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AvantStay Announces Its First Full-Service Hotel to Open in Nashville

AvantStay Announces Its First Full-Service Hotel to Open in Nashville

by Phil Hall | Jan 28, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

AvantStay, the hospitality management company and tech platform with over 2,300 short-term vacation rental properties across 65 markets, is expanding into the hotel industry with the forthcoming opening of The Gilmore, an AvantStay Hotel, in Nashville. The new hotel...
Case-Shiller: Home Price Index Up 3.8%

Case-Shiller: Home Price Index Up 3.8%

by Phil Hall | Jan 28, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.8% annual return for November, up from a 3.6% annual gain in October. The 10-City Composite saw an annual increase of 4.9%, the same level as in the previous month, while the 20-City...
Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities

Terravet Real Estate Solutions Acquires Three Atlanta-Area Veterinary Facilities

by Phil Hall | Jan 28, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Terravet Real Estate Solutions, a real estate group specializing in veterinary properties, has expanded into the Atlanta metro area with a $5.37 million acquisition of three veterinary and pet care facilities in Peachtree City and Fairburn, Georgia. The acquisition...
Trump Budget Office Issues Temporary Pause on Federal Loan and Grant Programs

Trump Budget Office Issues Temporary Pause on Federal Loan and Grant Programs

by Phil Hall | Jan 28, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

President Donald Trump’s Office of Management and Budget (OMB) has ordered all federal agencies to temporarily block the disbursement of most grants and loans. According to a Roll Call report, the block does not involve Social Security, Medicare and other...
Beacon Roofing Supply Enacts Stockholder Rights Agreement to Block QXO Takeover Bid

Beacon Roofing Supply Enacts Stockholder Rights Agreement to Block QXO Takeover Bid

by Phil Hall | Jan 28, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Beacon Roofing Supply Inc. (NASDAQ: BECN) has adopted a limited duration stockholder rights agreement designed to protect stockholder interests against the unsolicited takeover bid from QXO Inc. (NYSE: QXO). “The Rights Agreement is intended to protect Beacon and its...
Former Real Estate Investment Executive Indicted on Multiple Fraud Charges

Former Real Estate Investment Executive Indicted on Multiple Fraud Charges

by Phil Hall | Jan 28, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A former executive with a now-defunct New Jersey-based real estate investment firm was indicted for his role in an investment fraud scheme and for misappropriating approximately $2.3 million from investors. Ivel Turner, who was vice president of project management for...
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