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Russian Realtor Advised Women to Marry Ukraine-Bound Soldiers to Gain Widows’ Compensation

Russian Realtor Advised Women to Marry Ukraine-Bound Soldiers to Gain Widows’ Compensation

by Phil Hall | Apr 4, 2025 | International Real Estate News, News/Current Events, Real Estate Agent Tools, WRE News Exclusive

A Russian realtor was sentenced to 80 hours of community service for advising female clients to marry soldiers being deployed to the Ukraine war – with the argument that the men would be killed in combat and the new widows could receive a generous compensation from...
Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities

Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities

by Phil Hall | Apr 4, 2025 | News/Current Events, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

A joint venture between an affiliate of Starwood Capital Group and an affiliate of Land Strategies Management (dba Starwood Land) has completed an $800 million acquisition of a portfolio of master-planned communities in Texas from Hines, the real estate investment...
Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million

Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million

by Phil Hall | Apr 4, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Kingsbarn Realty Capital has paid $105 million to acquire the Class A office building 1601 Vine Street in the Hollywood submarket of Los Angeles. The 115,000-square-foot property – which has five levels of underground parking – was developed by JH Synder Company in...
Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme

Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme

by Phil Hall | Apr 4, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Canadian man who was found guilty and is awaiting sentencing for scamming buyers of RV sites in British Columbia is facing new charges by Calgary police for coordinating a similar scheme in Alberta. The Calgary Herald reports that Craig Douglas McMorran was found...
Q1 Sales Up 29% in Manhattan Luxury Apartment Market

Q1 Sales Up 29% in Manhattan Luxury Apartment Market

by Phil Hall | Apr 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Buyers in the Manhattan luxury apartment market opened their deep wallets during the first quarter, with sales surging 29% to 2,560 closed transactions, up from 1,988 one year earlier. CNBC, citing multiple data sources, reports the total value of Manhattan’s luxury...
Forecast: Increased Investment in Canadian Residential Construction Through 2034

Forecast: Increased Investment in Canadian Residential Construction Through 2034

by Phil Hall | Apr 4, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Investment in Canada’s residential sector will move past a mostly stagnant 2025 into a steady series of increases from 2026 to 2034, according to the 2025–2034 Construction and Maintenance Looking Forward forecast published by BuildForce Canada. The forecast predicts...
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