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CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
Braemar Hotels & Resorts Has Put Itself Up for Sale
Braemar Hotels & Resorts Inc. (NYSE: BHR), a Dallas-based real estate investment trust (REIT) focused on investing in luxury hotels and resorts, has begun the process of putting itself up for sale. The company and its financial advisor, Robert W. Baird & Co....
Century Communities Begins Home Sales at New Arizona Development
Century Communities Inc. (NYSE: CCS) is now selling homes at its Montano Ridge development in Bullhead City, Arizona, from the $290,000s. The company said the community’s floor plans offer up to 1,815 square feet and four bedrooms, including primary suites with...
Knock Closes on $100 Million Securitization
The buy-before-you-sell real estate fintech Knock announced the successful close of its inaugural $100 million securitization. According to the Atlanta-based company, the $100 million bond issuance will be used exclusively to fund Knock’s Bridge Loan products. Cantor...
NEWS & CURRENT EVENTS
Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. Continue Reading Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
The new bill applies only to individuals selling their primary residence and does not apply to home flippers or real estate investors. Continue Reading New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Cesar Humberto Pina, also known as “Flipping NJ,” gained influencer status through a series of real estate seminars conducted around the country. Continue Reading NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Saudi Arabia to Allow Property Ownership by Foreigners
However, properties in the holy cities Makkah and Madinah will not be open to foreign buyers. Continue Reading Saudi Arabia to Allow Property Ownership by Foreigners
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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.
Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects
Mahmood Peyawary is a Royal LePage agent who was both the seller and listing agent on the property. Continue Reading Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects
Michigan Real Estate Agent Sentenced in Child Predator Case
64-year-old John DeMarco received a sentence of 30 to 240 months. Continue Reading Michigan Real Estate Agent Sentenced in Child Predator Case
Leadership Change at Arch Capital Group
Nicolas Papadopoulo will succeed the retiring Marc Grandisson. Continue Reading Leadership Change at Arch Capital Group
Hits and Misses for the Real Estate Week of Oct. 7-11
A busy week for NAR, the struggle by Maui’s wildfire survivors, and guess who’s coming to dinner (and breakfast and lunch)? Continue Reading Hits and Misses for the Real Estate Week of Oct. 7-11
7-Eleven to Close 444 Stores Across North America
The company did not provide details on which stores it would close and which would be sold and then leased. Continue Reading 7-Eleven to Close 444 Stores Across North America
Morguard Breaks Ground on Rental Community in Mississauga
“This project will enable residents to experience rental living at a higher level,” said Morguard Senior Vice President of Development Brian Athey. Continue Reading Morguard Breaks Ground on Rental Community in Mississauga
Chase Properties Acquires Retail Plazas in Upstate New York and Virginia
“Creekside Plaza and Waynesboro Town Center have strong tenant rosters with a proven history of robust sales performance,” said Co-CEO Andrew Kline. Continue Reading Chase Properties Acquires Retail Plazas in Upstate New York and Virginia
Indiana Home Sales Up in September
Homes sold for a statewide median price of $260,000, up 5% from year earlier but down from the June peak of $273,000. Continue Reading Indiana Home Sales Up in September
15-Story Oakland Office Tower and Garage Sells at a Loss
The properties last changed hands in 2019 for $175 million. Continue Reading 15-Story Oakland Office Tower and Garage Sells at a Loss
Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
This is the fifth criminal investigation involving the mayors and his allies. Continue Reading Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor
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