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Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Mauricio Umansky Revives Lawsuit Against NAR’s Clear Cooperation Policy
Mauricio Umansky, co-founder of The Agency and the American Real Estate Association, has re-opened a lawsuit against the National Association of Realtors’ (NAR) Clear Cooperation Policy. The New York Times reports the lawsuit was first filed on behalf of the Pocket...
Black Opal Insurance Unveils New Platform for Real Estate Investors
Dallas-based Black Opal Insurance has launched a specialized insurance platform designed for real estate investors. According to the company, the new offering will simplify the insurance process for investors managing fix-and-flips, annual rentals, ground-up...
License Classroom Expands Real Estate Education Offerings to 3 More States
License Classroom, a provider of online real estate education, has expanded its offerings into three new states: New York, New Jersey, and Virginia. The Austin-headquartered company provides pre-license education, sales agent apprentice education (SAE), and continuing...
NEWS & CURRENT EVENTS
Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
The state paid $7.2 million over the past few years to buy three residential buildings. Continue Reading Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
Dynamic City Capital Expands into Luxury Spa Resort Market
The property features 137 rooms and suites, a full-service spa, and curated wellness programs. Continue Reading Dynamic City Capital Expands into Luxury Spa Resort Market
242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
The Liberty has 55 townhomes and 187 apartments that range from 568 square feet to 1,536 square feet. Continue Reading 242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
CAPREIT Acquires 2 Apartment Communities in Maryland
CAPREIT plans to undertake $5 million in capital improvements on the properties. Continue Reading CAPREIT Acquires 2 Apartment Communities in Maryland
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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.
FHA Raises Loan Limits for Manufactured Homes
The FHA said it will recalculate the program’s loan limits on an annual basis to keep pace with changing home prices. Continue Reading FHA Raises Loan Limits for Manufactured Homes
Southeast Property Group Acquires 328-Unit Multifamily Portfolio in Jacksonville
Southeast Property Group has started a $9.7 million renovation program. Continue Reading Southeast Property Group Acquires 328-Unit Multifamily Portfolio in Jacksonville
Virginia Housing Names Tammy Neale CEO
Neale replaces Susan Dewey, who retired from the Richmond-based housing authority at the end of 2023. Continue Reading Virginia Housing Names Tammy Neale CEO
Single-Family Housing Starts Jump by 11.6%
Single‐family housing completions in February were at a rate of 1.07 million, a 20.2% spike from the revised January rate of 892,000. Continue Reading Single-Family Housing Starts Jump by 11.6%
A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
A diverse range of opinions can be found on the site formerly known as Twitter. Continue Reading A Phil Hall Op-Ed: X Marks the NAR Settlement Spot
Builder Confidence at Highest Level in Eight Months
“We expect more consumers to jump off the sidelines and into the marketplace if mortgage rates continue to fall later this year,” said NAHB Chairman Carl Harris. Continue Reading Builder Confidence at Highest Level in Eight Months
Canadian Home Prices Flattened in February
The number of newly listed homes in February inched up 1.6% from January. Continue Reading Canadian Home Prices Flattened in February
Canadian Video Marketing Platform Roomvu Expands to US Market
Sam Mehrbod, CEO of Roomvu, called it “a significant opportunity for real estate professionals across the country.” Continue Reading Canadian Video Marketing Platform Roomvu Expands to US Market
ElmTree Funds Launches Two Industrial Property-Focused REITs
For its initial investment, the REITs acquired a 169,543 square-foot industrial property located in St. Louis. Continue Reading ElmTree Funds Launches Two Industrial Property-Focused REITs
Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
Andreesen and his wife acquired the 1.54-acre property in 2007 for $16.6 million. Continue Reading Billionaire Investor Marc Andreesen Lists Mansion for $33.3 Million
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