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Middleburg Communities to Develop BTR Community in North Carolina

Middleburg Communities to Develop BTR Community in North Carolina

by Phil Hall | Jan 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Middleburg Communities has closed on an approximately 30-acre land parcel located in Wilmington, North Carolina. The Vienna, Virginia-based company will use the parcel for the development of Hamlet Barclay West, a 280-unit build-to-rent (BTR) neighborhood development...
Two Towers in Detroit’s Renaissance Center are Sold

Two Towers in Detroit’s Renaissance Center are Sold

by Phil Hall | Jan 3, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Friedman Real Estate, a Farmington Hills, Michigan-based commercial property firm, has acquired two of the seven office towers within Detroit’s Renaissance Center complex. According to a Detroit Free Press report, the company acquired the 21-story Towers 500 and 600...
Kaydoh in Partnership with Kaplan Real Estate School

Kaydoh in Partnership with Kaplan Real Estate School

by Phil Hall | Jan 3, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Kaydoh, a San Jose-based provider of marketing tools for real estate professionals, announced a partnership with Kaplan, the real estate education school. Under the terms of the partnership, Kaydoh will provide Kaplan students with access to its entire suite of...
Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

by Phil Hall | Jan 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Two months after the verdict in the Sitzer/Burnett trial rocked the real estate profession, another lawsuit was filed in Missouri challenging the commission structures of real estate professionals. Maryland resident named Daniel Umpa filed a complaint in the U.S....
New Forecast Points to Robust Year for REITs

New Forecast Points to Robust Year for REITs

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

The real estate investment trust (REIT) sector is moving into a more positive environment in 2024, according to a forecast released by the National Association of Real Estate Investment Trusts (Nareit). While high interest rates impacted the commercial properties that...
Study: 3D Printing in Construction Industry to Reach $3.3 Billion by 2031

Study: 3D Printing in Construction Industry to Reach $3.3 Billion by 2031

by Phil Hall | Jan 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The 3D printing in construction industry is expected to increase by a compound annual growth rate of 40.3% and reach a market value of $3.3 billion by the end of 2031, according to a new report by Transparency Market Research Inc. The growth trajectory is attributed...
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