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CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
Zillow Unveils 5 New Features to Improve User Friendliness
Zillow (NASDAQ: Z, ZG) has unveiled five new features on its platform designed to improve the user friendliness in the homebuying, selling and renting processes. The new features include the following: SkyTour: Available on eligible Zillow Showcase listings, the tool...
CertifID Raises $47.5 Million in Series C Funding
CertifID, a wire fraud protection platform serving the real estate industry, announced a $47.5 million Series C funding round led by Centana Growth Partners. The company added that Arthur Ventures, which previously led their Series A $12.5M and Series B $20M rounds,...
Report: Chicago Officials Failing to Alert Residents of Lead Risk in Drinking Water
Chicago has fallen dangerously short of meeting federal rules requiring that the city notify its residents and property owners to the risk of lead contamination in their drinking water. According to an investigation by the Chicago Sun-Times, Chicago officials were...
NEWS & CURRENT EVENTS
Gavin Swartzman Named President at Christie’s International Real Estate
Swartzman previously served as CEO of Toronto-based Peerage Realty Partners from January 2014 through last March. Continue Reading Gavin Swartzman Named President at Christie’s International Real Estate
Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors
Senate Bill 292 introduced by State Sen. Michele Hoitenga, a Republican. Continue Reading Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors
April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
2200 Gordon Dr. in Naples, Florida, sold for $133.2 million. Continue Reading April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC
United Homes Group Announces Leadership Shifts and Review of Potential Company Sale
“We are committed to maximizing value for all of our shareholders,” said Michael Nieri, co-founder and executive chairman. Continue Reading United Homes Group Announces Leadership Shifts and Review of Potential Company Sale
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges
He was previously co-managing partner at Willkie Farr & Gallagher’s New York City office. Continue Reading Thomas J. Henry Named Co-Chair of Real Estate Practice at Weil, Gotshal & Manges
Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years
There were 90,260 new apartments completed in the fourth quarter, the second highest number in records dating back to 2012. Continue Reading Redfin: Newly Built Apartments Are Filling at Slowest Pace in 4 Years
Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania
The financial terms of the deal were not disclosed. Continue Reading Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania
Thompson Thrift to Develop Atlanta-Area Multifamily Community
The Levi will encompass roughly 15 acres within the 158-acre master-planned community of Bridges at Jodeco. Continue Reading Thompson Thrift to Develop Atlanta-Area Multifamily Community
Hits and Misses for the Real Estate Week of June 24-28
This week’s Hits and Misses include the presidential debate, a growing disenchantment with homeownership and an effort to repopulate rural Italy. Continue Reading Hits and Misses for the Real Estate Week of June 24-28
Bank of America Economist: Housing Market is ‘Stuck’ Until at Least 2026
“This will take many years to work itself out – there isn’t a magic fix,” said Michael Gapen. Continue Reading Bank of America Economist: Housing Market is ‘Stuck’ Until at Least 2026
Investors to Receive $2.1 Million of the $33 Million Lost in Real Estate Fraud
Wong and Soo were accused of inflating the purchase price of a property and lying about it to investors. Continue Reading Investors to Receive $2.1 Million of the $33 Million Lost in Real Estate Fraud
Supreme Court Rules Cities Can Ban Outdoor Sleeping Encampments
“Homelessness is complex,” wrote Justice Neil Gorsuch for the majority ruling. Continue Reading Supreme Court Rules Cities Can Ban Outdoor Sleeping Encampments
Marilyn Monroe’s Final Home Declared a Cultural Landmark
The property’s owners are suing the city to overturn the designation. Continue Reading Marilyn Monroe’s Final Home Declared a Cultural Landmark
Gildred Companies Roll Out Summer Internship Program
The new program includes one position in accounting and one in property management. Continue Reading Gildred Companies Roll Out Summer Internship Program
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