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New Forecast Predicts Pricing Increases for NYC Commercial Properties

New Forecast Predicts Pricing Increases for NYC Commercial Properties

by Phil Hall | Aug 5, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate investment firm KPG Funds has released a forecast predicting a significant increase in New York City’s commercial property values, with expectations of a 50% to 60% rise in pricing as interest rates decline. KPG Funds is projecting a pricing...
Brennan Investment Group Names Zane Smith as VP for Dallas-Fort Worth Region

Brennan Investment Group Names Zane Smith as VP for Dallas-Fort Worth Region

by Phil Hall | Aug 5, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Rosemont, Illinois-headquartered real estate investment firm focused on industrial properties, has hired Zane Smith as vice president for the Dallas-Fort Worth region. In his new role, Zane will be involved in sourcing and closing both new...
Study: 28% of Title Insurance Companies Report Seller Impersonation Fraud

Study: 28% of Title Insurance Companies Report Seller Impersonation Fraud

by Phil Hall | Aug 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Seller impersonation fraud is growing across the US real estate industry, according to new data from the American Land Title Association (ALTA) that found 28% of title insurance companies experiencing at least one seller impersonation fraud attempt last year while two...
Report: GSEs Planning Tougher Rules on Multifamily Lenders

Report: GSEs Planning Tougher Rules on Multifamily Lenders

by Phil Hall | Aug 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are reportedly preparing tougher rules for multifamily property lenders and brokers. According to a Wall Street Journal report sourced from unnamed “people familiar...
Exuma Capital Partners Launches AI-Powered Platform Property.com

Exuma Capital Partners Launches AI-Powered Platform Property.com

by Phil Hall | Aug 5, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The private equity firm Exuma Capital Partners announced the launch of Property.com, which is promoted as an artificial intelligence (AI)-fueled platform designed to connect contractors, real estate agents, home service providers, and homeowners. According to a...
WP Carey Foundation Commits $25 Million for Arizona State University’s Real Estate Program

WP Carey Foundation Commits $25 Million for Arizona State University’s Real Estate Program

by Phil Hall | Aug 5, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The W. P. Carey Foundation announced its commitment of $25 million to expand the depth and scope of the real estate program at Arizona State University’s W. P. Carey School of Business. The foundation’s investment will be used the finance the launch of an...
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