rent units. According to new data from Redfin (NASDAQ:RDFN), less than half (47%) of newly constructed apartments that were completed in the...
Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

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

The multifamily community owner Morgan Properties has acquired a portfolio of 11 multifamily properties throughout Pennsylvania from the original developer and owner, The DePaul Management Company. The acquisition encompasses 3,434 units in the suburbs of Philadelphia...
Thompson Thrift to Develop Atlanta-Area Multifamily Community

Thompson Thrift to Develop Atlanta-Area Multifamily Community

by Phil Hall | Jul 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily developer Thompson Thrift announced its next project will be The Levi, a 212-unit Class A multifamily community located in the Atlanta suburb of Stockbridge, Georgia. The Levi will encompass roughly 15 acres within the 158-acre master-planned community...
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