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CVS Health Invests $8.4 Million in Maine Senior Housing Project

CVS Health Invests $8.4 Million in Maine Senior Housing Project

by Phil Hall | Jun 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The pharmacy chain CVS Health (NYSE: CVS) has expanded its focus into real estate with an $8.4 million investment into an endeavor by Community Housing of Maine (CHOM), the Portland Housing Authority and Boston Financial for the construction of 52 affordable housing...
NYC Mansion with a Colorful History Listed at $13 Million

NYC Mansion with a Colorful History Listed at $13 Million

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New York City mansion with a somewhat wild history will go on sale next month via an online auction, with a listing price of $12.995 million. The Kleeberg Residence at 3 Riverside Drive was built in 1895 in the French Renaissance Revival style by prominent architect...
Person of the Week: Isaac Dixon, Senior Vice President of Real Estate at DiversyFund Inc.

Person of the Week: Isaac Dixon, Senior Vice President of Real Estate at DiversyFund Inc.

by Phil Hall | Jun 20, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Isaac Dixon is senior vice president of real estate at DiversyFund Inc., a San Diego-based real estate investment platform. For this new edition of Person of the Week, Dixon offers his views on the current state of the multifamily housing sector. My question is a...
Herbert Hoover’s Monterey Vacation Home Listed at $2.4 Million

Herbert Hoover’s Monterey Vacation Home Listed at $2.4 Million

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The property in Monterey, California, that was the summer cottage of President Herbert Hoover and his wife, Lou Henry Hoover, has been listed for sale at $2.395 million. According to a Wall Street Journal report, the Hoovers purchased the wooden cottage in 1913 from...
California Home Sales Up in May

California Home Sales Up in May

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s housing market rebounded in May with home sales rising to the highest level in eight months and the statewide median price remaining above $800,000 for the second straight month. According to new data from the California Association of Realtors,...
New Homebuyer Assistance Program Aimed at HBCU and PBI Graduates

New Homebuyer Assistance Program Aimed at HBCU and PBI Graduates

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

BMO (NYSE:BMO) has rolled out the Homebuyer Assistance Program for graduates of Historically Black Colleges and Universities (HBCU) and Predominantly Black Institutions (PBI). Created in partnership with the National Association for Real Estate Brokers (NAREB), a...
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