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Hyatt Launches New Upscale Hotel Brand

Hyatt Launches New Upscale Hotel Brand

by Phil Hall | May 30, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chicago-headquartered Hyatt Hotels Corporation (NYSE: H) has unveiled Unscripted by Hyatt, the newest brand in its Essentials portfolio. According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.”...
Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income

Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income

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

A new bill has been introduced in the Ohio legislature that would enact a 50% reduction in the property tax of any homeowner age 65 or older, regardless of income. Vindy.com reports the bill authored by State Sen. Al Cutrona (R-Canfield) would come in addition to the...
Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex

Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex

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

A father and son team pleaded guilty to securities fraud and aggravated identity theft in connection with their scheme to defraud investors of more than $280 million in two municipal bond offerings tied to the construction of the 320-acre Legacy Park sports complex in...
Home Vacancy Rate Holds Steady for 13th Straight Quarter

Home Vacancy Rate Holds Steady for 13th Straight Quarter

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

Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant in the second quarter, according to new data from ATTOM. This marks the 13th consecutive quarter that the vacancy rate has hovered around 1.3%. ATTOM’s analysis found 222,358...
Cyberattack Shuts Down Real Estate Transactions in Wisconsin County

Cyberattack Shuts Down Real Estate Transactions in Wisconsin County

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

Real estate transactions in a Wisconsin’s county came to a halt following an April ransomware cyberattack that deleted the county’s network, erasing the titles needed to close on properties. WMTV reports the attack occurred last month in the state’s Iowa County,...
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