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Stanley Martin Homes Acquires United Homes Group for $221 Million

by Phil Hall | Feb 23, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Reston, Virginia-based Stanley Martin Homes LLC, a homebuilder focused on the Mid-Atlantic and Southeast regions, is acquiring Columbia, South Carolina-headquartered United Homes Group Inc. (NASDAQ: UHG) in an all-cash transaction valued at approximately $221 million....
South Dakota Senate Rejects Property Tax Exemption Increase for Disabled Veterans

South Dakota Senate Rejects Property Tax Exemption Increase for Disabled Veterans

by Phil Hall | Feb 23, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The South Dakota Senate rejected a bill that would have expanded the property tax exemption for permanently and totally disabled veterans and their surviving spouses. KOTA reports Senate Bill 126, which would have increased the exemption level from $200,000 to...
Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium

Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium

by Phil Hall | Feb 23, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Veris Residential Inc. (NYSE: VRE) a Northeast-focused multifamily real estate investment trust, announced it is being acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners in an all-cash transaction for $19.00 per share of...
ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City

ESPN’s Stephen A. Smith Blasts ‘Very, Very Stupid’ Chicago for Letting Bears Leave the City

by Phil Hall | Feb 23, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

ESPN host Stephen A. Smith criticized Chicago officials after Illinois Gov. JB Pritzker acknowledged the Chicago Bears will not get a new stadium within their namesake city. On Friday, the Chicago Tribune reported Pritzker stated, “I think now there’s a common...
US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center

US and Pakistan Sign MoU to Renovate Historic NYC Hotel-Turned-Migrant Center

by Phil Hall | Feb 23, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The US and Pakistan governments have signed a Memorandum of Understanding (MoU) for the renovation of New York City’s historic Roosevelt Hotel, which has been vacant since June after operating for three years as a migrant center. The agreement was negotiated by US...
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