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Redfin Investor Sues to Halt Acquisition by Rocket Companies

Redfin Investor Sues to Halt Acquisition by Rocket Companies

by Phil Hall | May 8, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
Analysts Forecast Hurricane Milton Could Damage Disney’s Earnings

Analysts Forecast Hurricane Milton Could Damage Disney’s Earnings

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Walt Disney Co. (NYSE: DIS) is keeping its Disney World theme park in Orlando open as Hurricane Milton approaches Florida, and a new projection by Goldman Sachs analysts warns the storm could damage the entertainment giant’s earnings. CNBC reported the new Goldman...
Goldman Sachs Executive Beth M. Hammack to Lead Cleveland Fed

Goldman Sachs Executive Beth M. Hammack to Lead Cleveland Fed

by Phil Hall | May 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve Bank of Cleveland announced the appointment of Beth M. Hammack as its next president and CEO, effective Aug. 21. Hammack will succeed Loretta J. Mester, whose tenure ends on June 30, as per Federal Reserve mandatory age and length-of-service...
Refinancing Secured for Landmark NYC Building

Refinancing Secured for Landmark NYC Building

by Phil Hall | Feb 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Capital Markets Group at JLL (NYSE:JLL) has secured the $395 million refinancing of 70 Pine St., a landmarked 66-story property in the heart of New York City’s Financial District. The property was built in 1932 as the offices of Cities Service Company (later known...
Neil Wolitzer Tapped to Run Evercore’s Real Estate Investment Banking Group

Neil Wolitzer Tapped to Run Evercore’s Real Estate Investment Banking Group

by Phil Hall | Jan 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Evercore (NYSE: EVR), a New York City-based investment banking advisory firm, has hired Neil Wolitzer as a senior managing director in the real estate investment banking group. Wolitzer was formerly a partner and managing director in the real estate investment banking...
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