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New Forecast Points to Declining Vacancy Rate for Industrial Real Estate

New Forecast Points to Declining Vacancy Rate for Industrial Real Estate

by Phil Hall | Apr 30, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The national industrial real estate vacancy rate remained in the mid-7% range entering the second quarter and is expected to edge higher into 2027 before rolling into a gradual decline, according to a revised forecast from CoStar Group. Under the revised forecast,...
Pepperlot Launches Online Marketplace for Restaurant Real Estate

Pepperlot Launches Online Marketplace for Restaurant Real Estate

by Phil Hall | Apr 30, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Pepperlot, an online marketplace for restaurant real estate, has launched at pepperlot.com. According to the Los Angeles-based company, the platform is open to brokers, agents, landlords, tenant representatives, and restaurant operators across the US. Brokers and...
New Listings Increased in April as Median Home Prices Declined

New Listings Increased in April as Median Home Prices Declined

by Phil Hall | Apr 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The nationwide level of new listings during April increased by 8.7% from the previous month and was up by 1.1% from one year earlier, according to new data from Realtor.com. The expanded quantity of new listings was greatest in the Northeast (up 9.4% from April 2025)...
Mill Creek Residential Breaks Ground on Mixed-Use New Jersey Community

Mill Creek Residential Breaks Ground on Mixed-Use New Jersey Community

by Phil Hall | Apr 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The rental housing developer and owner-operator Mill Creek Residential has broken ground on Modera Garden State Plaza, a mixed-use community located within the Westfield Garden State Plaza shopping center in Paramus, New Jersey. According to the company, Modera Garden...
RentCafe Debuts ChatGPT App

RentCafe Debuts ChatGPT App

by Phil Hall | Apr 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The rental housing platform RentCafe has become the latest real estate company to have an app on ChatGPT. According to the Santa Barbara, California-based company, the new app will enable renters to search, compare, and explore up-to-date apartment listings using...
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