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Hits and Misses for the Real Estate Week of Jan. 29-Feb. 2

Hits and Misses for the Real Estate Week of Jan. 29-Feb. 2

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A $70 million settlement in a controversial lawsuit, a celebrity football player as a potential neighbor and a big win for gas stove lovers. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Jan. 29-Feb. 2. Hit or Miss,...
Former Blackstone Executive Launching $1 Billion Real Estate Fund

Former Blackstone Executive Launching $1 Billion Real Estate Fund

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A former executive with Blackstone (NYSE:BX) is on track to raise $1 billion for a real estate-focused fund. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the matter,” reported Tyler Henritze, Blackstone’s former head of real estate...
Leyad Corporation Acquires Nova Scotia Mall

Leyad Corporation Acquires Nova Scotia Mall

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Leyad Corporation, a Montreal-based real estate development company, has acquired the North Sydney Mall in North Sydney, Nova Scotia. The financial terms of the deal were not disclosed. According to the company, the acquisition adds 182,031 square feet of retail space...
Redfin Debuts Sign & Save as Refund Program for Home Buyers

Redfin Debuts Sign & Save as Refund Program for Home Buyers

by Phil Hall | Feb 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Redfin (NASDAQ:RDFN) has introduced Sign & Save, which the Seattle brokerage described as “a new way for consumers to get a better deal in real estate.” According to the company, home buyers who sign up to work with a Redfin agent before the second home tour can...
Parcel That Was Once Al Capone’s Miami Home Listed for $23.9 Million

Parcel That Was Once Al Capone’s Miami Home Listed for $23.9 Million

by Phil Hall | Feb 2, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30,000-square-foot empty Florida parcel that was the last residence of gangster Al Capone has been listed for sale at $23.9 million. Capone bought the Spanish Colonial-style villa on the property in 1928 for $40,000 in 1928 and died there from heart failure in...
Dream Finders Homes Acquires Homebuilder Crescent Ventures

Dream Finders Homes Acquires Homebuilder Crescent Ventures

by Phil Hall | Feb 2, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Jacksonville, Florida-based homebuilder Dream Finders Homes Inc. (NYSE: DFH) has acquired the core homebuilding assets of privately held homebuilder, Crescent Ventures LLC. The financial terms of the deal were not disclosed, although the companies noted the...
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