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Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
The mall is approximately 70% vacant and is expected to permanently close next spring Continue Reading Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
The mall is approximately 70% vacant and is expected to permanently close next spring Continue Reading Submarine Manufacturer Acquires Mostly Vacant Connecticut Mall
Report: Median Home-Sale Price at New High, But Remains Below Median Asking Price
A new data report from Redfin (NASDAQ: RDFN) has determined the median home-sale price hit a record $396,500 during the four weeks ending June 15, a 1% year-over-year uptick. However, this is roughly $26,000 lower than the median asking price of $422,238. Redfin noted...
2,500-Home Community Planned for Austin Suburb
Red Oak Development Group has announced the launch of Moxie, a new 589-acre interconnected community located south of Austin in Lockhart, Texas. The company plans to bring 2,500 homes to the community, with an estimated 20% of the land dedicated to parks and open...
Home Depot Follows QXO’s Lead with Unsolicited Bid for GMS Inc.
Home Depot (NYSE: HD) has made a surprise bid for the building products distributor GMS Inc. (NYSE: GMS) after Brad Jacobs’ QXO (NYSE: QXO) made a $5 billion unsolicited offer for the Tucker, Georgia-based company. The Wall Street Journal first reported Home Depot’s...
NEWS & CURRENT EVENTS
72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
Bruce Hauber, 72, was employed as the executive director of the federally funded American Falls Housing Authority (AFHA) from 2019 to 2023. Continue Reading 72-Year-Old Idaho Man Sentenced for Embezzling Public Housing Authority
The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
The acquisition and renovation are being financed through Low Income Housing Tax Credits and tax-exempt bonds. Continue Reading The BLVD Group Acquires Rhode Island Apartment Community for $57 Million
Emory University Receives $5 Million for New Real Estate Center
The newly announced BL Harbert Real Estate Center will be designed to equip students to excel as real estate entrepreneurs and practitioners. Continue Reading Emory University Receives $5 Million for New Real Estate Center
NAR Hires New SVP of Education and Events
Elizabeth Ranno joins NAR from property management software provider RealPage. Continue Reading NAR Hires New SVP of Education and Events
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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.
Matt Parisi Joins Industry Real Estate Partners as Vice President
He was previously vice president at Transwestern’s tenant advisory and occupier solutions team, Continue Reading Matt Parisi Joins Industry Real Estate Partners as Vice President
Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
No explanation was given on why the combined company failed so abruptly. Continue Reading Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
“Rising home prices are a double-edged sword,” said Redfin Senior Economist Elijah de la Campa. Continue Reading Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
Four Seasons to Open First Branded Residences in Florida
The new 20-story development will offer 70 residences ranging from two- to four-bedrooms. Continue Reading Four Seasons to Open First Branded Residences in Florida
NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
A final approval hearing on the settlement will take place in November. Continue Reading NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
62% of respondents said financial support from family is necessary to buy a home. Continue Reading Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
Guest Opinion: How You Might Look at Recent Data
We are all looking at the same data, but it is easy to come away with different conclusions. Continue Reading Guest Opinion: How You Might Look at Recent Data
CRE Investment Firm Matterhorn Venture Partners Opens in Chicago
The new firm focuses on multiple asset classes and transaction sizes. Continue Reading CRE Investment Firm Matterhorn Venture Partners Opens in Chicago
New Home Sales Up 8.8% in March
The median sales price of new houses sold in March was $430,700. Continue Reading New Home Sales Up 8.8% in March
CrossCountry Mortgage Unveils CCM EasyGreen
Income qualified borrowers can use the new product in a purchase loan or for refinancing. Continue Reading CrossCountry Mortgage Unveils CCM EasyGreen
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