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Marshall Heron to Lead Real Estate Practice at Risk Strategies

Marshall Heron to Lead Real Estate Practice at Risk Strategies

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

Risk Strategies, a Boston-based national specialty insurance brokerage and risk management and consulting firm, has appointed Marshall Heron as national real estate practice leader. In his new role, Heron will be responsible for partnering with regional and practice...
Mackenzie Realty Capital Now Listed on the OTCQX

Mackenzie Realty Capital Now Listed on the OTCQX

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

Mackenzie Realty Capital Inc. a West Coast-focused real estate investment trust (REIT) active in the multifamily and suburban office market sectors, has upgraded its stock market presence to the OTCQX from the Pink market. The company began trading today on OTCQX...
Cher’s One-Time Beverly Hills Home Listed for $4.1 Million

Cher’s One-Time Beverly Hills Home Listed for $4.1 Million

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

The Beverly Hills home once owned by entertainment icon Cher has been listed for $4.1 million. The two-story home was built in 1957 and is located on a half-acre parcel at the end of a cul-de-sac. According to The Robb Report, Cher paid a little more than $2.1 million...
Douglas Elliman Announces Settlement Over Commission Fees

Douglas Elliman Announces Settlement Over Commission Fees

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

Douglas Elliman Inc. (NYSE: DOUG) has become the latest brokerage to announce a settlement that will resolve class action lawsuits related to real estate agent commission fees. Under the terms of the settlement agreement, Douglas Elliman will pay $7.75 million within...
The Richest Billionaire in Real Estate Is…

The Richest Billionaire in Real Estate Is…

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

While many professionals acknowledge that a financially lucrative career can be found in the real estate industry, Lee Shau Kee has taken that notion to a chart-topping high. According to a new study published by Insider Monkey, the 96-year-old Hong Kong executive is...
Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million

Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million

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

A real estate fund managed by the real estate investment firm Kennedy Wilson has teamed with Haseko Corporation, a Japanese construction and development company, to acquire a pair of multifamily communities in Vancouver, Washington, for $90 million. The portfolio...
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