Wire Real Estate

The former general counsel for Frisco, Texas-based real estate investment and development company Tekin & Associates has filed suit against her former employer, claiming wrongful dismissal in response to her request to work from home during the current COVID-19 outbreak. As a resident of Dallas County subjected to the county’s shelter-in-place orders designed to stem the transmission of … Continue reading Lawsuit Filed Against Real Estate Company for Firing Employee Who Asked to Work Remotely During ‘Shelter-in-Place’ Orders Continue Reading →

Redfin (www.redfin.com), the technology-powered real estate brokerage, announced it launched Direct Access, a program that lets prospective buyers self-tour vacant Redfin listings on their own schedule, without an agent. Prospective buyers can now use the Redfin app to unlock doors and tour these homes, potentially generating more foot traffic and more interest for Redfin’s home-selling customers. Launched … Continue reading Redfin Launches Self-Tour Feature for Vacant Home Listings Continue Reading →

Home-buying demand shook off more than 5 million new claims for unemployment assistance and continued to strengthen this week, according to Redfin’s latest weekly report. Redfin is introducing a new measure for home-buying demand to get a clearer picture of the impact of the coronavirus pandemic. The new measure compares the daily number of homebuyer inquiries, … Continue reading Home-buying Demand Strengthens Despite Stricter Lending Standards, Inventory Shortage Looms Continue Reading →

The Bank of Princeton (the “Bank”) (NASDAQ – BPRN) today reported unaudited results of operations and financial condition for the quarter ended March 31, 2020.  The Bank reported net income of $3.0 million, or $0.44 per diluted common share, for the first quarter of 2020, compared to net income of $3.4 million, or $0.49 per diluted common share, for the fourth quarter of 2019, … Continue reading The Bank of Princeton Announces First Quarter 2020 Results Continue Reading →

Covid-19 raises the risk that hard-hit retailers will enter landlord negotiations with faulty or incomplete information about their own stores, leases and co-tenants, warns Peter Wilson, a Managing Director at A&G Real Estate Partners, in an Expert Analysis piece for Chain Store Age Online.   Wilson: “Incomplete or even sloppy lease administration slows the entire process down-something … Continue reading Bad Information Threatens to Undermine Retailers’ Negotiating Positions with Landlords, Cautions A&G Executive Continue Reading →

Walker & Dunlop, Inc. announced today that its investment sales group, Walker & Dunlop Investment Sales, completed the sale of six multifamily communities in Denton, Texas. Located in a northern suburb of Dallas-Fort Worth, the portfolio comprises Locust 210 Lofts, Victoria Heights, Victoria Station, Victoria Village, The Adagio, and Locust Street Terrace Apartments. Denton Portfolio Sale Totaling 325 units and more than 18,000 square … Continue reading Walker & Dunlop Arranges Sale of Six Texas Apartment Communities, Totaling 325 Units Continue Reading →

VEREIT, Inc. (NYSE: VER) (“VEREIT” or the “Company”) today announced that it expects to issue, jointly with its operating partnership, VEREIT Operating Partnership, L.P. (the “Operating Partnership”), its First Quarter 2020 Quarterly Report on Form 10-Q on Wednesday, May 20, 2020.  The Company will also host an earnings conference call, which will also be webcasted, on the same … Continue reading VEREIT® Announces First Quarter 2020 Quarterly Report Date and Provides Company and COVID-19 Update Continue Reading →

Home sales slipped and the number of homes listed for sale plunged as the U.S. coronavirus crisis turned into a national emergency in March, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. However, the U.S. median home sale price continued to increase, gaining 7.1% year over year and 3.3% month over month … Continue reading US Housing Market Reverses Course in March with Coronavirus Shutdowns Continue Reading →

Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced results for the quarter ended March 31, 2020.  All per share amounts included herein are on a diluted per common share basis unless otherwise stated. First Quarter 2020 Financial and Operating Highlights: Invested $231.2 million in 55 retail net lease properties Completed three development and Partner Capital Solutions (“PCS”) projects … Continue reading Agree Realty Corporation Reports First Quarter 2020 Results Continue Reading →

– Walker & Dunlop, Inc. (NYSE: WD) today announced a change in the place of its 2020 Annual Meeting of Stockholders (the “Annual Meeting”), to be held on Thursday, May 14, 2020, at 10:00 a.m., Eastern Daylight Time, due to the public health risks and associated stay at home orders related to the coronavirus pandemic. The Annual Meeting will be … Continue reading Walker & Dunlop Announces Change of Place of 2020 Annual Meeting of Stockholders Continue Reading →