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Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Guild will operate as a privately held independent entity of the MSR Fund, which also owns Lakeview Loan Servicing. Continue Reading Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Guild will operate as a privately held independent entity of the MSR Fund, which also owns Lakeview Loan Servicing. Continue Reading Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
New Platform Focuses on Temporary Housing for Traveling Healthcare Professionals
Vidle Housing, a Delray Beach, Florida-based start-up that promotes itself as “the first mid-term, fully furnished housing platform in the US created specifically for traveling healthcare professionals,” has announced its official launch. According to the company, the...
Robert Harper Named Interim CEO at BREIT
Blackstone Real Estate Income Trust Inc. (BREIT) has appointed Robert Harper to serve as interim CEO, following the death of the company’s chief executive Wesley LePatner on July 28 in a shooting at her office building in Manhattan. Harper will continue to serve as...
Financial Services Software Provider MeridianLink Sold for $2 Billion
MeridianLink Inc. (NYSE: MLNK), a provider of software platforms for financial institutions and consumer reporting agencies, is being acquired by Centerbridge Partners LP, a global investment firm, in a $2 billion transaction. Under the terms of the agreement,...
NEWS & CURRENT EVENTS
Home Flipping Profits Down in Q1
The typical investor paid $260,000 for a home they flipped in the first quarter and sold the property for $325,000. Continue Reading Home Flipping Profits Down in Q1
Costco to Open First Standalone Gas Station
The new station will be based in the Los Angeles suburb of Mission Viejo. Continue Reading Costco to Open First Standalone Gas Station
Hilton and Marriott Expand Their Hotel Portfolios Across Africa
“We are witnessing a transformation of Africa’s tourism sector,” said Marriott’s Jerome Briet. Continue Reading Hilton and Marriott Expand Their Hotel Portfolios Across Africa
RE/MAX: Home Sales Up for Fourth Consecutive Month
The median sales price also increased year-over-year for the 23rd straight month to reach $442,000. Continue Reading RE/MAX: Home Sales Up for Fourth Consecutive Month
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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.
Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
Dwell Equities agreed to stop engaging or continuing a foreclosure rescue service or engage in equity stripping. Continue Reading Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel
The Justice family accused the foreclosure to be a “political stunt” by Dimon. Continue Reading West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel
Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
The court’s 5-2 ruling determined that a “residence” is not synonymous with a permanent presence. Continue Reading Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
Louis CK Lists Shelter Island Estate for $9.25 Million
The Tudor-stye 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Lists Shelter Island Estate for $9.25 Million
CMBS Delinquency Rate Rises, Fueled by Office Sector
Year-over-year, the overall CMBS delinquency rate is up 102 basis points. Continue Reading CMBS Delinquency Rate Rises, Fueled by Office Sector
Furniture Retailer Badcock to Shut Down, Closing 380 Stores
The company’s shuttering follows last week’s bankruptcy filing by its parent company Conn’s. Continue Reading Furniture Retailer Badcock to Shut Down, Closing 380 Stores
Blackstone in Talks to Acquire Retail-Focused REIT
ROIC owns 95 shopping centers covering roughly 10.7 million square feet. Continue Reading Blackstone in Talks to Acquire Retail-Focused REIT
Colibri Real Estate to Host Virtual Career Expos
Both expos will take place virtually and there is no cost to attend. Continue Reading Colibri Real Estate to Host Virtual Career Expos
Mortgage Rates Drop to 6-Month Low
The 30-year fixed-rate mortgage averaged 6.73% as of Aug. 1. Continue Reading Mortgage Rates Drop to 6-Month Low
Housing Inventory Reaches Post-Pandemic High
The amount of time that homes are spending on the market is also growing. Continue Reading Housing Inventory Reaches Post-Pandemic High
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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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