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Poll Finds Voters Unhappy with Chicago Bears Stadium Plan

Poll Finds Voters Unhappy with Chicago Bears Stadium Plan

by Phil Hall | Jun 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The efforts by the Chicago Bears to build a new stadium with the help of public funding has received a thumbs down in a new poll of Illinois voters, but the team is reportedly shifting gears to pursue a stadium in a Chicago suburb. A new survey commissioned by Crain’s...
Mortgage Application Activity Inches Up

Mortgage Application Activity Inches Up

by Phil Hall | Jun 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity enjoyed a slight uptick for the week ending June 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by 0.8% on a seasonally...
Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion

Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion

by Phil Hall | Jun 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City-based private-equity firm KKR (NYSE: KKR) has acquired a portfolio of 18 multifamily properties across multiple states for $2.1 billion. The Wall Street Journal reported the acquisition encompasses more than 5,200 apartment units in newly built mid-...
Florida Realtors Award $242K in Scholarships

Florida Realtors Award $242K in Scholarships

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Florida Realtors Education Foundation Inc. is awarding $242,500 in scholarships to help pay for higher education expenses for 179 young people in the 2024-2025 school year. The foundation, a not-for-profit corporation founded by the state realtor association, said...
MRI Software Acquires Insurent, a Guarantor Insurance Services Provider

MRI Software Acquires Insurent, a Guarantor Insurance Services Provider

by Phil Hall | Jun 25, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

MRI Software, a Solon, Ohio-headquartered provider of real estate software solutions, has acquired New York City-based Insurent, a lease guarantor provider for renters, landlords, property owners and real estate brokers. The financial terms of the acquisition were not...
Hyatt Adds Two Hotels to New Orleans Portfolio

Hyatt Adds Two Hotels to New Orleans Portfolio

by Phil Hall | Jun 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H) is expanding its brand presence in New Orleans with the addition of two properties to its portfolio of affiliated hotels – the Maison Métier (formerly Maison de la Luz) and The Barnett (formerly Ace Hotel New Orleans). The properties...
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