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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...
Lincoln Avenue Communities Breaks Ground on Reno Affordable Housing Complex

Lincoln Avenue Communities Breaks Ground on Reno Affordable Housing Complex

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

Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, broke ground on the future site of Pinyon Apartments, a development that will provide 252 units of affordable housing for lower-income families in Reno, Nevada. Construction of Pinyon...
First Net-Zero Residence from Aro Homes is Listed at $4.2 Million

First Net-Zero Residence from Aro Homes is Listed at $4.2 Million

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

Aro Homes, an early-stage company focused on designing and building carbon negative, sustainably built, single-family homes, announced its first completed residence designed by Olson Kundig, the Seattle-based global design practice, has been listed for sale at $4.2...
Pineapple Financial Closes IPO

Pineapple Financial Closes IPO

by Phil Hall | Nov 6, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Toronto-based Pineapple Financial Inc., a tech-focused mortgage brokerage serving the Canadian market, announced the closing of its initial public offering (IPO) of 875,000 common shares at a price of $4.00 per share. The aggregate gross proceeds of the IPO are $3.5...
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