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Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The community will include over 650 multifamily units and encompass more than 95 acres of commercial property. Continue Reading Groundbreaking for $36 Million Mixed-Use Development in South Carolina
Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The community will include over 650 multifamily units and encompass more than 95 acres of commercial property. Continue Reading Groundbreaking for $36 Million Mixed-Use Development in South Carolina
New Bill Would Eliminate Property Taxes for Maine’s Seniors
The growing movement for property tax relief has taken root in Maine, with a new bill before the state legislature that would eliminate property taxes for homeowners aged 65 and older. Newsweek reports the new bill, LD 1541, would apply to seniors who have lived in...
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Contrary to popular imagination, not every millionaire owns a mansion. Indeed, new research published by RentCafe based on IPUMS data has determined that an increasing number of millionaires prefer rental housing. Between 2019 and 2023, the number of renters and...
Mortgage Application Activity Slows for Third Straight Week
Mortgage applications activity was down for the third straight week, according to data from the from the Mortgage Bankers Association (MBA) covering the week ending May 30; the data included an adjustment for the Memorial Day holiday. The Market Composite Index, the...
NEWS & CURRENT EVENTS
New Apartment Development to be Built Near Cornell University
Upon completion – which is scheduled for the 2027 academic year – Theory Ithaca will be comprised of 371 units and 518 beds. Continue Reading New Apartment Development to be Built Near Cornell University
FHLB Cincinnati Debuts Hundred Homes Initiative
Eligible homebuyers must own and reside in a mobile home constructed prior to June 15, 1976. Continue Reading FHLB Cincinnati Debuts Hundred Homes Initiative
Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Generation Z accounted for 3% of all buyers. Continue Reading Report: Baby Boomers Are the Largest Generational Share of Homebuyers
Faropoint Makes First Los Angeles Industrial Acquisition
The 36,491-square-foot industrial facility was built in 1963 and is fully leased to four tenants. Continue Reading Faropoint Makes First Los Angeles Industrial Acquisition
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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.
Bluerock Value Exchange Debuts New Industrial Portfolio
DIP III is seeking to raise approximately $41 million from accredited investors. Continue Reading Bluerock Value Exchange Debuts New Industrial Portfolio
Former Morgan Stanley Global Chairman Joins CBRE Board
Guy A. Metcalfe was a managing director and member of Morgan Stanley’s investment banking executive committee. Continue Reading Former Morgan Stanley Global Chairman Joins CBRE Board
Mercedes-Benz Unveils First U.S. Branded Residential Project
Mercedes-Benz Places, a 67-story mixed-use residential project in Miami. Continue Reading Mercedes-Benz Unveils First U.S. Branded Residential Project
HUD Awards Nearly $4 Million for Research on Office Property-to-Residential Conversions
HUD’s Solomon Greene said the research will “fill critical knowledge gaps, test pilots and new innovations, and share best practices in each of the areas.” Continue Reading HUD Awards Nearly $4 Million for Research on Office Property-to-Residential Conversions
Lessee of Former Trump Hotel in DC Defaults on Loan
CGI CEO Raoul Thomas said he is in talks to receive up to $100 million in new financing for the property. Continue Reading Lessee of Former Trump Hotel in DC Defaults on Loan
Pineapple Financial Offers AI-Generated Websites for Canadian Mortgage Brokers
“Maui improves a broker’s visibility online, all while adhering to provincial regulations,” said President and COO Kendall Marin. Continue Reading Pineapple Financial Offers AI-Generated Websites for Canadian Mortgage Brokers
Global Bathroom Sink Market Predicted to Reach $2.14 Billion by 2027
“Emerging economies are expected to witness high growth in the residential construction sector,” the forecast said. Continue Reading Global Bathroom Sink Market Predicted to Reach $2.14 Billion by 2027
Hits and Misses for the Real Estate Week of Feb. 19-23
An upstart trade group’s PR coup, an iconic theater saved by Hollywood’s A-list and an unwanted honor for New Jersey are among this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Feb. 19-23
Wisconsin Home Sales Up 7.4% in January
January’s median price of $265,000 was 6% higher than the $250,000 price recorded one year earlier. Continue Reading Wisconsin Home Sales Up 7.4% in January
The Agency Expands with Offices in Jamaica, Nova Scotia and Oklahoma
The brokerage has 18 offices throughout Canada. Continue Reading The Agency Expands with Offices in Jamaica, Nova Scotia and Oklahoma
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