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D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

D.R. Horton Acquires Gulf Coast Builder Truland Homes for $100 Million

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Arlington, Texas-based builder D.R. Horton Inc. has acquired Truland Homes, a privately owned homebuilder focused along the Florida and Alabama Gulf Coast markets, for approximately $100 million in cash. The acquired homebuilding assets of Truland Homes include...
UDR Teams with LaSalle on $510 Million Joint Venture Deal

UDR Teams with LaSalle on $510 Million Joint Venture Deal

by Phil Hall | Jul 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

UDR Inc. (NYSE:UDR), a Denver-headquartered multifamily real estate investment trust, has teamed with LaSalle Investment Management, an operationally independent subsidiary of JLL (NYSE:JLL), on a $510 million joint venture focused on the multifamily market. The joint...
Mick Jagger’s Florida Home Listed for $3.5 Million

Mick Jagger’s Florida Home Listed for $3.5 Million

by Phil Hall | Jul 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Florida home of Sir Mick Jagger, the Rolling Stones frontman, is now on the market for $3.499 million. According to Realtor.com Jagger and his partner, retired ballerina and choreographer Melanie Hamrick, acquired the 0.35-acre property in The Lake Club gated...
American Homeowners Paid $174 Billion in Q1 Property Taxes

American Homeowners Paid $174 Billion in Q1 Property Taxes

by Phil Hall | Jul 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A data analysis of the U.S. Census Bureau’s state and local tax data by the National Association of Home Builders (NAHB) has determined that property owners paid $174 billion in taxes during the first quarter of 2023 and $714 billion in the four quarters ending with...
Hits and Misses for the Real Estate Week June 26-30

Hits and Misses for the Real Estate Week June 26-30

by Phil Hall | Jun 30, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A quartet of proactive federal agencies, a mayor who took criticism the wrong way and a tree-hating neighbor from hell. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Thank You for Being a Friend. Most federal...
$38.1 Million Sale on Nantucket is Most Expensive in Massachusetts History

$38.1 Million Sale on Nantucket is Most Expensive in Massachusetts History

by Phil Hall | Jun 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Nantucket compound sold for $38.1 million, creating the largest residential real estate sale in Massachusetts history. According to the Wall Street Journal, the sellers are venture capitalist Evan Jones and his wife, wildlife photographer Cindy Jones, who acquired...
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