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CMBS Delinquency Rate Surges Above the 7% Mark

CMBS Delinquency Rate Surges Above the 7% Mark

by Phil Hall | Apr 30, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The commercial mortgage-backed securities (CMBS) delinquency rate passed the 7% mark for the first time since January 2021, according to new data from Trepp Inc. April’s delinquency rate of 7.03% marked a 38 basis points month-over-month increase, with the overall...
Justice Dept. Files Statement of Interest Supporting a New Hampshire Church in Land Use Case

Justice Dept. Files Statement of Interest Supporting a New Hampshire Church in Land Use Case

by Phil Hall | Apr 30, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

For the second time this month, the U.S. Department of Justice (DOJ) filed a statement of interest in support of a church that said its rights were being violated under the Religious Land Use and Institutionalized Persons Act (RLUIPA). The new case involves Grace New...
Nebraska Woman Jailed for Deed Theft Gets Paroled and Repeats Her Crime at the Same Property

Nebraska Woman Jailed for Deed Theft Gets Paroled and Repeats Her Crime at the Same Property

by Phil Hall | Apr 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Nebraska woman who was granted parole after serving a prison term for deed theft was arrested for repeating the crime that put her behind bars – with the same property from her first arrest! KNEB reports Londa Neal and her then-husband Barry ran afoul of the law in...
Pending Home Sales Jump by 6.1%

Pending Home Sales Jump by 6.1%

by Phil Hall | Apr 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales surged by in March, marking the greatest month-to-month increase since December 2023. The National Association of Realtors’ (NAR) Pending Home Sales Index was up by 6.1% month-over-month to a reading of 76.5 in March; an index of 100 is equal to the...
Trump Organization to Create Hotel and Tower in Dubai

Trump Organization to Create Hotel and Tower in Dubai

by Phil Hall | Apr 30, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump Organization has partnered with the luxury real estate developer Dar Global to announce plans to create the Trump International Hotel & Tower in Dubai. The project will be the first Trump International Hotel & Tower in the Middle East and the fifth...
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