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Treasury Department Rolls Out New Initiative to Increase Housing Affordability

Treasury Department Rolls Out New Initiative to Increase Housing Affordability

by Phil Hall | Jun 24, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of the Treasury has announced a new effort to boost housing affordability. According to a press statement from the Treasury, the new initiative will include the launch of a program administered by the CDFI Fund to provide an additional $100 million...
Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77

Joe Jaeger, New Orleans Hotelier and Developer, Dies at 77

by Phil Hall | Jun 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Joe Jaeger, a prominent developer and hotelier in New Orleans, passed away at the age of 77 on June 23 from injuries sustained from a car crash last week. According to combined media reports, Jaeger would often describe himself as “just a plumber from the Ninth...
Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans

Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans

by Phil Hall | Jun 24, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Home Depot (NYSE:HD) announced that its philanthropic Home Depot Foundation has granted $9 million to provide housing for over 3,400 veterans dealing with homelessness. According to the U.S. Department of Housing and Urban Development, an average of 35,000 veterans...
CBRE to Combine Project Management Business with Turner & Townsend Subsidiary

CBRE to Combine Project Management Business with Turner & Townsend Subsidiary

by Phil Hall | Jun 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate brokerage and investment firm CBRE Group, Inc. (NYSE:CBRE) announced plans to combine its Project Management business with Turner & Townsend, its majority-owned subsidiary that provides program management, cost consultancy and project...
Hits and Misses for the Real Estate Week of June 17-21

Hits and Misses for the Real Estate Week of June 17-21

by Phil Hall | Jun 21, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Disappointing housing and personal finance data reports, an unlikely business enjoying property tax breaks and a land transfer that rights a historic wrong. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 17-21. Miss:...
New Listings and Median Home Prices Up in Florida, But Sales Are Down

New Listings and Median Home Prices Up in Florida, But Sales Are Down

by Phil Hall | Jun 21, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 26,252 closed sales of existing single-family homes statewide in May, down by a slight 0.5% year-over-year, while existing condo-townhouse sales totaled 10,415, a more substantial year-over-year decline of 8.6%, according to data from Florida...
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