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Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Chicago Bears Announce Move to New Suburban Stadium
The Chicago Bears have confirmed plans to move out of their longtime home at Soldier Field for a new stadium outside of their city. In an open letter, Bears President and CEO Kevin Warren stated the team will be leaving its namesake city for Arlington Heights, a...
NYC Real Estate Executives Hold Strategy Meeting to Prevent Mamdani Becoming Mayor
A circle of New York City real estate executives is meeting this morning to discuss supporting Andrew Cuomo as the candidate to defeat Zohran Mamdani in the city’s upcoming mayoral election. The New York Times reports Jeff Blau, the developer of Hudson Yards, and his...
Housing Market Hit Record $55.1 Trillion
Today’s housing market is worth a record $55.1 trillion, according to new data from Zillow (NASDAQ: Z, ZG). This marked an $862 billion surge in the past year and $20 trillion increase since 2020. Seven states saw their housing markets lose value over the past year,...
NEWS & CURRENT EVENTS
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
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Connecticut Medical Building Sells for $19.1 Million
Built in 1981, the property is 100% leased to three medical tenants. Continue Reading Connecticut Medical Building Sells for $19.1 Million
California Home Sales Rebounded in October
Also on the rise was the statewide median price – $888,740, up 2.4% from the prior month. Continue Reading California Home Sales Rebounded in October
Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions
Edina Realty said it “worked cooperatively with the Attorney General’s Office to answer their questions and explain our industry, our company and how we do business.” Continue Reading Edina Realty in $3.5 Million Settlement Over Home Warranty Promotions
Italian Village Offers $1 Homes to Post-Election Americans
“We just really want, and will focus on, Americans above all,” said Mayor Francesco Columbu. Continue Reading Italian Village Offers $1 Homes to Post-Election Americans
Corcoran Group Announces First DC-Area Franchise
Corcoran McEnearney will become the network’s second largest franchise. Continue Reading Corcoran Group Announces First DC-Area Franchise
Lennar Acquires Arkansas Builder Rausch Coleman Homes
The financial aspects of the deal were not disclosed. Continue Reading Lennar Acquires Arkansas Builder Rausch Coleman Homes
Report: Home of Missing Texas Realtor May Be Sold
Suzanne Clark Simpson was last seen alive on the evening of Oct. 6. Continue Reading Report: Home of Missing Texas Realtor May Be Sold
Housing Starts Dropped in October
Single-family housing completions in October were at a rate of 986,000, a 1.4% drop from the revised September rate of 1 million. Continue Reading Housing Starts Dropped in October
Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
LandBridge was formed in 2021 by Five Point Energy LLC, a private equity firm. Continue Reading Oil Property Acquirer Pays $245 Million for 46,000-Acre Texas Property
Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
Jersey Mike’s Subs has more than 3,000 locations nationwide that are open and in development. Continue Reading Blackstone Buys Majority Stake in Jersey Mike’s Sub Sandwich Chain
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