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Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
SEC Charges New Hampshire Developer with Defrauding Real Estate Investors
The Securities and Exchange Commission (SEC) has charged Robynne Alexander, a real estate developer based in Manchester, New Hampshire, with defrauding investors through schemes that resulted in at least $3 million in losses. According to the SEC’s complaint,...
Walker & Dunlop Arranges $170 Million Financing for Mixed-Use Salt Lake City Complex
Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory services firm, has secured $170 million to refinance Post District, a mixed-use complex located in Downtown Salt Lake City. Post District opened in...
Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
NEWS & CURRENT EVENTS
Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty
Blaylock previously served as senior vice president of HomeServices of America Inc., a Berkshire Hathaway affiliate. Continue Reading Mary Lee Blaylock Named Brokerage President at Sotheby’s International Realty
FHFA Director Pulte Offers Mixed Messaging on the Regulator’s Operations
The messages were all posted to Pulte’s personal X account, which he has used exclusively for communications purposes since becoming appointed as FHFA director. Continue Reading FHFA Director Pulte Offers Mixed Messaging on the Regulator’s Operations
JPMorgan Chase Expands Size of San Francisco Regional HQ
The bank will lease an additional 65,000 square feet at 560 Mission Street. Continue Reading JPMorgan Chase Expands Size of San Francisco Regional HQ
The NRP Group Breaks Ground on Mixed-Income Housing Community Outside of Dallas
The development will also include a 2.5-acre public park that is accessible both residents and the broader Anna community. Continue Reading The NRP Group Breaks Ground on Mixed-Income Housing Community Outside of Dallas
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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.
Texas Home Sales Dropped 11% in 2023
Statewide, homes remained on the market an average of 55 days, 20 days more than in 2022. Continue Reading Texas Home Sales Dropped 11% in 2023
Foreclosure Activity Records Annual Increase
Lenders repossessed 3,397 properties through completed foreclosures (REOs) in February. Continue Reading Foreclosure Activity Records Annual Increase
Hispanic Homeownership Rate Reached 49.5% in 2023
The Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 owner-households – the largest single-year increase since 2005 and the largest homeownership rate upswing for any racial or ethnic demographic group compared to the year prior, according...
Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023
The AIMI fell nationally and in all 25 regional markets measured for the fourth quarter of 2023, Continue Reading Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023
Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property
The financing will fund the construction of 15 additional units in the building for a total of 133 units. Continue Reading Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property
Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Since 1985, incomes have risen 3.2 times while home prices rose 5.6 times during the same period. Continue Reading Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Redfin Expands Sign & Save Program for Homebuyers
The program was piloted in a handful of markets last September and was launched in additional markets in January. Continue Reading Redfin Expands Sign & Save Program for Homebuyers
DR Horton Makes Strategic Investment in 3D Printing Construction Firm
The homebuilder D.R. Horton (NYSE:DHI) has made a strategic investment in Apis Cor, a manufacturer of construction 3D printing robotic technologies. According to the companies, they will collaborate on a multi-unit construction project in South Florida after the...
Pennsylvania Homeowner Assistance Fund to Reopen
PHFA estimated that between $48 million and $50 million in remaining PAHAF funds will be available. Continue Reading Pennsylvania Homeowner Assistance Fund to Reopen
Inflation Up in February – How Will That Impact Fed Rate Cuts?
“The heavyweight component of housing/shelter decelerated to 5.7%,” said NAR Chief Economist Lawrence Yun. Continue Reading Inflation Up in February – How Will That Impact Fed Rate Cuts?
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