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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
Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
A new Reuters report has determined the father and stepmother of Bill Pulte, the Federal Housing Finance Agency (FHFA), have improperly claimed primary residence on two different properties in two different states – a situation that resonates closely to the...
California Construction Firm CEO Arrested on Loan Fraud Charges
The CEO of a California construction company was arrested on a federal criminal complaint alleging that he fraudulently obtained more than $4 million in Covid-19 relief funds and federally guaranteed small business loans. According to court documents, Joey Wayne...
National Average for Apartment Rents Down Slightly in August
Apartment rents in August recorded a national average of $1,713, a slight 0.23% decrease from July’s revised rent of $1,719. According to Apartments.com, an online marketplace of CoStar Group (NASDAQ: CSGP), this marks the second consecutive month of flat or negative...
NEWS & CURRENT EVENTS
USDA to Relocate Majority of Staff and Vacate DC Office Space
Employees will be relocated to Raleigh, Kansas City, Indianapolis, Salt Lake City and Fort Collins, Colorado. Continue Reading USDA to Relocate Majority of Staff and Vacate DC Office Space
Barry Habib Added to Fannie Mae’s Board of Directors
There was no formal press statement on the appointment. Continue Reading Barry Habib Added to Fannie Mae’s Board of Directors
Development Promoted as ‘First Solar Town’ Planned for Houston Area
The first portion of the development will encompass three 30-foot-high concrete wall industrial buildings. Continue Reading Development Promoted as ‘First Solar Town’ Planned for Houston Area
Trump Ally Sues to Open Fed’s Rate Policy Meetings to the Public
“It’s never been more confusing to understand why the Fed is doing what it’s doing,” said Azoria Capital’s James Fishback. Continue Reading Trump Ally Sues to Open Fed’s Rate Policy Meetings to the Public
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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.
Mortgage Rates Hold Steady After Climbing for 6 Weeks
The 30-year fixed-rate mortgage averaged 6.78% as of Nov. 14. Continue Reading Mortgage Rates Hold Steady After Climbing for 6 Weeks
Rhode Island Broker Sued Over ‘Foreclosure Rescue’ Scam
Kyle Seyboth, founder of the Century 21-affiliated brokerage The Seyboth Team, is the target of the lawsuit. Continue Reading Rhode Island Broker Sued Over ‘Foreclosure Rescue’ Scam
Miami Real Estate Broker Ordered to Jail for Boat Crash Death
George Pino, president of State Street Realty, will need to turn himself in by Nov. 22. Continue Reading Miami Real Estate Broker Ordered to Jail for Boat Crash Death
myCUmortgage in New Partnerships with Six Credit Unions
The combined partnerships represent 139,349 credit union members and $2.52 billion in assets. Continue Reading myCUmortgage in New Partnerships with Six Credit Unions
Advan Research Corp. Acquires Real Estate Intelligence from RetailStat
The financial terms of the deal were not disclosed. Continue Reading Advan Research Corp. Acquires Real Estate Intelligence from RetailStat
English Manor Given by Henry VIII to Ex-Wife Anne of Cleves Listed for $4.76 Million
Henry and Anne’s marriage only lasted from January through July 1540. Continue Reading English Manor Given by Henry VIII to Ex-Wife Anne of Cleves Listed for $4.76 Million
NYC Council OKs Bill Shifting Broker Fee Payments from Tenants to Landlords
The Real Estate Board of New York came out against the bill. Continue Reading NYC Council OKs Bill Shifting Broker Fee Payments from Tenants to Landlords
4,000-Unit Net Zero Community Planned for Downtown San Jose
The real estate developer Westbank has teamed with Pacific Gas and Electric Company (PG&E) on a proposed net zero community that will be located in downtown San Jose. Continue Reading 4,000-Unit Net Zero Community Planned for Downtown San Jose
Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium
The team had originally rejected the city-owned 48.6-acre site that was once home to the Michael Reese Hospital. Continue Reading Chicago Bears Consider Third Site for New $4.6 Billion Domed Stadium
Canada Allocates $9 Million for 1,500 Foreign Construction Professionals
The funding will be provided to the United Brotherhood of Carpenters and Joiners of America Canadian District. Continue Reading Canada Allocates $9 Million for 1,500 Foreign Construction Professionals
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