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California Gov. Newsom Lists Sacramento-Area Mansion for $7.5 Million

California Gov. Newsom Lists Sacramento-Area Mansion for $7.5 Million

by Phil Hall | Aug 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom and wife Jennifer Siebel Newsom have listed their Sacramento-area mansion for sale at $7.5 million. The New York Post reports the 12,000-square-foot Fair Oaks home is located on an eight-acre parcel in a gated community. The listing for...
$350 Million Mixed-Use District Planned for Chattanooga Riverfront Development

$350 Million Mixed-Use District Planned for Chattanooga Riverfront Development

by Phil Hall | Aug 25, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A $350 million retail and residential district is being planned for The Bend, a master-planned, mixed-use riverfront development spanning more than 120 acres along the Tennessee River in downtown Chattanooga. A partnership of the developers Urban Story Ventures and...
Boston Office Tower Sells for $435 Million

Boston Office Tower Sells for $435 Million

by Phil Hall | Aug 25, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

One Marina Park Drive, a 494,938-square-foot Class A office tower in Boston’s Seaport District, has been sold for $435 million. The 18-story building was constructed in 2010 as the anchor commercial asset of The Fallon Company’s $4 billion Fan Pier...
Philadelphia’s Tioga-Franklin Savings Bank Becomes Fifth Bank Failure of the Year

Philadelphia’s Tioga-Franklin Savings Bank Becomes Fifth Bank Failure of the Year

by Phil Hall | Aug 24, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Philadelphia’s Tioga-Franklin Savings Bank has become the nation’s fifth bank failure of the year. The $68 million-asset Black-owned bank was closed on Friday by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corp....
Knightvest Capital Acquires 3 Austin-Area Multifamily Communities

Knightvest Capital Acquires 3 Austin-Area Multifamily Communities

by Phil Hall | Aug 24, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Dallas-based multifamily investment firm Knightvest Capital has acquired a portfolio of three multifamily communities totaling 1,027 units in the Austin suburb of Round Rock, Texas. The acquisition, which represents the 20th investment in Knightvest’s Fund...
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