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Bryan Cranston Lists NYC Apartment for $3.5 Million

Bryan Cranston Lists NYC Apartment for $3.5 Million

by Phil Hall | Apr 30, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

“Breaking Bad” star Bryan Cranston has listed his co-op apartment on Manhattan’s Central Park South or $3.495 million. The Wall Street Journal reports Cranston acquired the apartment for $3.1 million in 2017 when he relocated to New York City to appear in the Broadway...
Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan

Yardi to Become Majority Owner of WeWork in Bankruptcy Exit Plan

by Phil Hall | Apr 30, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The coworking company WeWork (OTCMKTS: WEWKQ) announced the securing of $450 million in new funding that will fuel its exit from Chapter 11 bankruptcy. The property management software provider Yardi Systems is taking a 60% stake in WeWork through its subsidiary Cupar...
First American: Overvalued Housing Market Squashes Affordable Homeownership

First American: Overvalued Housing Market Squashes Affordable Homeownership

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of the nation’s top 50 metro markets are overvalued, which is fueling the continued lack of affordable homeownership opportunities, according to the latest Real House Price Index (RHPI) data from First American Data & Analytics, a division of First...
A Phil Hall Op-Ed: Another Postage Rate Hike?

A Phil Hall Op-Ed: Another Postage Rate Hike?

by Phil Hall | Apr 29, 2024 | A Phil Hall Op-Ed, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: There is a quip, incorrectly attributed to Albert Einstein, that says, “Insanity is doing the same thing over and over again and expecting different results.” A prime example of that foolishness in motion can be seen at the U.S. Postal Service...
New Mixed-Use Entertainment and Sports Venue Planned for Las Vegas

New Mixed-Use Entertainment and Sports Venue Planned for Las Vegas

by Phil Hall | Apr 29, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate development company LVXP announced plans for a mixed-use development on the Las Vegas Strip that will be anchored by an entertainment and sports arena. The project will be located on the 27-acre site at 2601 South Las Vegas Boulevard, across from the...
Survey: Most Canadians Waiting for Lower Rates Before Buying a Home

Survey: Most Canadians Waiting for Lower Rates Before Buying a Home

by Phil Hall | Apr 29, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nearly three-quarters (72%) of potential Canadian homebuyers are waiting until interest rates drop before purchasing a home, according to the latest BMO Real Financial Progress Index report. This is a 4% increase from 2023. The new report also found 85% of Canadians...
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