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NAR Warns Members Against Fake Web Domain Email Offers

NAR Warns Members Against Fake Web Domain Email Offers

by Phil Hall | Sep 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has reported that many of its members were receiving deceptive emails that falsely claimed to offer web domains with the .realestate address. NAR said the messaging was not originating from its office, but instead were coming...
Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032

Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032

by Phil Hall | Sep 13, 2024 | Industry Updates, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global 3D printing construction market was valued at $36.71 million in 2023 and is expected to reach $20.56 billion by 2032, growing at a compounded annual growth rate of 102%, according to a new report by SNS Insider Research. The Asia-Pacific region led the 3D...
New Hotel Planned at NYC’s Rockefeller Center

New Hotel Planned at NYC’s Rockefeller Center

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

Kimpton Hotels & Restaurants, a division of IHG Hotels & Resorts (NYSE: IHG), is teaming with Extell Development Company for the creation of a new hotel at New York City’s Rockefeller Center. The 33-story Kimpton Rockefeller Center is set to open in late 2025...
Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care

Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care

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

Medical Properties Trust Inc. (NYSE: MPW) announced a settlement agreement with the bankrupt Steward Health Care System, along with its secured lenders (“the Lenders”) and the Unsecured Creditors Committee, that will cut its relationship with Steward and restore the...
Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan

Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan

by Phil Hall | Sep 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A group of former Trump administration officials are reportedly putting together a new plan to end the 16-year federal conservatorship of the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). The Wall Street Journal,...
Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member

Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member

by Phil Hall | Sep 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Propy, a blockchain real estate platform, announced the appointment of Michael Piwowar, a former commissioner of the Securities and Exchange Commission (SEC), as an advisory board member. In his new role, Piwowar will be tasked with helping the company navigate the...
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