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Douglas Elliman Announces Settlement Over Commission Fees

Douglas Elliman Announces Settlement Over Commission Fees

by Phil Hall | Apr 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Douglas Elliman Inc. (NYSE: DOUG) has become the latest brokerage to announce a settlement that will resolve class action lawsuits related to real estate agent commission fees. Under the terms of the settlement agreement, Douglas Elliman will pay $7.75 million within...
The Richest Billionaire in Real Estate Is…

The Richest Billionaire in Real Estate Is…

by Phil Hall | Apr 29, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

While many professionals acknowledge that a financially lucrative career can be found in the real estate industry, Lee Shau Kee has taken that notion to a chart-topping high. According to a new study published by Insider Monkey, the 96-year-old Hong Kong executive is...
Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million

Kennedy Wilson and Haseko Buy Two Washington Multifamily Communities for $90 Million

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A real estate fund managed by the real estate investment firm Kennedy Wilson has teamed with Haseko Corporation, a Japanese construction and development company, to acquire a pair of multifamily communities in Vancouver, Washington, for $90 million. The portfolio...
Connecticut Home Built in 1738 Listed for $1.95 Million

Connecticut Home Built in 1738 Listed for $1.95 Million

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A four-bedroom historic saltbox home built in 1738 in Connecticut has been listed at $1.95 million. The Marsh-Whitlock House is a four-bedroom, three-bedroom, 2,686-square-foot residence located on a 33-acre property in the town of Warren. The home is named for...
Rick Miller, Leader of Aon’s US Property Practice, Dies at 62

Rick Miller, Leader of Aon’s US Property Practice, Dies at 62

by Phil Hall | Apr 29, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Rick Miller, the leader of the U.S. property practice at Aon Commercial Risk Solutions, passed away on April 23 at the age of 62 following a brief illness. Miller was born in West Hartford, Connecticut, and graduated from Boston College. He worked with Industrial Risk...
Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group

Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group

by Phil Hall | Apr 29, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

VRComfort Labs Inc., a provider of virtual reality technology, announced it is seeking an exclusive strategic business partnership with a high-end/luxury home real estate sales organization. The company stated its new real estate partner would be provided with...
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