Erie County real estate transactions | Business Local

Erie County real estate transactions | Business Local

Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending June 10, 2022. • 3 Brodies Way, K&d Development LLC to Kathryn Neelon; Michael A. Neelon, $69,900. • 13070 Broadway Street, Petschke Properties LLC to Resale&management Solutions LLC, $470,000. • 26 Lockhart Circle, Felisha

Paul Allen Estate Sells Millions in Real Estate in Seattle, NYC

Paul Allen Estate Sells Millions in Real Estate in Seattle, NYC

Paul Allen’s estate recently sold 10 properties in New York and Seattle for a total of $168 million. Allen, the Microsoft cofounder who died in 2018, had a massive trust that included pro sports teams. Reports have indicated that Allen’s sister must liquidate the trust and donate the proceeds.  Loading Something is loading. Paul Allen’s

Wilton Real Estate Report (July 22-29, 2022): 2 Commercial and 14 Residential Properties Change Hands

Wilton Real Estate Report (July 22-29, 2022): 2 Commercial and 14 Residential Properties Change Hands

Each week the Wilton Town Clerk’s office releases data for the prior week’s real estate transactions. For the one-week period from July 22-28, 2022, Town Clerk Lori Kaback reported a stunning 16 property transfers. Two of those properties were commercial properties, including 12 Godfrey Place in Wilton Center and 213 Danbury Rd. 12 Godfrey Place The property was

Criminal Charges Filed Against Real Estate Company At Center Of LAist Studio’s ‘California City’ Podcast

Criminal Charges Filed Against Real Estate Company At Center Of LAist Studio’s ‘California City’ Podcast

Start your day with LAist Sign up for the Morning Brief, delivered weekdays. In my podcast California City, I told the story of a small town in the Mojave Desert where, for more than six decades, salespeople have been peddling nearly worthless desert land to unsuspecting people. Now, the California Attorney General has charged nine

‘There’s a transition going on’ in commercial real estate

‘There’s a transition going on’ in commercial real estate

Marcus and Millichap CEO Hessam Nadji joins Yahoo Finance Live to discuss the commercial real estate market, buyer-seller expectations, rising interest rates, economic uncertainty, and the outlook for consumers. Video Transcript [MUSIC PLAYING] – Commercial real estate is taking a hit from higher interest rates, with the number of transactions in the second quarter falling

Real Estate Stocks Fall As US Housing Wavers Under Rates Pressure

Real Estate Stocks Fall As US Housing Wavers Under Rates Pressure

Real estate stocks Redfin and Compass have both dropped roughly 25% over the last five days.  Both companies announced layoffs this week as the US housing market stalls under pressure from rising rates.  Mortgage applications have plunged, and luxury home sales have dropped 18% year-over-year. Loading Something is loading. Stocks of real estate companies including

Real estate companies Compass, Redfin to cut workforce

Real estate companies Compass, Redfin to cut workforce

Real estate companies Compass and Redfin are planning to cut their workforces since housing sales dropped.  Both companies submitted filings with the Securities and Exchange Commission showing the layoffs.  Compass said they would be laying off 10 percent of workers, 450 employees, while Redfin is firing six percent, 470 employees.  Redfin CEO Glenn Kelman said

Real estate firms Compass and Redfin announce layoffs as housing market slows

Real estate firms Compass and Redfin announce layoffs as housing market slows

Real estate firms Redfin and Compass are laying off workers, as mortgage rates rise sharply and home sales drop. In filings with the Securities and Exchange Commission, Compass announced a 10% cut to its workforce, and Redfin announced an 8% cut. Shares of both companies fell Tuesday. Redfin’s stock touched a new 52-week low. Rising

Dallas-Based Real Estate Investment Office Continues to Infiltrate St. Louis Market

Dallas-Based Real Estate Investment Office Continues to Infiltrate St. Louis Market

Sealy & Company Acquires Five-Building Industrial Portfolio DALLAS, September 08, 2021–(BUSINESS WIRE)–Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of a five-building industrial real estate portfolio in St. Louis, Missouri, totaling 554,007 square feet. The transaction was made for