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Matterhorn Venture Partners Names Gary Nussbaum as a Principal

Matterhorn Venture Partners Names Gary Nussbaum as a Principal

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Matterhorn Venture Partners (MVP), a Chicago-based real estate investment firm, has hired Gary Nussbaum as a principal. In his new role, Nussbaum will source and implement new acquisition opportunities throughout primary US real estate markets, with a focus on...
eXp Realty in $34 Million Settlement Over Commissions

eXp Realty in $34 Million Settlement Over Commissions

by Phil Hall | Oct 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced a $34 million settlement in the Hooper vs. the National Association of Realtors case. The settlement is the latest among the major brokerages who were sued over their business practices...
Hurricane Milton Reaches Category 5 Level Ahead of Florida Landfall

Hurricane Milton Reaches Category 5 Level Ahead of Florida Landfall

by Phil Hall | Oct 7, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Hurricane Milton intensified in the Gulf of Mexico today, transitioning into a Category 5 storm ahead of its scheduled landfall in Florida on Wednesday. According to combined media reports, the storm was a Category 1 hurricane on Sunday evening before rapidly...
New Fund Seeks to Capture CMBS Opportunities

New Fund Seeks to Capture CMBS Opportunities

by Phil Hall | Oct 7, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate Investing, WRE News Exclusive

Deer Park Road Management Company LP, an alternative asset management firm, announced the launch of Deer Park Commercial Mortgage Opportunity Fund I as a closed-end fund focused on realizing long-term growth of capital from opportunities within distressed commercial...
Rocket Companies Names New EVP of Product Engineering

Rocket Companies Names New EVP of Product Engineering

by Phil Hall | Oct 7, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Rocket Companies (NYSE: RKT), the Detroit-based parent company of Rocket Mortgage, has hired Papanii Okai as executive vice president of product engineering. In this newly created role, Okai will work with the company’s senior technology leaders to create AI-driven...
Jim Henson Company Denies Reports of Studio Lot Sale to Scientologists

Jim Henson Company Denies Reports of Studio Lot Sale to Scientologists

by Phil Hall | Oct 7, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Jim Henson Company has denied rumors that it is selling its historic Hollywood studio lot to the Church of Scientology. Deadline reported the company – which owns the rights to the Muppets characters – has pushed back at reports that circulated in several media...
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