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Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Virginia Home Sales Up 2.4%
Virginia recorded 10,182 closed sales during July, which is 235 more than one year ago, a 2.4% uptick. According to Virginia Realtors, July, marked the second consecutive month of increased sales activity, although year-to-date sales totals are flat compared to one...
Construction Costs on New Las Vegas Baseball Stadium Rises to $2 Billion
Construction costs on the new Las Vegas baseball stadium for the former Oakland A’s have ballooned to $2 billion. The Nevada Independent reports the 33,000-capacity stadium was initially budgeted at $1.5 billion, only to be raised last year to $1.75 billion. Team...
Toronto Realtor Assures Social Media Crowd That He’s Not a Criminal with the Same Name
A Toronto-based realtor with the same name as a high-profile criminal has been patiently attempting to assure social media denizens that he is not the notorious miscreant. The Calgary Herald reports Zain Merchant has been receiving a flood of social media messages...
NEWS & CURRENT EVENTS
$3.48 Million LA Home Now Available for Cryptocurrency Purchase
The 4,545-square foot residence within the 0.44-acre property is within a 24/7 guard-gated and patrolled community. Continue Reading $3.48 Million LA Home Now Available for Cryptocurrency Purchase
Charles Jones to Lead Multifamily Housing Finance at Western Alliance Bank
He was previously managing director and vice president of originations at M&T Realty Capital Corporation. Continue Reading Charles Jones to Lead Multifamily Housing Finance at Western Alliance Bank
Mortgage Rates Decline for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.67% as of July 3. Continue Reading Mortgage Rates Decline for Fifth Straight Week
Chicago Suburb to Purchase Childhood Home of Pope Leo XIV
The purchase price was not disclosed, and the transaction reverses the village’s earlier threat to seize the property through eminent domain. Continue Reading Chicago Suburb to Purchase Childhood Home of Pope Leo XIV
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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.
Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030
Rents spiked by 94% since 2015 in Lisbon while house prices soared by 186%. Continue Reading Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030
NAR Warns Members Against Fake Web Domain Email Offers
NAR said the messaging was not originating from its office, but instead were coming from DomainNetworks.com. Continue Reading NAR Warns Members Against Fake Web Domain Email Offers
Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
The Asia-Pacific region led the 3D printing construction market in 2023 with a 42% revenue share. Continue Reading Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
New Hotel Planned at NYC’s Rockefeller Center
The 33-story Kimpton Rockefeller Center is set to open in late 2025 on West 48th Street between Fifth and Sixth Avenues. Continue Reading New Hotel Planned at NYC’s Rockefeller Center
Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Medical Properties Trust acquired Steward for $1.25 billion in 2016. Continue Reading Medical Properties Trust Regains Control of Its Real Estate from Steward Health Care
Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Fannie Mae and Freddie Mac have been in conservatorship for 16 years. Continue Reading Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
Propy also appointed former Wall Street Journal columnist Michael Casey to its board of directors. Continue Reading Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member
NAR Sued by Former Employee for Sexual Harassment
Sheth said she was fired in 2019 after reporting male supervisors. Continue Reading NAR Sued by Former Employee for Sexual Harassment
Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
The brokers could face fines and the permanent suspension of their licenses. Continue Reading Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
Maverick Real Estate Partners Closes Seventh Flagship Fund
The fund will invest in distressed real estate credit opportunities within New York City. Continue Reading Maverick Real Estate Partners Closes Seventh Flagship Fund
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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