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Hits and Misses for the Real Estate Week of Jan. 1-5

Hits and Misses for the Real Estate Week of Jan. 1-5

by Phil Hall | Jan 5, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

Two office properties facing new futures, a rock legend who can’t sell his house and a new St. Louis Fed chief. From the wild and wooly world of real estate, here are the hits and misses for the week of Jan. 1-5. Hit: A New Life for an Old Office Property: The...
Rocket Companies Taps Jonathan Mildenhall as Chief Marketing Officer

Rocket Companies Taps Jonathan Mildenhall as Chief Marketing Officer

by Phil Hall | Jan 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Rocket Companies (NYSE: RKT) announced the appointment of Jonathan Mildenhall to the newly created position of chief marketing officer (CMO), effective Jan. 8. In this new role, Mildenhall will be responsible for creating a unified and compelling voice for all...
Two Towers in Detroit’s Renaissance Center are Sold

Two Towers in Detroit’s Renaissance Center are Sold

by Phil Hall | Jan 3, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Friedman Real Estate, a Farmington Hills, Michigan-based commercial property firm, has acquired two of the seven office towers within Detroit’s Renaissance Center complex. According to a Detroit Free Press report, the company acquired the 21-story Towers 500 and 600...
Rocket Companies Adds CEO Varun Krishna to Board of Directors

Rocket Companies Adds CEO Varun Krishna to Board of Directors

by Phil Hall | Dec 29, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Detroit-based Rocket Companies Inc. (NYSE:RKT) announced the expansion of its board of directors from seven to eight with the addition of CEO Varun Krishna to serve as a Class III director. Krishna’s directorship became effective on Dec. 21 for a term expiring at the...
Revela Raises $9 Million in Series A Funding

Revela Raises $9 Million in Series A Funding

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Revela, a Detroit-headquartered property management software provider, has raised a $9 million Series A funding round. This marks Revela’s inaugural fundraising initiative since its founding. The company said the newly-raised funds will be used to strengthen...
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