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Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Foreclosure Activity Rises During First Half of the Year
A total of 187,659 residential properties carried foreclosure filings in the first six months of the year, according to new data from ATTOM. This represents a 5.8% increase from the same time-period in 2024 and up 1.1% from the same period in 2023. The states that...
Kentucky Home Sales Up During June
A total of 4,612 listings were sold in Kentucky during June, a 2.68% uptick from May and a 10.1% spike from June 2024. According to data from Kentucky Realtors, the state offered 6,481 listings in June, down by 4.19% from the previous month but also up 8.3% from one...
Occupi Raises $3.1 Million in Seed Funding Round
Occupi, a Birmingham, Alabama-based fintech focused on facilitating payment and screening solutions for property managers, announced the successful completion of an oversubscribed seed funding round that raised $3.1 million. Fenway Summer and Assurant Ventures co-led...
NEWS & CURRENT EVENTS
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
Neither company has publicly commented on the report. Continue Reading Report: Anywhere Real Estate Makes Bid to Acquire Douglas Elliman
British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Pardeep Singh Sandhu loaned $55,000 to prospective buyers to help them secure a mortgage for a residence in Abbotsford. Continue Reading British Columbia Realtor Fined for Loan to Clients to Buy Property He Was Selling
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
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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.
A Phil Hall Op-Ed: Why is Biden Trying to Overhaul the Supreme Court?
Editor Phil Hall considers whether President Biden’s proposals on the Supreme Court should be seen as reform or revenge. Continue Reading A Phil Hall Op-Ed: Why is Biden Trying to Overhaul the Supreme Court?
Mainstreet Equity Corp. to Offer Housing Assistance to Jasper Wildfire Evacuees
The company stated it would offer six-month leases for the permanent residents of Jasper fleeing the wildfires. Continue Reading Mainstreet Equity Corp. to Offer Housing Assistance to Jasper Wildfire Evacuees
The Bainbridge Companies Unveils Orlando Luxury Apartment Community
The 390-unit luxury apartment community offers one-, two- and three-bedroom homes ranging from 687 to 1,506 square feet. Continue Reading The Bainbridge Companies Unveils Orlando Luxury Apartment Community
Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University
The properties total 362 student housing beds and are 99% pre-leased for the August 2024 school year. Continue Reading Muinzer Acquires Two Student Housing Communities Adjacent to Purdue University
For Sale: Uranium-Contaminated Ohio School
The presence of the uranium has been blamed for the death of one dozen former students. Continue Reading For Sale: Uranium-Contaminated Ohio School
Ben Affleck Buys $20.5M Mansion Without Jennifer Lopez
As for Jennifer Lopez, TMZ reported she’s looking for her own house to buy in New York City. Continue Reading Ben Affleck Buys $20.5M Mansion Without Jennifer Lopez
Vancouver Broker Loses License, Fined $110K for Real Estate Fraud
“BCFSA holds real estate licensees to high standards and does not tolerate dishonesty and deception,” said the regulator. Continue Reading Vancouver Broker Loses License, Fined $110K for Real Estate Fraud
New Mexico Mortgage Finance Authority Rebrands as Housing New Mexico
New Mexico’s homeownership rate is 70.9%. Continue Reading New Mexico Mortgage Finance Authority Rebrands as Housing New Mexico
Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb
The properties are close to major highways I-275, I-75 and I-4. Continue Reading Investment Firms Acquire Two Core-Plus Communities in Tampa Suburb
GoldenTree Asset Management Names New Head of Real Estate Credit Origination
Sam Friedland was previously a managing director at Related Fund Management. Continue Reading GoldenTree Asset Management Names New Head of Real Estate Credit Origination
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