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Patti Cook, Former Finance of America CEO, Dies at 70

Patti Cook, Former Finance of America CEO, Dies at 70

by Phil Hall | Nov 7, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Patti Cook, the former CEO of Finance of America Companies, passed away at the age following a bout with pancreatic cancer. “Patti’s legacy is one of unwavering commitment to our people,” said the company in a LinkedIn posting announcing her death. “She invested...
Morgan Barnes Named Director of Lending Relations at Real Estate Connection

Morgan Barnes Named Director of Lending Relations at Real Estate Connection

by Phil Hall | Nov 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real Estate Connection, a Gaithersburg, Maryland-based tech-enabled brokerage, announced the hiring of Morgan Barnes as director of lender relations. In joining the company, Barnes crosses over from a successful career in the fitness industry where she owned and...
A Phil Hall Op-Ed: Life After Sitzer/Burnett

A Phil Hall Op-Ed: Life After Sitzer/Burnett

by Phil Hall | Nov 6, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: I just did a Google News search for the phrase “real estate” and I came up with a remarkable collection of headlines from major news outlets. These headlines and their sources included the following: “After a $1.8 billion verdict, the clock is...
Can Artificial Intelligence Bridge the Racial Disparity Gap in Homeownership?

Can Artificial Intelligence Bridge the Racial Disparity Gap in Homeownership?

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The question of whether artificial intelligence (AI) can bridge the widening racial disparity homeownership gap or if it could make it worse is the subject of the new research paper “Harnessing AI for Equity in Mortgage Finance,” created in collaboration of Federal...
Thompson Thrift to Develop Luxury Multifamily Community in Phoenix

Thompson Thrift to Develop Luxury Multifamily Community in Phoenix

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily development firm Thompson Thrift announced the launch of Refinery at Pointe17, a 224-unit Class A multifamily community located near the Taiwan Semiconductor Plant (TSMC) in northern Phoenix. Construction is set to begin this month for Refinery at...
Apartment at The Plaza in NYC Sells for $66 Million

Apartment at The Plaza in NYC Sells for $66 Million

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Talk about a room with a view: a 12,000-square-foot apartment at The Plaza, the New York City landmark hotel and condominium, that overlooks Central Park was sold for nearly $66 million. The Real Deal reported unit 1109 was the fourth most expensive residential real...
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