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Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Boston Mayor Complains About Traffic Concerns with Proposed Soccer Stadium
Plans to create a new stadium for Major League Soccer’s New England Revolution has raised concerns by Boston Mayor Michelle Wu regarding the venue’s impact on local traffic. WCVB reports the new 25,000-seat stadium would be constructed on the site of a defunct power...
Rudyard Kipling’s 1896 Vermont Stable to Become Rental Housing
One of the most unusual rental homes will soon be coming on the market – an 1896 Vermont stable originally designed as the house of writer Rudyard Kipling’s horses. The nonprofit Landmark Trust USA is completing renovations on the stable, turning it from an equine...
REMAX Taps Magnite to Expand Commerce Media Business
The New York City-based advertising firm Magnite (NASDAQ: MGNI) announced that REMAX LLC (NYSE: RMAX) selected the company to grow its commerce media business. In a press statement, the companies said REMAX will use Magnite’s curation tools to “enrich media supply...
NEWS & CURRENT EVENTS
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
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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.
Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Sanjay Patel is scheduled to be sentenced on Dec. 12. Continue Reading Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Greystar to Open New Build-for-Rent Community in Georgia
Summerwell Bells Ferry consists of 137 townhomes and 16 detached single-family rental homes. Continue Reading Greystar to Open New Build-for-Rent Community in Georgia
Michael Jordan Sells Chicago Mansion After 12 Years on the Market
The property was first listed for $29 million in 2012. Continue Reading Michael Jordan Sells Chicago Mansion After 12 Years on the Market
Mortgage Application Activity Up 14.2%
The MBA also reported mortgage applications for new home purchases in August were up 4.4% year-over-year. Continue Reading Mortgage Application Activity Up 14.2%
Lennar Plans Four Communities in New Jersey
Lennar’s New Jersey expansion follows two recent master-planned community openings in the state. Continue Reading Lennar Plans Four Communities in New Jersey
Housing Starts in a Sharp Upswing
Single-family authorizations in August were at a rate of 967,000, a 2.8% bump-up from the July figure of 941,000. Continue Reading Housing Starts in a Sharp Upswing
Office-to-Residential Conversion Adds 68 Apartments in LA Property
The first floor of the property will retain approximately 30,000 square feet of ground floor creative office space. Continue Reading Office-to-Residential Conversion Adds 68 Apartments in LA Property
Janover Debuts Platform for Connecting Real Estate Syndicators and Investors
The new platform includes access to more than 40,000 verified investors that have invested more than $1 billion. Continue Reading Janover Debuts Platform for Connecting Real Estate Syndicators and Investors
California Home Sales at 7-Month Low
The sales pace for August remained below the 300,000-threshold for the 23rd consecutive month. Continue Reading California Home Sales at 7-Month Low
Woman Arrested for Deed Fraud on North Carolina Mansion
Dawn Mangum attempted to list Dr. Craig Adams’ home for sale at $4 million. Continue Reading Woman Arrested for Deed Fraud on North Carolina Mansion
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