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Sotheby’s International Realty Opens First South Dakota Affiliated Office

Sotheby’s International Realty Opens First South Dakota Affiliated Office

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has opened its first affiliated office in South Dakota with Grand Sotheby’s International Realty in Sioux Falls. The new office is owned and operated by the siblings Dana Fisher and Danielle Konechne, who started their own...
Gindi Equities Acquires Second Multifamily Community in Fargo

Gindi Equities Acquires Second Multifamily Community in Fargo

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Gindi Equities, a New York City-based investment manager focused on multifamily assets, announced the acquisition of Timber Creek Apartment Homes, a multifamily community in Fargo, North Dakota. The 252-unit property was acquired from Property Resources Group, which...
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs

EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

EasyKnock has announced it is shutting down operations amid lawsuits over its residential sale-leaseback programs. “After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company in an announcement on its website. “We are...
Former Ginnie Mae Chief Takes Role at Freddie Mac

Former Ginnie Mae Chief Takes Role at Freddie Mac

by Phil Hall | Dec 9, 2024 | Industry Updates, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
Trump Says He Has No Plans to Remove Powell as Fed Chairman

Trump Says He Has No Plans to Remove Powell as Fed Chairman

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
Hits and Misses for the Real Estate Week of Dec. 2-5

Hits and Misses for the Real Estate Week of Dec. 2-5

by Phil Hall | Dec 6, 2024 | Hits and Misses, International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 2-5. Hit: A New Home for...
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