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The Agency Opens Fifth Texas Office in San Antonio

The Agency Opens Fifth Texas Office in San Antonio

by Phil Hall | Jan 14, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The real estate brokerage The Agency has launched its new office in San Antonio. The new office the brokerage’s fifth in Texas, which includes locations in Austin, Dallas, Frisco and Tyler. The Agency San Antonio will be led by Managing Partner Miguel Herrera,...
Class Valuation Names Jonathan Willen as Chief Revenue Officer

Class Valuation Names Jonathan Willen as Chief Revenue Officer

by Phil Hall | Jan 14, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Class Valuation, a Troy, Michigan-based provider of real estate valuation services and technology, has appointed Jonathan Willen as its new chief revenue officer (CRO). Willen most recently served as the CRO at LERETA, where he led the sales, marketing, and account...
HUD Announces Settlement with PHH Mortgage Corporation Over Improper Fees

HUD Announces Settlement with PHH Mortgage Corporation Over Improper Fees

by Phil Hall | Jan 14, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Housing and Urban Development (HUD) announced a settlement with PHH Mortgage Corporation to resolve allegations that the company violated Federal Housing Administration (FHA) requirements by charging fees to borrowers when the borrower made a...
Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants

Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants

by Phil Hall | Jan 14, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Trade Commission (FTC) reportedly preparing to sue Greystar Real Estate Partners, the country’s largest apartment landlord, claiming the firm charged tenants hidden fees. Greystar manages more than 108,000 units. The Wall Street Journal, sourcing its...
Cushman & Wakefield Pushes Back at DOJ Charges of Rent Hike Conspiracy

Cushman & Wakefield Pushes Back at DOJ Charges of Rent Hike Conspiracy

by Phil Hall | Jan 14, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) is pushing back on charges by the US Department of Justice (DOJ) that it has engaged with other companies in conspiring to jack up rents through the use of the RealPage software, arguing it is not a landlord and is not in the...
Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue

Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue

by Phil Hall | Jan 14, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Philadelphia 76ers have abruptly cancelled plans for a new $1.3 billion Center City arena project and instead announced plans to play in a new stadium complex in South Philadelphia. NBC Philadelphia reports Philadelphia Mayor Cherelle Parker led a press conference...
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