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Mortgage Application Activity Declines by 2.5%

Mortgage Application Activity Declines by 2.5%

by Phil Hall | Jun 3, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed again for the week ending May 29, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Memorial Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Billion

Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Billion

by Phil Hall | Jun 3, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

BKM Capital Partners and the investment firm Kayne Anderson Real Estate have acquired a 51-property, 8.5 million-square-foot portfolio from the Link Logistics portfolio for $1.81 billion. The acquired portfolio includes multi-tenant light industrial properties across...
Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

by Phil Hall | Jun 3, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median list prices fell 2.4% year-over-year during May, according to a new report from Realtor.com. This marked the steepest decline in data recorded by Realtor.com since 2017. The national median list price was $429,500 in May, up 1.1% from April but down 2.4% from...
June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack

June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack

by Phil Hall | Jun 3, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Hilco Global Real Estate Practice, in cooperation with Province LLC, has announced a June 26 deadline for qualified bids on the real estate of Hawthorne Race Course, the historic horse racing venue located 10 miles from downtown Chicago. The auction is being...
Toronto Home Sales Surge Amid Steep Drop in New Listings

Toronto Home Sales Surge Amid Steep Drop in New Listings

by Phil Hall | Jun 3, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A total of 6,583 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in May, a 6.3% year-over-year increase. This occurred despite an 18.8% year-over-year decline in new listings, which amounted to 17,698 last month. On a...
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