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CAPREIT Acquires 2 Apartment Communities in Maryland

CAPREIT Acquires 2 Apartment Communities in Maryland

by Phil Hall | Apr 23, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

CAPREIT has acquired two apartment communities in Waldorf, Maryland, featuring a combined 360 homes. The workforce-housing communities, the 152-unit Palmer Apartments and 208-unit Smallwood Gardens, are adjacent to one another. The financial aspects of the purchase...
New Home Sales Up 7.4%

New Home Sales Up 7.4%

by Phil Hall | Apr 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in March were at a seasonally adjusted annual rate of 724,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 7.4% above the February rate of 674,000 and is 6%...
CRMLS Rejects NAR’s Delayed Marketing Policy

CRMLS Rejects NAR’s Delayed Marketing Policy

by Phil Hall | Apr 23, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Regional MLS (CRMLS) is rejecting the National Association of Realtors’ (NAR) newly enacted Multiple Listing Options for Sellers policy. NAR’s policy created a category of exempt listings called “delayed marketing exempt listings” that will allow a seller...
Mortgage Application Activity Stumbles by 12.7%

Mortgage Application Activity Stumbles by 12.7%

by Phil Hall | Apr 23, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity dropped during the week ending April 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 12.7% on a seasonally adjusted basis from...
The Agency Opens Ninth Office in Mexico

The Agency Opens Ninth Office in Mexico

by Phil Hall | Apr 23, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate brokerage The Agency has opened its ninth Mexican office in Valle de Bravo. The Agency Valle de Bravo will be led by Managing Partner Ricardo Umansky and Managing Director Alex Cuttler, who both also lead The Agency Mexico City. According to Umansky,...
Milbank LLP Adds New Partner in Real Estate Group

Milbank LLP Adds New Partner in Real Estate Group

by Phil Hall | Apr 23, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The law firm Milbank LLP announced the recruitment of Alex Meirowitz as a partner in its Real Estate Group. Based in the firm’s New York City office, Meirowitz represents clients in commercial real estate transactions, focusing on both debt and equity representations....
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