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$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
$30 Million Sale Sets New Record for Georgia’s Housing Market
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Canada Unveils Program for Energy Bill Reductions
The Canadian government has rolled out the Canada Greener Homes Affordability Program (CGHAP), a new initiative designed to help low- to median-income households reduce their energy bills and greenhouse gas emissions through no-cost home retrofits. CGHAP will be...
Las Vegas Realtors Removes Incoming Director for Cheering Charlie Kirk’s Murder
Las Vegas Realtors has removed an incoming member of its board of directors for comments made on his social media page regarding the assassination of conservative commentator Charlie Kirk. Fox5Vegas.com reports Mark Sivek, a Realty One Group broker who was an incoming...
Private Equity Fund CEO Charged with Real Estate Investing Fraud
The founder and CEO of an Orange County, California-based private equity fund has been charged with defrauding hundreds of investors out of approximately $62.5 million via a promissory note scam involving real estate, Broadway shows, and cryptocurrency. According to...
NEWS & CURRENT EVENTS
Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
The English-born Kipling lived at an estate in Vermont from 1892 through 1896. Continue Reading Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
REMAX Taps Magnite to Expand Commerce Media Business
REMAX launched its media network last December to provide advertisers with a platform to connect with consumers. Continue Reading REMAX Taps Magnite to Expand Commerce Media Business
Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Among Mamdani’s campaign pledges are a freeze in the costs of rent-controlled housing and the creation of supermarkets owned and operated by the city government. Continue Reading Sen. Warren Endorses Zohran Mamdani for NYC Mayor
Lincoln Property Company and NYLREI Acquire San Francisco Office Property
The five-story building encompasses nearly 210,000 square feet and is 90% leased. Continue Reading Lincoln Property Company and NYLREI Acquire San Francisco Office Property
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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.
Hits and Misses for the Real Estate Week of Dec. 16-20
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 16-20
D.R. Horton to Launch New Master-Planned Community in Utah
The first homes in Viridian are expected to be available for sale in January. Continue Reading D.R. Horton to Launch New Master-Planned Community in Utah
Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Wisconsin Home Sales Inched Up in November
Also on the rise was the state’s median price – $310,000, up 8.8% from $279,900 in the prior year. Continue Reading Wisconsin Home Sales Inched Up in November
116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
National Multifamily Corp. President Matt Cawley represented the seller and procured the buyer in the transaction. Continue Reading 116-Unit Connecticut Multifamily Complex Sells for $14.1 Million
FCP Acquires 250-Unit Florida Multifamily Community
The financial terms of the acquisition were not disclosed. Continue Reading FCP Acquires 250-Unit Florida Multifamily Community
Trinity Investments Acquires Historic Seattle Hotel
The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. Continue Reading Trinity Investments Acquires Historic Seattle Hotel
Harbor Capital Acquires Houston-Area Industrial Property
The 13 new industrial buildings at the property features spaces ranging from 5,625 to 48,750 square feet. Continue Reading Harbor Capital Acquires Houston-Area Industrial Property
Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
Big Lots currently operates 963 stores nationwide. Continue Reading Big Lots to Start ‘Going Out of Business’ Sales at Remaining Stores
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