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Kim Hoffman Named President at Adfitech

Kim Hoffman Named President at Adfitech

by Phil Hall | Feb 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Adfitech Inc., a subsidiary of Mortgage Connect, announced the appointment of Kim Hoffman as its new president. In her new job, Hoffman focus on strengthening Adfitech’s core service offerings and furthering product offerings supporting capital markets. Hoffman...
Iowa Realtor Shoots Homeowners’ Dog During House Tour

Iowa Realtor Shoots Homeowners’ Dog During House Tour

by Phil Hall | Feb 27, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

An Iowa realtor on a house tour shot the pet dog of the homeowners, although whether the shooting was in self-defense is in dispute. According to a Newsweek report, the incident occurred last Thursday in Shenandoah, Iowa, in the backyard of the residence. The dog, an...
Case-Shiller: Home Prices Ended 2023 on the Rise

Case-Shiller: Home Prices Ended 2023 on the Rise

by Phil Hall | Feb 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data from the S&P CoreLogic Case-Shiller Indices affirmed that home prices ended 2023 at a higher level. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.5% annual gain in December, up from a 5% rise in the previous...
Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?

Will Commercial Real Estate Woes Fuel a New Wave of Bank Failures?

by Phil Hall | Feb 27, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Bank failures could begin to percolate across the U.S. due the ongoing tumult in the commercial real estate sector, according to finance experts at Florida Atlantic University (FAU). Dr. Rebel A. Cole, the Lynn Eminent Scholar Chaired Professor of Finance in FAU’s...
Jonathan Pollack to Become President at Starwood Capital Group

Jonathan Pollack to Become President at Starwood Capital Group

by Phil Hall | Feb 27, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Starwood Capital Group, a global private investment firm with a primary focus on real estate, announced that Jonathan Pollack will join the firm as president in 2025. Pollack joins the Miami-based Starwood Capital from Blackstone, where he served as global head of the...
Reynolds Asset Management Acquires Two Multifamily Properties in Texas

Reynolds Asset Management Acquires Two Multifamily Properties in Texas

by Phil Hall | Feb 27, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Paramus, New Jersey-based Reynolds Asset Management has acquired two multifamily properties in Texarkana, Texas, for $23 million. The 360-unit acquisition is a joint venture with Jeff Juster’s Newport Capital Advisors LLC. The two companies plan to invest $3 million...
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