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Tibor Hollo, a Holocaust Survivor Who Changed Miami’s Skyline, Dies at 96

Tibor Hollo, a Holocaust Survivor Who Changed Miami’s Skyline, Dies at 96

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

Tibor Hollo, a Holocaust survivor who became one of the most prominent and influential real estate developers in Miami, passed away at the age of 96. Hollo was born to a Jewish family in Budapest, Hungary, on July 13, 1927. His family moved to Paris in 1933. In 1941,...
Steward Health Care, Largest Physician-Owned Hospital Operator, Files for Chapter 11

Steward Health Care, Largest Physician-Owned Hospital Operator, Files for Chapter 11

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

Dallas-headquartered Steward Health Care System, the nation’s largest physician-owned hospital operator, has filed for Chapter 11 protection. Steward operates 33 community hospitals in nine states and has more than 30,000 employees. The company has been dealing with...
NAR’s Sitzer/Burnett Policy Changes Moved to August

NAR’s Sitzer/Burnett Policy Changes Moved to August

by Phil Hall | May 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) updated when the policy changes of its Sitzer/Burnett settlement agreement will go into effect. Originally slated for July, the policies will now go into effect on Aug. 17. These changes will prevent listing brokers from...
Hits and Misses for the Real Estate Week of April 29-May 3

Hits and Misses for the Real Estate Week of April 29-May 3

by Phil Hall | May 3, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A landlord facing multiple indictments, a pair of new lawsuits and a boffo sale of a game show host’s estate. From the wild and wooly world of real estate, here are our hits and misses for the real estate week of April 29-May 3. Miss: The Landlord from Hell. A New...
Treasury Secretary Yellen: ‘Democracy Has Come Under Threat’

Treasury Secretary Yellen: ‘Democracy Has Come Under Threat’

by Phil Hall | May 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Treasury Secretary Janet Yellen appeared to take on the role of campaign surrogate for the Biden-Harris re-election effort in a speech promoted to consider the “economic case for democracy.” In prepared remarks delivered before the McCain Institute in Washington,...
Housing Economists Offer Mixed Views on Jobs Data

Housing Economists Offer Mixed Views on Jobs Data

by Phil Hall | May 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy that is too hot is not good for interest rates,” said...
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