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REIT Executive Indicted for Misrepresenting Income on Mortgage Application

REIT Executive Indicted for Misrepresenting Income on Mortgage Application

by Phil Hall | Jun 2, 2026 | Current News & Events, Mortgage Information, Real Estate Investing, Real Estate News, WRE News Exclusive

Brandon “Dutch” Mendenhall, the co-founder of RAD Diversified REIT, has been indicted on one count of mail fraud for allegedly submitting false information during the purchase of his $1.6 million house. According to the indictment announced by the US...
Report: Typical Homebuyer’s Down Payment at $64,000

Report: Typical Homebuyer’s Down Payment at $64,000

by Phil Hall | Jun 2, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical homebuyer’s down payment in March was $64,000 in March, a 1.5% year-over-year decline. According to a new data report from Redfin, the typical homebuyer puts down 15% of a home’s purchase price, compared to 16.1% in March 2025. Redfin analyzed county...
CMBS Delinquency Rate Up by One Basis Point

CMBS Delinquency Rate Up by One Basis Point

by Phil Hall | Jun 2, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) inched up by one basis point to 7.55% in May, according to new data from Trepp Inc. One year ago, the CMBS delinquency rate was 7.08%. Five large loans accounted for $1.86 billion of the $4.04...
The Real Brokerage Expands Canadian Presence into New Brunswick

The Real Brokerage Expands Canadian Presence into New Brunswick

by Phil Hall | Jun 2, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) has expanded its presence across Canada with the addition of Creativ Realty, an independent brokerage led by Martin Gallant. Moncton-headquartered Creativ Realty operates across southeast New Brunswick and gained prominence as a...
Realtor.com Debuts RealAssist AI, a New Home Search Tool

Realtor.com Debuts RealAssist AI, a New Home Search Tool

by Phil Hall | Jun 2, 2026 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Realtor.com is now offering RealAssist AI, a home search tool designed to help buyers find a home through natural conversation and AI smart prompts. According to the company, the new tool was built with Google’s Gemini and Google Cloud and can help users compare...
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