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Zillow Debuts ChatGPT Plugin

Zillow Debuts ChatGPT Plugin

by Phil Hall | May 3, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) has reinforced its place on the artificial intelligence bandwagon with its new Zillow ChatGPT plugin. According to the Seattle-headquartered company, the plugin enables use of conversational language for inquiring about specific property...
Dubai’s Rasmala Investment Bank Enters UK Multifamily Market

Dubai’s Rasmala Investment Bank Enters UK Multifamily Market

by Phil Hall | May 3, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Rasmala Investment Bank Ltd., a Dubai-based alternative investment manager, has launched five-year strategy to create a portfolio of multifamily residential properties in the U.K. that will exceed $2 billion in investment value. According to the company, the strategy...
Canadian Tire Corp. Acquires 10 Bed Bath & Beyond Leases

Canadian Tire Corp. Acquires 10 Bed Bath & Beyond Leases

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

Canadian Tire Corp. Ltd. (TSX: CTC, CTC.A) announced the expansion of its retail store presence through a $1.6 million acquisition of 10 real estate leases formerly held by Bed, Bath & Beyond (NASDAQ:BBBY). The 10 leases combined represent more than 242,000 square...
Survey Details Canadian Homeowner Agitation Over Rising Mortgage Rates

Survey Details Canadian Homeowner Agitation Over Rising Mortgage Rates

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

Canadian homeowners are pessimistic over the prospect of maintaining their mortgage payments in the wake of rising rates. According to a new study from the nonprofit Angus Reid Institute that polled 1,600 Canadian adults, nearly one-third (30%) of respondents said...
Person of the Week: Robert Cote, Founder and CEO of Cote Capital

Person of the Week: Robert Cote, Founder and CEO of Cote Capital

by Phil Hall | May 2, 2023 | News/Current Events, Person of the Week, Real Estate News, WRE News Exclusive

Berkshire Hathaway Vice Chairman Charlie Munger isn’t the only one raising warnings about investing in commercial real estate. Robert Cote, a prominent intellectual property lawyer and the founder and CEO of Cote Capital, shares Munger’s concern but is going one step...
Annual Home Price Growth at Lowest Rate in Over a Decade

Annual Home Price Growth at Lowest Rate in Over a Decade

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

U.S. home price growth increased by 3.1% in March, according to new data from CoreLogic. While this represented the 134th consecutive month of year-over-year price acceleration it also represented the lowest rate of appreciation since the spring of 2012. Home prices...
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