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Can Artificial Intelligence Bridge the Racial Disparity Gap in Homeownership?

Can Artificial Intelligence Bridge the Racial Disparity Gap in Homeownership?

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The question of whether artificial intelligence (AI) can bridge the widening racial disparity homeownership gap or if it could make it worse is the subject of the new research paper “Harnessing AI for Equity in Mortgage Finance,” created in collaboration of Federal...
Thompson Thrift to Develop Luxury Multifamily Community in Phoenix

Thompson Thrift to Develop Luxury Multifamily Community in Phoenix

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily development firm Thompson Thrift announced the launch of Refinery at Pointe17, a 224-unit Class A multifamily community located near the Taiwan Semiconductor Plant (TSMC) in northern Phoenix. Construction is set to begin this month for Refinery at...
Apartment at The Plaza in NYC Sells for $66 Million

Apartment at The Plaza in NYC Sells for $66 Million

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Talk about a room with a view: a 12,000-square-foot apartment at The Plaza, the New York City landmark hotel and condominium, that overlooks Central Park was sold for nearly $66 million. The Real Deal reported unit 1109 was the fourth most expensive residential real...
Lincoln Avenue Communities Breaks Ground on Reno Affordable Housing Complex

Lincoln Avenue Communities Breaks Ground on Reno Affordable Housing Complex

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, broke ground on the future site of Pinyon Apartments, a development that will provide 252 units of affordable housing for lower-income families in Reno, Nevada. Construction of Pinyon...
First Net-Zero Residence from Aro Homes is Listed at $4.2 Million

First Net-Zero Residence from Aro Homes is Listed at $4.2 Million

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Aro Homes, an early-stage company focused on designing and building carbon negative, sustainably built, single-family homes, announced its first completed residence designed by Olson Kundig, the Seattle-based global design practice, has been listed for sale at $4.2...
Hits and Misses for the Real Estate Week of Oct. 30 – Nov. 3

Hits and Misses for the Real Estate Week of Oct. 30 – Nov. 3

by Phil Hall | Nov 3, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trade group enduring a surplus of grief, a central bank that stopped punishing the public and a billionaire’s adieu to the Pacific Northwest. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 30 to Nov. 3. Miss: NAR at a...
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