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Fire-Damaged Historic Hotel Fire Prevented from Rebuilding Due to 1891 Property Line

Fire-Damaged Historic Hotel Fire Prevented from Rebuilding Due to 1891 Property Line

by Phil Hall | Aug 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The owners of a historic Michigan hotel undergoing reconstruction following a 2022 fire are going to court because a dispute over an 1891 property line is preventing the hotel from reopening. According the WCRZ.com, the Holly Hotel was among the businesses in Holly,...
Epique Realty Expands into New Mexico and Utah

Epique Realty Expands into New Mexico and Utah

by Phil Hall | Aug 20, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Austin-headquartered Epique Realty has announced its expansion into the New Mexico and Utah markets. The company has hired William Lambert as the state broker for both markets. Lambert, who was previously a principal broker with Seventh Level Realty, will manage both...
Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons

Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons

by Phil Hall | Aug 20, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Fans of reality television series focused on the real estate world will have one less show to follow. Netflix has decided not to bring back “Buying Beverly Hills” for a third season. The unscripted series focused on celebrity broker Mauricio Umansky, his staff at The...
Arizona BTR Developer Cavan Companies Expands into Omaha Market

Arizona BTR Developer Cavan Companies Expands into Omaha Market

by Phil Hall | Aug 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cavan Companies, an Arizona-based build-to-rent (BTR) developer, has expanded into the Omaha, Nebraska, market with the development of The Bungalows on Honeysuckle and The Bungalows at Whitehawk Lake. According to the company, the new developments are upscale detached...
ElmTree Funds Debuts Early Investor Incentive Program

ElmTree Funds Debuts Early Investor Incentive Program

by Phil Hall | Aug 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

ElmTree Funds, the St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, has unveiled an early investor incentive program designed to benefit early investors in the firm’s recently launched ElmTree Industrial Trust, a...
UK’s Rate Cut Sparks Homebuyer Inquiries, Sweden Cuts Rates for Second Time

UK’s Rate Cut Sparks Homebuyer Inquiries, Sweden Cuts Rates for Second Time

by Phil Hall | Aug 20, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While Jerome Powell’s Federal Reserve continues to debate whether to cut rates, two central banks in Europe are already witnessing economic progress from their respective rate cuts. The Bank of England’s first rate cut in four years sparked a renewed interest in...
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