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Pennsylvania’s Housing Market Holds Steady

Pennsylvania’s Housing Market Holds Steady

by Phil Hall | Sep 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s housing market held steady in August with a slight decline in home sales and stabilizing home prices. According to data from the Pennsylvania Association of Realtors (PAR), the state recorded 11,514 home sales in August, a 1% year-over-year...
Elon Musk’s SpaceX Sued for Trespassing on Neighboring Texas Property

Elon Musk’s SpaceX Sued for Trespassing on Neighboring Texas Property

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk’s SpaceX is being sued for $15 million by the maker of the Cards Against Humanity party game for allegedly trespassing on and damaging the games company’s adjacent Texas property. The Wall Street Journal reported CAH acquired a tract of land along the...
Congress Considers Bill Adding Scrutiny to Foreign Adversary Purchases of US Farmland

Congress Considers Bill Adding Scrutiny to Foreign Adversary Purchases of US Farmland

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New bipartisan legislation before Congress is seeking to add a new layer of scrutiny to acquisitions of US farmland and agricultural industry by nations that are viewed as hostile to American interests. The Protecting American Agriculture from Foreign Adversaries Act...
Blackstone Sells Motel 6 Lodging Chain to Indian Company for $525 Million

Blackstone Sells Motel 6 Lodging Chain to Indian Company for $525 Million

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The India-based travel technology company OYO has acquired G6 Hospitality, the parent company of the lodging brands Motel 6 and Studio 6 brands, from the New York City-based investment firm Blackstone (NYSE:BK) for $525 million in an all-cash transaction. Motel 6...
Hits and Misses for the Real Estate Week of Sept. 16-20

Hits and Misses for the Real Estate Week of Sept. 16-20

by Phil Hall | Sep 20, 2024 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new plan to expand federal involvement in housing, a deed thief gets arrested, and Home Depot pays for overcharging customers. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 16-20. Miss: AOC Talks Housing. This week,...
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