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Report: Trump to Profit from Proposed NYC Casino
The Gaming Commission estimated the new casinos could generate $7 billion in gambling revenues for the state from 2027 to 2036. Continue Reading Report: Trump to Profit from Proposed NYC Casino
Report: Trump to Profit from Proposed NYC Casino
The Gaming Commission estimated the new casinos could generate $7 billion in gambling revenues for the state from 2027 to 2036. Continue Reading Report: Trump to Profit from Proposed NYC Casino
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, is renewing its’ attempts to acquire Houston-based Whitestone REIT (NYSE: WSR) by offering to purchase all the outstanding Whitestone shares for $15.20 per...
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
A Los Angeles mansion that was briefly the most US expensive home listed for sale is scheduled to be sold in a foreclosure auction. The Wall Street Journal reports the 8.5-acre Casa Encantada, which made headlines in 2023 with an audacious $250 million listing price,...
CMBS Delinquency Rate Surges to 7.46%
The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 23 basis points in October to 7.46%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 5.98%, a difference of 148 basis points. Last month, the overall...
NEWS & CURRENT EVENTS
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The participating religious organizations have a combined total of more than 88 acres of unused property. Continue Reading 12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
Sales to Begin Next Month at Miami’s New Colette Residences
Pricing for the units begins at $3.3 million. Continue Reading Sales to Begin Next Month at Miami’s New Colette Residences
CoStar’s Matterport 3D Home Tours Removed from Zillow’s Platforms
Zillow (NASDAQ: Z, ZG) has announced that CoStar Group (NASDAQ: CSGP) declined to renew its API agreement that enables the use of its Matterport 3D home tour on the Zillow and StreetEasy platforms. Matterport was founded in 2011 and provides a 3D digital twin...
Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
More than one-third (35%) of millennials citing rising housing costs as the biggest obstacle to their retirement readiness. Continue Reading Survey: Most Millennials Feel Financially Squeezed Between Homeownership and Retirement Readiness
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
GSE reform, credit scoring policy and conflicts of interest are discussed. Continue Reading A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Last year, roughly 39% of borrowers cited debt consolidation as the reason for applying for a home equity loan, compared to 25% during 2023. Continue Reading Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
The property will also feature approximately 7,500 square feet of retail space on the ground floor. Continue Reading Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
Landingplace Hotels Debuts 2 Conversion-Focused Brands
The company is focusing its development on urban and suburban markets with strong business, medical and university demand. Continue Reading Landingplace Hotels Debuts 2 Conversion-Focused Brands
Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units
Roughly 86% of the global sales of South Florida new construction properties were made by Latin Americans. Continue Reading Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units
Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs
The senators also expressed displeasure over Pulte’s conflict of interest in this directive. Continue Reading Sen. Warren Leads Lawmakers in Questioning Pulte’s Cryptocurrency Directive to GSEs
Grant Cardone Seeks CFO for New Endeavor
“Looking for a CFO with REIT experience running a public company to take Cardone Capital public,” Cardone wrote on his X page. Continue Reading Grant Cardone Seeks CFO for New Endeavor
Canada Invests $81.5 Million into New 159-Unit Development in Toronto
The nine-story development at 3101 Bathurst Street Vivant at Bedford Park will be developed by Medallion Corporation. Continue Reading Canada Invests $81.5 Million into New 159-Unit Development in Toronto
Thompson Thrift Endows $1.4 Million Gift to Indiana State University
Thompson Thrift noted that 15% of its team are counted among ISU alumni, including co-founders and CEOs Paul Thrift and John Thompson. Continue Reading Thompson Thrift Endows $1.4 Million Gift to Indiana State University
Florida Realtors Names Trey Goldman as SVP of Public Policy
Goldman was previously the Florida Realtors’ legislative counsel based in the Tallahassee public policy office. Continue Reading Florida Realtors Names Trey Goldman as SVP of Public Policy
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