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SIOR Inducts Officers for 2025-2026 Term
Saadia Sheikh, CEO and founder of the Dallas- and New York City-based advisory firm Powersense, was named global president. Continue Reading SIOR Inducts Officers for 2025-2026 Term
SIOR Inducts Officers for 2025-2026 Term
Saadia Sheikh, CEO and founder of the Dallas- and New York City-based advisory firm Powersense, was named global president. Continue Reading SIOR Inducts Officers for 2025-2026 Term
Report: Fewer Canadians Seeking to Buy US Homes
Fewer Canadians are venturing south in search of American residential properties, according to a new data report from Redfin. The number of Canadian Redfin.com users searching for homes in the US on Redfin.com was down 26.4% year-over-year in May. The decline took an...
New Partnership Seeks to Educate Prospective Homebuyers
CBC Mortgage Agency has teamed with Guild Mortgage on a national initiative to expand homeownership through financial literacy events. The Future Homebuyer Initiative will consist of 10 events across the country designed to provide financial literacy, credit...
BlackRock Acquires ElmTree Funds
BlackRock Inc. (NYSE: BLK) announced it is acquiring ElmTree Funds, a St. Louis-based net-lease real estate investment firm with $7.3 billion in total assets under management. The financial details of the acquisition were not disclosed. Founded in 2011, ElmTree has...
NEWS & CURRENT EVENTS
Wisconsin Records Double-Digit Drop in Existing Home Sales
The median price in March was $310,000, up 3.7% from the $299,000 recorded on year earlier. Continue Reading Wisconsin Records Double-Digit Drop in Existing Home Sales
Offsite Homebuilding Platform Villa Raises $20 in New Funding
The latest round was led by Unless with participation from existing investors Atomic and Tectonic Ventures, and other undisclosed strategic investors. Continue Reading Offsite Homebuilding Platform Villa Raises $20 in New Funding
Don Kottick Named President of RE/MAX Canada
Kottick is the former president & CEO of Sotheby’s International Realty Canada. Continue Reading Don Kottick Named President of RE/MAX Canada
Anyone.com, a New Platform for Residential Real Estate Sales, is Launched
The platform offers a database of over 31 million properties for sale worldwide. Continue Reading Anyone.com, a New Platform for Residential Real Estate Sales, is Launched
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Scott Sellers to Replace Bill Ackman as Howard Hughes Holdings Chairman
Pershing Square Partner Ben Hakim is being nominated to replace Ackman on the board. Continue Reading Scott Sellers to Replace Bill Ackman as Howard Hughes Holdings Chairman
Garry Marsoubian Appointed CEO at MLS Now
Marsoubian previously held executive positions at Greater Tulsa MLS and Bright MLS. Continue Reading Garry Marsoubian Appointed CEO at MLS Now
KeyBank in New Partnership to Increase Investment in Underserved Communities
KeyBank will provide $17 million to fund grants, down payment assistance, fee waivers, product and branch expansion and marketing. Continue Reading KeyBank in New Partnership to Increase Investment in Underserved Communities
Mortgage Rates Still Hovering Near the 7% Level
“We do not expect rates will decrease meaningfully in the near-term,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Still Hovering Near the 7% Level
Northeast and Midwest Lead the Nation with Highest Property Taxes
The average tax on single-family homes in the U.S. increased last year by 4.1% to $4,062. Continue Reading Northeast and Midwest Lead the Nation with Highest Property Taxes
Hedge Fund-Backed News Site Coordinates Lawsuit Against United Wholesale Mortgage
While Hunterbrook shorted UWM, it simultaneously took a long position on its biggest competitor, Rocket Companies Inc. Continue Reading Hedge Fund-Backed News Site Coordinates Lawsuit Against United Wholesale Mortgage
Compass Expands Into Gulf South Markets with Acquisition of Latter & Blum
The financial terms of the transaction were not disclosed. Continue Reading Compass Expands Into Gulf South Markets with Acquisition of Latter & Blum
Discount Retailer 99 Cents Only Store Mulling Bankruptcy
The company operates over 370 stores across California, Arizona, Nevada and Texas. Continue Reading Discount Retailer 99 Cents Only Store Mulling Bankruptcy
Hilton Expands Luxury Offerings with NoMad Hotel Brand Acquisition
The NoMad Las Vegas is excluded from the transaction. Continue Reading Hilton Expands Luxury Offerings with NoMad Hotel Brand Acquisition
Dan Marks Becomes CEO at Brooklyn-Focused CRE Brokerage TerraCRG
Ofer Cohen, the company’s founder, will become chairman. Continue Reading Dan Marks Becomes CEO at Brooklyn-Focused CRE Brokerage TerraCRG
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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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