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Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage

Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage

by Phil Hall | Apr 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage and risk management services firm, has acquired Metairie, Louisiana-based Fontenelle & Goodreau Insurance LLC, a provider of commercial property/casualty coverages specializing in large...
Austin Realtors Support Plan for Smaller Houses to Boost Affordable Homeownership

Austin Realtors Support Plan for Smaller Houses to Boost Affordable Homeownership

by Phil Hall | Apr 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Austin Board of Realtors (ABoR) is backing a proposal to expand affordable homeownership opportunities by subdividing single-family lots for the building of smaller and less expensive homes. According to a CBS Austin report, the median price for home sales in the...
Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’

Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’

by Phil Hall | Apr 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rhode Island Housing Secretary Stefan Pryor is complaining that his state’s new construction supply is not keeping pace with the local demand. “Our housing production rate is too low,” said Pryor in an interview with NBC 10 News WJAR-TV. “In fact, it’s the lowest in...
Portfolio+ Launches Reverse Mortgage Product

Portfolio+ Launches Reverse Mortgage Product

by Phil Hall | Apr 18, 2024 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Portfolio+ Inc., a Toronto-based provider of financial services systems and technologies for the Canadian market, has added a reverse mortgage product to its offerings. According to the company, the new reverse mortgage solution will enable financial institutions to...
Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council

Disneyland’s $1.9 Billion Expansion Plan Get Preliminary OK from Anaheim City Council

by Phil Hall | Apr 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Walt Disney Co. (NYSE:DIS) cleared a major hurdle in its proposed $1.9 billion expansion of Disneyland with the Anaheim City Council giving preliminary approval for its development plans. KTLA reported the city council voted 7-0 in favor of the proposal early...
Former HGTV Star Sentenced to Four Years for Real Estate Fraud

Former HGTV Star Sentenced to Four Years for Real Estate Fraud

by Phil Hall | Apr 17, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A former HGTV star was sentenced to four years in jail and ordered to pay back close to $10 million for real estate and financial fraud against 11 victims. The Office of the District Attorney for California’s Santa Clara County reported that Charles “Todd” Hill was...
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