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Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty

Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty

by Phil Hall | Apr 22, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has recruited Mary Lee Blaylock to become president of brokerage. In her new job, Blaylock will be responsible for leading company-owned brokerage operations, overseeing 48 brokerage offices that support more than 2,300 affiliated...
FHFA Director Pulte Offers Mixed Messaging on the Regulator’s Operations

FHFA Director Pulte Offers Mixed Messaging on the Regulator’s Operations

by Phil Hall | Apr 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte posted a series of comments on X today that offered somewhat unusual messaging on how the regulatory agency is operating. Pulte first declared, “After 4 years of the housing industry being asleep, Fannie Mae...
JPMorgan Chase Expands Size of San Francisco Regional HQ

JPMorgan Chase Expands Size of San Francisco Regional HQ

by Phil Hall | Apr 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

JPMorgan Chase (NYSE: JPM) has expanded the size of its San Francisco regional headquarters office. The San Francisco Standard reports the bank will lease an additional 65,000 square feet at 560 Mission Street, the 31-story tower also known as the JPMorgan Chase...
The NRP Group Breaks Ground on Mixed-Income Housing Community Outside of Dallas

The NRP Group Breaks Ground on Mixed-Income Housing Community Outside of Dallas

by Phil Hall | Apr 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The NRP Group, a developer, builder, and manager of multifamily housing, announced the financial close and groundbreaking of a 340-unit, mixed-income housing community in Anna, Texas, located about 45 miles from Dallas. The new community will encompass diverse income...
44.4% of Q1 Home Sales Included Seller Concessions

44.4% of Q1 Home Sales Included Seller Concessions

by Phil Hall | Apr 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
Faropoint Acquires Second California Industrial Property

Faropoint Acquires Second California Industrial Property

by Phil Hall | Apr 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Hoboken, New Jersey-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced the acquisition of a four-building, multi-tenant industrial portfolio in Ontario, California. Built in 2006 by Panattoni Development, the...
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