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Kendrick Lamar Drops $40 Million for Los Angeles Estate

Kendrick Lamar Drops $40 Million for Los Angeles Estate

by Phil Hall | May 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rapper Kendrick Lamar has paused his public feud with music rival Drake to close on a $40 million estate in the Brentwood section of Los Angeles. The Wall Street Journal, citing unnamed “people familiar with the deal,” first reported the sale of the 0.84-acre...
Hits and Misses for the Real Estate Week of May 13-17

Hits and Misses for the Real Estate Week of May 13-17

by Phil Hall | May 17, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A questioning of the Biden homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 13-17. Hit: Sparking a Much-Needed...
California Median Home Prices Soar Past $900K Level to New Record High

California Median Home Prices Soar Past $900K Level to New Record High

by Phil Hall | May 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s median home price reached a new all-time high at $904,210 in April, up 11.4% from $811,510 one year earlier and up 5.8% from March’s $854,490. According to the California Association of Realtors (CAR), this is the first time the median home price...
Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger

Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger

by Phil Hall | May 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The mortgage advisory firms Stratmor Group and Teraverde have announced a merger. According to the companies, both firms will operate under the Stratmor brand and will combine their respective programs, technology, and subject-matter expertise. “The mortgage industry...
Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations

Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations

by Phil Hall | May 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian vegan fast-food restaurant chain Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) has signed its second U.S. area representative agreement for the development of 40 locations in Florida over the next eight years. The agreement was signed with StarMatt...
Kristie Arnst Promoted to EVP at Buckingham Companies

Kristie Arnst Promoted to EVP at Buckingham Companies

by Phil Hall | May 17, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Buckingham Companies, an Indianapolis-headquartered real estate investment firm, has promoted Kristie Arnst to executive vice president. In her new role, Arnst will lead the further development of Buckingham’s leadership team, the vertical integration of its...
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