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The service launched in beta form on July 1, 2013, on CBS affiliate WDJT-TV in Milwaukee, Wisconsin (owned by Weigel Broadcasting) over its fourth digital subchannel, [2] replacing a time-purchased real estate listings service that was programmed by local realtor Shorewest Realtors. [3] The service officially launched on September 16, 2013. [4]
In 2009, Weigel brokered subchannel 58.4 to Shorewest Realtors of Brookfield, Wisconsin, which since 2005 had been producing a local cable channel showing real estate listings. [70] [71] Shorewest TV ceased broadcasting over the air in 2013 as the real estate agency concentrated on its website, including a new streaming channel. [72]
LoopNet was an early venture in Internet-based user-created content. As early as October 1996 virtually all of its commercial property listings were being entered by its users directly. Over time, LoopNet added the capability to import listings in an automated manner. [citation needed] In 2001, the company merged with PropertyFirst.com. [3]
The company was founded by Chicago broadcasting veteran John Weigel, whose career dated back to the 1930s. With $1,000 of his own money and another $1,000 from his attorney, Daniel J. McCarthy, Weigel bought the broadcasting license for what became the first UHF television station in the Chicago area.
The relative strength of the market is measured by the US Commercial Real Estate Index which is composed of eight economic drivers and is calculated weekly. According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy.
Broadcaster Networks iHeartMedia: Premiere Networks. The Clay Travis and Buck Sexton Show; Fox News Radio; Fox Sports Radio; TheBlaze Radio Network; TTWN Media Networks