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Simon to Begin Renovations and Upgrades at 3 Mall Properties

Simon to Begin Renovations and Upgrades at 3 Mall Properties

by Phil Hall | Feb 5, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Simon Property Group (NYSE: SPG), the Indianapolis-based real estate investment trust, announced an investment program of more than $250 million to further elevate three retail assets in its portfolio: The Mall at Green Hills in Nashville, Cherry Creek Shopping Center...
Mortgage Rates Inch Up for Third Straight Week

Mortgage Rates Inch Up for Third Straight Week

by Phil Hall | Feb 5, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to rise for the third straight week, albeit with incremental upticks, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5, up slightly from...
The Agency Opens First Location in West Virginia

The Agency Opens First Location in West Virginia

by Phil Hall | Feb 5, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The real estate brokerage The Agency has opened its first office in West Virginia. Known as The Agency Morgantown, the new location will be led by Managing Partner Ryan Bashour, who is the founder of the mineral rights purchasing agency Pike Energy. “Morgantown...
Former Mayor of NJ Town Convicted in Mortgage Fraud Case

Former Mayor of NJ Town Convicted in Mortgage Fraud Case

by Phil Hall | Feb 5, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A federal jury found the former Mayor of Willingboro Township, New Jersey, and his business associate guilty of mortgage fraud in connection with a fraudulent short sale of real estate. Former Mayor Nathaniel Anderson, who is also a town councilman, and Chrisone D....
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million

FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million

by Phil Hall | Feb 5, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm FCP announced its $41 million acquisition of Cottages of Monroe, a 151-unit cottage-style apartment community in the Charlotte suburb of Monroe, North Carolina. Formerly known as Yardly Monroe, the property consists of one-story,...
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