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CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds

CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds

by Phil Hall | Oct 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The former chief financial officer (CFO) for a Los Angeles-based affordable housing developer was arrested for using state grant funds to pay for his personal expenses. According to an affidavit filed with the complaint, the California Department of Housing and...
REMAX: Home Sales Up by 8.5% Year-Over-Year

REMAX: Home Sales Up by 8.5% Year-Over-Year

by Phil Hall | Oct 17, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

September’s home sales were up 8.5% year-over-year, according to the latest REMAX National Housing Report. This marked the fourth month in 2025 where sales outpaced the previous year. Also in September, the active housing inventory was up 20% from one year earlier in...
Chicago Housing Authority Sues HUD Over New Anti-DEI Mandates in Grant Programs

Chicago Housing Authority Sues HUD Over New Anti-DEI Mandates in Grant Programs

by Phil Hall | Oct 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Housing Authority (CHA) has filed a lawsuit against the US Department of Housing and Urban Development (HUD) over new policies designed to eliminate funding for diversity, equity, and inclusion (DEI) mandates. According to the Chicago Sun-Times, CHA argued...
Howard Hanna Acquires Manhattan’s Elegran Real Estate

Howard Hanna Acquires Manhattan’s Elegran Real Estate

by Phil Hall | Oct 16, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Pittsburgh-headquartered Howard Hanna Real Estate Services, the nation’s fifth-largest real estate company, has announced its acquisition of Manhattan-based Elegran Real Estate. The financial details of the deal were not disclosed. Elegran agents will join Howard...
91-Unit Rental Home Community Opens in Edmonton

91-Unit Rental Home Community Opens in Edmonton

by Phil Hall | Oct 16, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new 91-unit rental home community has opened in Edmonton, Alberta. The Parkside North Townhomes were built on the former military base Griesbach Barracks. The development was funded with $44.9 million provided by Canada’s federal government, Canada Lands and the...
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