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Pinstripes Taps Newmark for Master Broker Deal

Pinstripes Taps Newmark for Master Broker Deal

by Phil Hall | May 7, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The dining/entertainment venue operator Pinstripes Holdings Inc. (NYSE: PNST) has signed a new agreement with Newmark Group (NASDAQ:NMRK) for the company to act as Pinstripes’ exclusive Master Broker throughout the U.S. and overseas. The Newmark partnership will...
Steven Winokur Joins Carrington Mortgage Services as Marketing VP

Steven Winokur Joins Carrington Mortgage Services as Marketing VP

by Phil Hall | May 7, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Anaheim, California-headquartered Carrington Mortgage Services LLC (CMS) has hired Steven Winokur as vice president of marketing and third-party origination. Winokur was previous chief marketing officer for Angel Oak Lending, where he gained prominence for expanding...
Paul Walker Named CFO at Planet Home Lending

Paul Walker Named CFO at Planet Home Lending

by Phil Hall | May 7, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Meriden, Connecticut-headquartered Planet Home Lending hired Paul Walker as its next chief financial officer (CFO). Walker was previously CFO at Mortgage Assets Management LLC and Supreme Lending. He replaces Teresa McDermott, who transitioned to the role of deputy...
New Real Estate Investment Fund Aims at Car Wash Market

New Real Estate Investment Fund Aims at Car Wash Market

by Phil Hall | May 7, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity real estate investment firm PPR Capital Management has teamed with retail business developer and operator Olympus Pines to launch the PPR Opportunity Fund, which will focus on creating new car wash enterprises in strategic, high-growth U.S. markets....
Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits

Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits

by Phil Hall | May 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Seattle-headquartered Redfin (NASDAQ:RDFN) has become the latest brokerage to announce a settlement of lawsuits related to claims of inflated broker commissions – in this case, a $9.25 million agreement. The company agreed to the settlement on Friday and disclosed...
A Phil Hall Op-Ed: Using Common Sense with Artificial Intelligence

A Phil Hall Op-Ed: Using Common Sense with Artificial Intelligence

by Phil Hall | May 6, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Warren Buffett hosted his annual Berkshire Hathaway (NYSE:BRK.A) shareholders meeting this past weekend, and during the event the billionaire executive was quizzed about artificial intelligence (AI). “I don’t know anything about AI,” he said,...
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