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China to Introduce Refinancing for Mortgages

China to Introduce Refinancing for Mortgages

by Phil Hall | Sep 30, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

China announced a shift in its housing policy to allow homeowners to refinance their mortgages. The Wall Street Journal reported the People’s Bank of China, the nation’s central bank, will allow borrowers to negotiate with lenders to refinance their home loans using...
Congress Considers Bill Adding Scrutiny to Foreign Adversary Purchases of US Farmland

Congress Considers Bill Adding Scrutiny to Foreign Adversary Purchases of US Farmland

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

New bipartisan legislation before Congress is seeking to add a new layer of scrutiny to acquisitions of US farmland and agricultural industry by nations that are viewed as hostile to American interests. The Protecting American Agriculture from Foreign Adversaries Act...
Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok

Real Estate Developer Frank McCourt Leads ‘People’s Bid’ to Acquire TikTok

by Phil Hall | May 15, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Real estate developer and philanthropist Frank McCourt announced he is organizing a bid to acquire the TikTok social media platform. McCourt, who is executive chairman of McCourt Global and a former owner and chairman of the Los Angeles Dodgers and Dodger Stadium from...
Report: Nearly Half of China’s Cities are Sinking

Report: Nearly Half of China’s Cities are Sinking

by Phil Hall | Apr 22, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Chinese real estate industry’s problems have expanded from economic to ecological woes, as new research published in the journal Science found nearly half of China’s major cities are sinking. Reuters reported 45% of China’s urban land was sinking faster than...
Guest Opinion: Stop China From Buying US Agricultural Land

Guest Opinion: Stop China From Buying US Agricultural Land

by Phil Hall | Mar 27, 2024 | Commercial Real Estate News, Current News & Events, Guest Opinion, Real Estate News, WRE News Exclusive

Kristi Noem is the Governor of South Dakota. This article is adapted and edited from testimony delivered before a recent hearing held by the U.S. House of Representatives’ Committee on Agriculture. I come before you today as the 33rd Governor of South Dakota. My...
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