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Hits and Misses for the Real Estate Week of Oct. 7-11

Hits and Misses for the Real Estate Week of Oct. 7-11

by Phil Hall | Oct 11, 2024 | Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A busy week for NAR, the struggle by Maui’s wildfire survivors, and guess who’s coming to dinner (and breakfast and lunch)? From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 7-11. Hit: NAR Fights Back. The National...
Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

Heritage Affordable Communities Acquires 242 LIHTC Units in the Bronx

by Phil Hall | Oct 10, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Heritage Affordable Communities, a real estate development and preservation company specializing in the affordable housing sector, has acquired 242 Low-Income Housing Tax Credit (LIHTC) units spread across three buildings located in the Bronx, New York. According to...
Work Begins on First Mixed-Use Complex Featuring Costco and Apartments

Work Begins on First Mixed-Use Complex Featuring Costco and Apartments

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new mixed-use development in South Los Angeles will become the first to feature a Costco big box retail store with apartments. A groundbreaking ceremony took place on Sept. 18 at the former site of View Park Community Hospital in the Baldwin Village section of the...
AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’

AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’

by Phil Hall | Sep 18, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Alexandria Ocasio-Cortez (D-NY) is calling for the creation of a new federal entity to build “social housing” and then sell those properties agencies and organizations that would manage them in “permanent affordability.” Ocasio-Cortez, in a New York...
Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030

Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030

by Phil Hall | Sep 13, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The government of Portugal is addressing a nationwide housing shortage by allocating $2.2 billion to construct approximately 33,000 homes by 2030. According a Reuters report, Portugal’s Infrastructure Minister Miguel Pinto Luz said 10,000 of the new homes will have...
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