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Housing Starts in a Sharp Upswing

Housing Starts in a Sharp Upswing

by Phil Hall | Sep 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in August were at a rate of 992,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 15.8% above the revised July figure of 857,000. Privately-owned housing starts in August...
Office-to-Residential Conversion Adds 68 Apartments in LA Property

Office-to-Residential Conversion Adds 68 Apartments in LA Property

by Phil Hall | Sep 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Creative Media & Community Trust Corporation (NASDAQ: CMCT), a real estate investment trust, announced the conversion of the top two floors of a three-story, approximately 143,000-square-foot Los Angeles office building into 68 luxury apartment residences. Located...
Janover Debuts Platform for Connecting Real Estate Syndicators and Investors

Janover Debuts Platform for Connecting Real Estate Syndicators and Investors

by Phil Hall | Sep 18, 2024 | Commercial Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Janover Inc. (NASDAQ:  JNVR), an artificial intelligence (AI)-enabled platform for commercial real estate transactions, has rolled out Groundbreaker’s Janover Engage, a marketplace designed to connect real estate syndicators with investors. Groundbreaker is a wholly...
California Home Sales at 7-Month Low

California Home Sales at 7-Month Low

by Phil Hall | Sep 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California home sales hit a seven-month low in August, according to new data from the California Association of Realtors (CAR). Last month, the state recorded a seasonally adjusted annualized rate of 262,050 in closed escrow sales of existing, single-family detached...
Woman Arrested for Deed Fraud on North Carolina Mansion

Woman Arrested for Deed Fraud on North Carolina Mansion

by Phil Hall | Sep 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A North Carolina woman who became the center of national attention for filing a fraudulent deed on a Raleigh mansion has been arrested. WRAL reported Dawn Mangum’s name was listed on a deed recently filed with the Wake County Register of Deeds for a property...
Tiffany Wright Named CEO at Global Real Estate Advisors

Tiffany Wright Named CEO at Global Real Estate Advisors

by Phil Hall | Sep 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Global Real Estate Advisors (GREA), a real estate advisory firm specializing in multifamily acquisitions and dispositions, announced the appointment of Tiffany Wright as its new CEO. Wright is chief operations officer at HFO Investment Real Estate, a Pacific...
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