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California Construction Firm CEO Arrested on Loan Fraud Charges

California Construction Firm CEO Arrested on Loan Fraud Charges

by Phil Hall | Sep 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The CEO of a California construction company was arrested on a federal criminal complaint alleging that he fraudulently obtained more than $4 million in Covid-19 relief funds and federally guaranteed small business loans. According to court documents, Joey Wayne...
National Average for Apartment Rents Down Slightly in August

National Average for Apartment Rents Down Slightly in August

by Phil Hall | Sep 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents in August recorded a national average of $1,713, a slight 0.23% decrease from July’s revised rent of $1,719. According to Apartments.com, an online marketplace of CoStar Group (NASDAQ: CSGP), this marks the second consecutive month of flat or negative...
TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States

TVA in Collaboration to Build 6 Nuclear Plants for 6 GW of Power Across 7 States

by Phil Hall | Sep 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Tennessee Valley Authority (TVA) is partnering with the energy production platform ENTRA1 Energy on an endeavor that will see the creation of six nuclear power plants that will provide up to 6 gigawatts (GW) of new power generation across TVA’s seven-state region....
Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property

Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property

by Phil Hall | Sep 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A mega-church in central Connecticut announced plans to build a five-story apartment complex with 146 affordable units on its property. The Hartford Courant reports First Cathedral in Bloomfield offered an informal presentation to the town’s planning and zoning...
FHFA’s Pulte is ‘Taking a Closer Look’ at Credit Union Risks to Federal Home Loan Banks

FHFA’s Pulte is ‘Taking a Closer Look’ at Credit Union Risks to Federal Home Loan Banks

by Phil Hall | Sep 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Bill Pulte has a new target in his crosshairs – the Federal Housing Finance Agency announced on his personal X account that he is now aiming at credit unions. “Credit Unions are a part of the Federal Home Loan Bank network that we regulate,” said Pulte on his social...
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