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Dave Portnoy Sets Massachusetts Real Estate Record with $42 Million Property Purchase

Dave Portnoy Sets Massachusetts Real Estate Record with $42 Million Property Purchase

by Phil Hall | Oct 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Barstool Sports founder Dave Portnoy made real estate history in Massachusetts by paying $42 million for a waterfront compound in Nantucket. The Wall Street Journal, citing unnamed “people familiar with the deal,” said the off-market sale breaks a state record set in...
Regent Properties Debuts Credit Platform for Commercial Real Estate Sector

Regent Properties Debuts Credit Platform for Commercial Real Estate Sector

by Phil Hall | Oct 2, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Regent Properties, a Dallas-based vertically integrated real estate investment management and development firm, has launched a credit platform for the commercial real estate sector. The new $500 million platform will target high-quality sponsors, borrowers, and assets...
California’s FresYes Realty Joins The Real Brokerage

California’s FresYes Realty Joins The Real Brokerage

by Phil Hall | Oct 2, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) announced that Fresno, California-based FresYes Realty, led by Jason Farris, has joined the company. Founded in 2014, FresYes received Better Homes and Gardens Real Estate’s Beta Broker of the Year award for marketing and culture...
Rithm Capital Acquires Computershare Mortgage Services

Rithm Capital Acquires Computershare Mortgage Services

by Phil Hall | Oct 2, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

New York City-based Rithm Capital Corp. (NYSE: RITM), an asset manager focused on the real estate and financial services industries, has entered into a definitive agreement with Australia’s Computershare Ltd. (ASX: CPU) to acquire Computershare Mortgage Services Inc....
Madison Group Unveils New Development in Whitby, Ontario

Madison Group Unveils New Development in Whitby, Ontario

by Phil Hall | Oct 2, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Toronto-based real estate developer Madison Group announced the launch of its latest project, Brooklin Towns, located in the Brooklin section of Whitby, Ontario. According to the company, Brooklin Towns will consist of 159 residences spread across two phases....
Hits and Misses for the Real Estate Week of Sept. 25-29

Hits and Misses for the Real Estate Week of Sept. 25-29

by Phil Hall | Sep 29, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A cost-saving residential project in the wrong neighborhood, a retailer’s exit from high-crime cities and an old train caboose marketed as a home. From the wild and wooly world of real estate, here are the hits and misses for the week of Sept. 25-29. Hit and Miss:...
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