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Hamid R. Moghadam to Step Down as CEO at Prologis

Hamid R. Moghadam to Step Down as CEO at Prologis

by Phil Hall | Feb 19, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The San Francisco-based real estate investment trust Prologis (NYSE: PLD) announced the retirement of CEO Hamid R. Moghadam, effective Jan. 1, 2026. Dan Letter, currently the company’s president, will succeed Moghadam as chief executive; Letter will also join the...
Executive Changes Announced at Newmark Group

Executive Changes Announced at Newmark Group

by Phil Hall | Feb 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Newmark Group Inc. (NASDAQ: NMRK) announced CEO Barry M. Gosin will take on the additional role of chairman of its operating company, Newmark & Company Real Estate Inc., while Executive Vice President and Chief Legal Officer Stephen Merkel has been named chairman...
Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million

Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million

by Phil Hall | Feb 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The longtime Swiss residence of the iconic film actress Audrey Hepburn has been listed for sale at nearly $21 million. Galerie Magazine reports the 40.33-acre property in Tolochenaz, a village near Lake Geneva and the city of Lausanne, is known as “Le Paisable,” which...
Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb

Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb

by Phil Hall | Feb 18, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multifamily developer Thompson Thrift has announced plans to develop Stack at Wheat Ridge, a 255-unit Class A multifamily community in the Denver suburb of Wheat Ridge, Colorado. The community will encompass a roughly 7-acre site and feature 255 apartments in...
New Listings in Canada Up 11%

New Listings in Canada Up 11%

by Phil Hall | Feb 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The number of newly listed homes on the Canadian MLS Systems in January jumped by 11% from December to January, according to data from the Canadian Real Estate Association (CREA). However, the increased quantity of available properties did not result in a sales boost...
Nada Debuts US Home Equity Fund I

Nada Debuts US Home Equity Fund I

by Phil Hall | Feb 18, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The fintech and investment platform Nada has rolled out its US Home Equity Fund I (US HEF), a fund designed to provide qualified investors with direct exposure to the $35 trillion US home equity market through a diversified portfolio of Home Equity Agreements (HEAs)....
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