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Now Open: The World’s Most Expensive Real Estate Development

Now Open: The World’s Most Expensive Real Estate Development

by Phil Hall | Dec 5, 2024 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

Monaco is home to a new development that makes Dubai look like an affordable housing project. The Times of London reports the tiny European principality has opened, Mareterra, a 14-acre district built on land reclaimed from the sea. Homebuyers in Mareterra have a...
$15.85 Million Home Sale Breaks Record for North Carolina

$15.85 Million Home Sale Breaks Record for North Carolina

by Phil Hall | Nov 25, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Carolina scored a new record-breaking home sale with a $15.85 million transaction in the state’s Blue Ridge Mountains. According to Mansion Global, the approximately 13,500-square-foot home on a 7.64-acre is in Banner Elk, an affluent vacation destination...
Montana’s Cromwell Island Listed for $72 Million

Montana’s Cromwell Island Listed for $72 Million

by Phil Hall | Nov 25, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Cromwell Island, the largest freshwater island under single ownership in the western US, has been listed for $72 million. The 348-acre island is located approximately one hour from Glacier National Park on Flathead Lake in Montana and can be reached by a ferry....
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate

by Phil Hall | Nov 20, 2024 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investor Bo Belmont and his company, Belwood Investments, have made a $30 million offer on the Los Angeles home of the jailed music mogul Sean “Diddy” Combs. Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60...
Hits and Misses for the Real Estate Week of Nov. 11-15

Hits and Misses for the Real Estate Week of Nov. 11-15

by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 11-15. Hit: Let’s Not Go, Brandon. Praise goes this...
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