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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
Ohio Gov. DeWine Approves Public Funds for Cleveland Browns’ New Stadium
Ohio Gov. Mike DeWine has signed the state’s two-year budget that includes a provision for $600 million in state funds to cover some of the construction costs on the Cleveland Browns' $2.4 billion domed stadium development. According to combined media reports, the...
BBG Launches Data Center Specialty Practice
BBG, the Dallas-headquartered national commercial real estate services firm, has unveiled its Data Center Specialty Practice to meet the demand for valuation, due diligence, and advisory services in the fast-growing infrastructure sector. According to the company,...
California’s Environmental Law Rewritten to Create More Housing
California Gov. Gavin Newsom signed legislation that enacts major changes to the California Environmental Quality Act (CEQA) that are designed to increase the availability of affordable housing across the state. KCRA reports the new law takes effect today and will...
NEWS & CURRENT EVENTS
Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Redfin blamed the slowing of multifamily construction on a combination of flattening rents and higher borrowing costs. Continue Reading Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
CBRE has been hired to market the roughly 500-acre property for sale. Continue Reading Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
Century Communities Unveils New Atlanta-Area Community
The new community will feature nearly 100 single-family homes priced from the low $300,000s. Continue Reading Century Communities Unveils New Atlanta-Area Community
$3 Billion Tokenization Deal Focused on Dubai Properties
The agreement is the largest real-world asset (RWA) tokenization initiative globally to date. Continue Reading $3 Billion Tokenization Deal Focused on Dubai Properties
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
The shared equity mortgage typically requires no monthly payment and is repaid along with a percentage of property appreciation when the property is sold. Continue Reading Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
Lender Seizes Foreclosed San Jose Office Property
The Evergreen Advantage seized the 78,200-square-foot property. Continue Reading Lender Seizes Foreclosed San Jose Office Property
‘Home Alone’ House Listed for $5.25 Million
The property last changed hands in 2012 for $1.58 million. Continue Reading ‘Home Alone’ House Listed for $5.25 Million
Report: One in Five NYC Hotels is Now Housing Illegal Immigrants
To date, no hotel that became a migrant shelter has transitioned back to being a traditional hotel. Continue Reading Report: One in Five NYC Hotels is Now Housing Illegal Immigrants
European Central Bank Readies for Rate Cut Next Week
The ECB’s planned actions would follow recent cuts enacted by the Swedish, Swiss, Czech and Hungarian central banks. Continue Reading European Central Bank Readies for Rate Cut Next Week
Hits and Misses for the Real Estate Week of May 20-24
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. Continue Reading Hits and Misses for the Real Estate Week of May 20-24
NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
California’s San Jose-Sunnyvale-Santa Clara market was the most severely cost-burdened market during the first quarter. Continue Reading NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
New Listings in Virginia Up by Nearly 20%
Virginia’s housing market recorded its fifth straight month of expanded active listings. Continue Reading New Listings in Virginia Up by Nearly 20%
Mainstreet Equity Corp. Reports Cybersecurity Incident
Specific details on the exact nature of the incident were not disclosed. Continue Reading Mainstreet Equity Corp. Reports Cybersecurity Incident
Colorado Community College to Offer Online Introduction to 3D Homebuilding
The 30-hour certificate course carries a $250 tuition. Continue Reading Colorado Community College to Offer Online Introduction to 3D Homebuilding
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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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