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Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT
Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT
Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros
The latest Monthly Housing Report from Realtor.com has found 22 of the 50 largest metros have more active listings on the market than they did in the pre-pandemic years. However, the report stops short of declaring the current environment as a buyer’s market. Denver...
FBI to Move HQ to DC’s Ronald Reagan Building Complex
The FBI is relocating its headquarters to the Ronald Reagan Building complex in Washington, DC. The FBI will relocate from the J. Edgar Hoover Building in Washington, which served as its headquarters in 1975. The Reagan Building complex is currently home to US Customs...
Fairway Independent Mortgage Changes Its Name
Fairway Independent Mortgage Corporation announced it is changing its name to Fairway Home Mortgage. The newly named Fairway Home Mortgage will highlight the tagline “All Roads Lead Home,” and will be rolling out a series of initiatives such as the website home.com....
NEWS & CURRENT EVENTS
Compass Creates Private Exclusive Listings Book
Agents from all brokerages can visit any Compass office to individually browse Private Exclusives listings on a one-to-one basis. Continue Reading Compass Creates Private Exclusive Listings Book
Rite Aid Files for Bankruptcy Again, Plans to Close All New York State Stores
All 178 of its locations in New York State will shut down next month. Continue Reading Rite Aid Files for Bankruptcy Again, Plans to Close All New York State Stores
TurboTenant Acquires Azibo
Azibo users will gain access to TurboTenant’s platform. Continue Reading TurboTenant Acquires Azibo
Can Home Staging Speed Up Sales and Boost the Transaction Price?
Most buyers’ agents (83%) said staging a home made it easier for the buyer to envision the property as their future home. Continue Reading Can Home Staging Speed Up Sales and Boost the Transaction Price?
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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.
Welch’s to Relocate Headquarters in Waltham, Massachusetts
The new headquarters will consist of 60,000 square feet of office and lab space. Continue Reading Welch’s to Relocate Headquarters in Waltham, Massachusetts
Salvatore Troia Joins NNN Pro as CFO
Troia most recently served as CFO at Douglas Elliman Real Estate. Continue Reading Salvatore Troia Joins NNN Pro as CFO
Alexandria Keser Named Managing Director at Bear Real Estate Advisors
Keser joined the company at its founding in 2018 as director of operations. Continue Reading Alexandria Keser Named Managing Director at Bear Real Estate Advisors
Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy
40% of homeowners delayed necessary structural repairs to their home. Continue Reading Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy
New Earthquake Insurance Entity Aimed at West Coast Businesses
Arrowhead EQ DIC will primarily target businesses in California and the Pacific Northwest. Continue Reading New Earthquake Insurance Entity Aimed at West Coast Businesses
Colorado’s Desperado Realty Expands into Wyoming
“We are very passionate about helping people,” said company founder Tillie Peart. Continue Reading Colorado’s Desperado Realty Expands into Wyoming
Huntington National Bank Debuts Deposits Business for Commercial Real Estate Clients
Alex Tsarnas was recruited to serve as senior managing director of this new business vertical. Continue Reading Huntington National Bank Debuts Deposits Business for Commercial Real Estate Clients
Q1 Mortgage Lending at Lowest Level Since 2000
Lenders issued $405.6 billion worth of residential mortgages in the first quarter. Continue Reading Q1 Mortgage Lending at Lowest Level Since 2000
European Central Bank Cuts Interest Rate for First Time in Nearly Five Years
This follows the Bank of Canada’s reducing of its main interest rate by 25 basis points to 4.75%. Continue Reading European Central Bank Cuts Interest Rate for First Time in Nearly Five Years
Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent
Krystal Davis also falsely presented herself as a certified public accountant. Continue Reading Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent
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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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