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Toys R Us to Open New Wave of Flagship and Seasonal Stores
20 locations are either currently open or will soon open on a seasonal basis at malls in 17 states. Continue Reading Toys R Us to Open New Wave of Flagship and Seasonal Stores
Toys R Us to Open New Wave of Flagship and Seasonal Stores
20 locations are either currently open or will soon open on a seasonal basis at malls in 17 states. Continue Reading Toys R Us to Open New Wave of Flagship and Seasonal Stores
Marriott Acquires CitizenM Hotel Brand for $355 Million
Marriott International (NASDAQ: MAR) has acquired the hotel brand CitizenM for $355 million. According to the companies, the CitizenM global portfolio encompasses 36 open hotels comprising 8,544 rooms across more than 20 cities in the US, Europe and Asia Pacific,...
Webstar Technology Group to Tokenize Real Estate Assets
The Atlanta-headquartered real estate development company Webstar Technology Group (OTCMKTS: WBSR) announced a strategic initiative to integrate cryptocurrency tokenization into its current and future real estate ventures. The company said it will utilize blockchain...
Caribbean-Focused Blue Mahoe Capital Secures Nasdaq Ticker
Blue Mahoe Capital Inc., a Miami-based investment firm primarily focused on affordable housing and asset management in the Caribbean, has reserved the ticker symbol "IRIE" with Nasdaq ahead of plans for a potential public offering and future listing. The company also...
NEWS & CURRENT EVENTS
DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Four FEMA employees who conducted the transaction, including Chief Financial Officer Mary Comans, have been fired by the DHS. Continue Reading DHS Claws Back $59 Million Given to NYC Hotels Housing Illegal Immigrants
Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
The typical home that sells takes 56 days to go under contract, the longest span in nearly five years. Continue Reading Report: Typical Homebuyer Pays Roughly 2% Less Than the List Price
PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
The first installment of the series will feature 20 short videos. Continue Reading PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers
Canada is dealing with a population that swelled by 17.4% between 2006 and 2021. Continue Reading New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Susan Just Named SVP/Chief Credit Officer at Heritage Bank of Commerce
She was most recently the executive vice president and chief credit officer of Santa Cruz County Bank. Continue Reading Susan Just Named SVP/Chief Credit Officer at Heritage Bank of Commerce
FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million
The program provides $15,000 in down payment assistance to those who are first-time nonwhite homebuyers in Indiana and Michigan. Continue Reading FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million
Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them
For the 15th consecutive year, Florida remained the top destination for foreign buyers, accounting for 23% of all international purchases. Continue Reading Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them
MBA: $480.1 Billion in Multifamily Mortgages During 2022
Last year’s total was generated by 2,242 lenders. Continue Reading MBA: $480.1 Billion in Multifamily Mortgages During 2022
San Francisco Forces Elon Musk to Remove ‘X’ Sign From Top of Twitter HQ
The city said it received 24 complaints about the sign. Continue Reading San Francisco Forces Elon Musk to Remove ‘X’ Sign From Top of Twitter HQ
Lisa Yeh Named President of Sentral
Sentral, a Los Angeles-headquartered residential hospitality company, promoted Lisa Yeh to president, effective today. Continue Reading Lisa Yeh Named President of Sentral
CBC Mortgage Agency Adds USDA Loans to Correspondent Offerings
USDA loans offer 100% financing for low- and moderate-income borrowers in eligible rural areas. Continue Reading CBC Mortgage Agency Adds USDA Loans to Correspondent Offerings
Canadian Fintech Bloom Finance Co. Expands Reverse Mortgage Platform to Alberta
The expansion follows Bloom’s launch in Ontario in 2021 and British Columbia in 2022. Continue Reading Canadian Fintech Bloom Finance Co. Expands Reverse Mortgage Platform to Alberta
A Phil Hall Op-Ed: Should Biden Pay Homeowners to Sell Their Properties?
The ideas being offered are fascinating, albeit by default rather than design since no other ideas are forthcoming. Continue Reading A Phil Hall Op-Ed: Should Biden Pay Homeowners to Sell Their Properties?
Howard Hughes’ One-Time LA Mansion Listed for $23 Million
Hughes’ rise to aviation and filmmaking prominence came during his years at the mansion. Continue Reading Howard Hughes’ One-Time LA Mansion Listed for $23 Million
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