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Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants

Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants

by Phil Hall | Jan 14, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Trade Commission (FTC) reportedly preparing to sue Greystar Real Estate Partners, the country’s largest apartment landlord, claiming the firm charged tenants hidden fees. Greystar manages more than 108,000 units. The Wall Street Journal, sourcing its...

Cushman & Wakefield Pushes Back at DOJ Charges of Rent Hike Conspiracy

by Phil Hall | Jan 14, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) is pushing back on charges by the US Department of Justice (DOJ) that it has engaged with other companies in conspiring to jack up rents through the use of the RealPage software, arguing it is not a landlord and is not in the...
Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue

Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue

by Phil Hall | Jan 14, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Philadelphia 76ers have abruptly cancelled plans for a new $1.3 billion Center City arena project and instead announced plans to play in a new stadium complex in South Philadelphia. NBC Philadelphia reports Philadelphia Mayor Cherelle Parker led a press conference...
Report: The Best State for Raising a Family Is…

Report: The Best State for Raising a Family Is…

by Phil Hall | Jan 14, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

WalletHub is back for another year of best of/worst of lists. First up is the Best & Worst States to Raise a Family in 2025. For this list, the WalletHub team number crunched 50 key indicators of family-friendliness across the 50 states (sorry, District of...
Coca-Cola Foundation Awards $200,000 Grant to Operation Homefront

Coca-Cola Foundation Awards $200,000 Grant to Operation Homefront

by Phil Hall | Jan 14, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Coca-Cola Foundation announced it has awarded a grant for $200,000 to Operation Homefront, a national nonprofit serving America’s military families. The grant will provide rent-free transitional housing to wounded, ill, and injured veterans and offer support...
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