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Home Construction Collective Launches Real Estate Investing Platform

Home Construction Collective Launches Real Estate Investing Platform

by Phil Hall | Apr 24, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home Construction Collective, a Florida-based real estate investment platform, announced its official launch and live investment opportunities. The company stated that its platform allows “accredited and non-U.S. investors to pool equity capital in new home...
Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores

Bed Bath & Beyond Files for Chapter 11 Bankruptcy, To Shutter 480 Stores

by Phil Hall | Apr 24, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) filed for Chapter 11 bankruptcy on Sunday and will begin the process of closing all of its stores and liquidating inventory during the next two months. In its bankruptcy filing, the Union, New Jersey-headquartered...
Blackstone Taps Ross B. Shuster as CEO of Climate Technologies

Blackstone Taps Ross B. Shuster as CEO of Climate Technologies

by Phil Hall | Apr 24, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) has announced the appointment of Ross B. Shuster as CEO of Climate Technologies, a new standalone business being formed through the company’s majority stake acquisition in Emerson Electric Co. (NYSE: EMR). According to Blackstone, the standalone...
Ottawa’s Colonnade BridgePort Hires Andrew Blair as Managing Partner

Ottawa’s Colonnade BridgePort Hires Andrew Blair as Managing Partner

by Phil Hall | Apr 24, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Colonnade BridgePort, an Ottawa-based real estate investment and management company focused on residential and mixed-use development projects, has named Andrew Blair as managing partner of its investment and fund management business. Blair was previously head of real...
Commercial Real Estate Lending Volumes Up 14.5%

Commercial Real Estate Lending Volumes Up 14.5%

by Phil Hall | Apr 21, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The volume of loans originated against commercial real estate (CRE) during 2022 reached a record peak of $861.96 billion, according to new data from Trepp Inc. This marked a roughly 14.5% spike from the year before, when lending volumes had increased by 16%. Trepp...
Market Snapshot: Canada’s Luxury Real Estate Sector

Market Snapshot: Canada’s Luxury Real Estate Sector

by Phil Hall | Apr 21, 2023 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A shortage of pricey properties resulted in a decline of year-over-year sales activity for Canada’s luxury real estate market during the first quarter of this year. “There has been an immense build-up of demand for housing mobility across Canada’s conventional and...
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