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California Sues City for Ban on New Special Housing

California Sues City for Ban on New Special Housing

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

California’s state government has filed a lawsuit against the City of Norwalk, claiming it enacted an unlawful ban on new housing that prevents the creation of emergency shelters, single-room occupancy housing, transitional housing, and supportive housing. The...
Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel

Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Billionaire entrepreneur Mark Cuban made himself the center of attention in recent weeks by bashing former President Donald Trump’s election campaign, but an investigative report by the New York Post discovered the “Shark Tank” star has quietly owned a condo in a...
Fathom Holdings Acquires Arizona Brokerage

Fathom Holdings Acquires Arizona Brokerage

by Phil Hall | Nov 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The real estate services platform Fathom Holdings Inc. (NASDAQ: FTHM) announced its acquisition of My Home Group, an Arizona-based brokerage ranked 27th in the nation by transaction volume. My Home Group brings over 2,200 agents and completes approximately 12,000...
Chinese Logistics Operators Account for 20% of New US Warehouse Leasing

Chinese Logistics Operators Account for 20% of New US Warehouse Leasing

by Phil Hall | Nov 5, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Chinese third-party logistics providers and e-commerce companies were responsible for 20% of net new warehouse leasing in the US during the third quarter. According to Wall Street Journal coverage culled from Prologis data, many of these companies are leasing space in...
Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95

Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95

by Phil Hall | Nov 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Home Depot (NYSE: HD) announced the passing of Bernard Marcus, the company’s co-founder and first CEO and chairman, at the age of 95. Born in Newark, New Jersey on May 12, 1929, Marcus was the youngest of four children born to Russian-Jewish immigrant parents. He...
Report: Renter Households Growing at Record Pace

Report: Renter Households Growing at Record Pace

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of renter households in the third quarter totaled a record 45.6 million, a 2.7% year-over-year increase, according to new data report from Redfin (NASDAQ: RDFN). This growth rate is three times faster than the 0.9% increase in homeowner households, which...
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