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Madison Group to Build Master-Planned Community in Midtown Toronto

Madison Group to Build Master-Planned Community in Midtown Toronto

by Phil Hall | Apr 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Madison Group, the Toronto-headquartered real estate development company, announced its latest project will be a master-planned community in Toronto’s Midtown. The new project will encompass two individual properties, with two towers at 90-110 Eglinton Ave. East and...
Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency

Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency

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

Jackson, Mississippi-headquartered Trustmark National Bank announced the sale of its subsidiary Fisher Brown Bottrell Insurance Inc. (FBBInsurance) to Marsh & McLennan Agency LLC for $345 million in cash. In connection with the sale, current leadership and...
Matt Parisi Joins Industry Real Estate Partners as Vice President

Matt Parisi Joins Industry Real Estate Partners as Vice President

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

Industry Real Estate Partners, an Atlanta-headquartered commercial real estate services firm, has hired Matt Parisi as vice president. In his new job Parisi will focus on helping investors, developers, and corporations buy, sell, and lease office properties across the...
Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores

Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores

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

Roughly five months after the upscale grocery chains Foxtrot Market and Dom’s Kitchen & Market merged in an all-stock deal to become Outfox Hospitality, the combined entity announced the immediate closure of all 35 of its stores. The impacted location includes 33...
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today

Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today

by Phil Hall | Apr 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly two out of five homeowners (38%) said they could not afford to buy their own home if they were purchasing it today, according to a new report from Redfin (NASDAQ: RDFN). In a February survey of nearly 3,000 U.S. residents, 59% of homeowners who answered...
Four Seasons to Open First Branded Residences in Florida

Four Seasons to Open First Branded Residences in Florida

by Phil Hall | Apr 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The first standalone Four Seasons branded residences in Florida will be opening in Miami’s Coconut Grove. Four Seasons partnered with the real estate development firms CMC Group and Fort Partners on the Four Seasons Private Residences Coconut Grove. The new 20-story...
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