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Leadership Change at Mission Rock Residential
Meredith Wright, who served as president since 2021, will assume the role of CEO. Continue Reading Leadership Change at Mission Rock Residential
Leadership Change at Mission Rock Residential
Meredith Wright, who served as president since 2021, will assume the role of CEO. Continue Reading Leadership Change at Mission Rock Residential
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
An $8 billion Vantage data center planned for Port Washington, Wisconsin, could enjoy more than $450 million in local property tax breaks plus an exemption from state sales taxes. The Center Square reports the proposed facility is estimated to be valued at over $2.1...
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Do you recall the TV sitcom “The Jeffersons” with a family that was “moving on up to a deluxe apartment in the sky”? Well, the Saudi Arabian organizers of the 2034 World Cup are going one better – they’re moving on up to a deluxe soccer stadium in the sky. AS USA...
Messaging Feature Added to Zillow App
Zillow (NASDAQ: Z, ZG) has introduced a messaging feature to its app that enables buyers and their co-shoppers to chat, share listings and stay coordinated. According to the company, each listing conversation is organized in a single thread, reducing the need for...
NEWS & CURRENT EVENTS
Lincoln Property Company Acquires BL Mosher Consulting
The financial aspects of the transaction were not disclosed. Continue Reading Lincoln Property Company Acquires BL Mosher Consulting
Newmark Group Acquires Real Estate Professional Services Firm RealFoundations
“Joining Newmark is a natural next step for our firm,” said Chris Shaida, founder and CEO of RealFoundations. Continue Reading Newmark Group Acquires Real Estate Professional Services Firm RealFoundations
LivAway Suites Opens Third Utah Property
“Utah County is one of the most dynamic growth markets in the country,” said Kevin Dailey, chief operating officer of LivAway Suites. Continue Reading LivAway Suites Opens Third Utah Property
Report: 15% of Home Purchase Agreements Canceled in August
This is up from 14.3% one year earlier and marked the highest August rate in records dating back to 2017. Continue Reading Report: 15% of Home Purchase Agreements Canceled in August
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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.
Newmark Represents United Nations in Office Lease Transaction
The lease encompasses 425,190 square feet across 26 stories. Continue Reading Newmark Represents United Nations in Office Lease Transaction
Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
The lawsuit said these were violations of the Consumer Protection Act. Continue Reading Washington Attorney General Sues 5 Properties for Deceiving Low-Income Senior Tenants
Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
Year-to-date, Ginnie Mae facilitated the pooling and securitization of 268,000 loans for first-time homebuyers. Continue Reading Ginnie Mae MBS Portfolio Reached $2.76 Trillion in May
QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
“Our all-cash proposal to acquire GMS for $95.20 per share delivers immediate and certain value to GMS shareholders at a meaningful premium,” said QXO’s Brad Jacobs, Continue Reading QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.
California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays
Zalupski is the founder and CEO of Dream Finders Homes. Continue Reading Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays
Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations
“Maybe I should go to the Fed,” Trump said in a jokey manner. Continue Reading Federal Reserve Holds Rates Steady, Ignoring Trump’s Exhortations
Mortgage Rates Trickle Lower
The 30-year fixed-rate mortgage averaged 6.81% as of June 18. Continue Reading Mortgage Rates Trickle Lower
Gen Z Accounts for 12% of VA Purchase Loan Market
Gen Z homebuyers using VA loans are most concentrated near large military communities like San Antonio, Virginia Beach, and Colorado Springs. Continue Reading Gen Z Accounts for 12% of VA Purchase Loan Market
PNC Announces $208 Million Affordable Housing Fund
The fund includes investments from PNC and seven other financial services and insurance companies Continue Reading PNC Announces $208 Million Affordable Housing Fund
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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