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NYC’s Iconic Friars Club Going to Foreclosure Auction

NYC’s Iconic Friars Club Going to Foreclosure Auction

by Phil Hall | Nov 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York City townhouse that has been the home of the Friars Club, a legendary private club for the entertainment industry elite, is scheduled to go a foreclosure auction on Nov. 26. The New York Post reported the five-story, 14,541-square-foot, English...
Michael Daly Joins Rafferty Holdings to Launch Real Estate Initiative

Michael Daly Joins Rafferty Holdings to Launch Real Estate Initiative

by Phil Hall | Nov 13, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Rafferty Holdings, a New York City-based private investment firm focused on asset management and fintech, announced the appointment of Michael Daly to launch its new investment strategy Rafferty Real Estate. In his new role, Daly will be responsible for designing the...
Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy

Trump Names Real Estate Developer Steve Witkoff as Special Middle East Envoy

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

President-elect Donald Trump announced the appointment of Florida real estate developer Steve Witkoff as his special envoy for the Middle East. Witkoff is the chairman CEO of The Witkoff Group, which he founded in 1997. According to his company’s website, Witkoff led...
Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

Study: Real Estate Commissions Hold Steady in 2 Months Since NAR Settlement

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

A new data study has determined the commission rates that real estate agents charge to buyers and sellers has held steady since the National Association of Realtors (NAR) settlement went into effect in August. According to data from AccountTECH, the average commission...
Expanded Listings Helps Fuel Indiana Home Sales

Expanded Listings Helps Fuel Indiana Home Sales

by Phil Hall | Nov 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Indiana generated a total of 6,670 home sales in October, up 5% year-over-year, while the state’s 6,669 pending sales finished 7% ahead of one year earlier. According to data released by the Indiana Association of Realtors, 8,684 homes were listed in October, up...
Jim Henson Studio Lot Sold to John Mayer and McG

Jim Henson Studio Lot Sold to John Mayer and McG

by Phil Hall | Nov 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Grammy-winning singer John Mayer and filmmaker McG have teamed up to purchase the historic Jim Henson Company studio property in Hollywood. The Hollywood Reporter announced the sale, although the purchase price was not disclosed. Nor is it certain how Mayer and McG...
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