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Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million

Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million

by Phil Hall | Dec 15, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Prudent Growth Partners LLC, a North Carolina-based private equity real estate firm, has completed its $5.75 million acquisition of Baker Cypress Marketplace, a 47,364-square-foot retail center in Houston. Baker Cypress enjoys 94% occupancy, featuring 10 tenants with...
A Phil Hall Op-Ed: It Can’t Happen Here, Can It?

A Phil Hall Op-Ed: It Can’t Happen Here, Can It?

by Phil Hall | Dec 15, 2025 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Houses of worship are very special pieces of real estate. Whether they are grand works of architecture or small storefront settings, they offer a place where like-minded people can gather to give thanks and seek comfort and wisdom from their faith....
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama

Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama

by Phil Hall | Dec 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sen. Tommy Tuberville (R-AL) announced that he is working with President Trump and Federal Housing Finance Agency Director Bill Pulte to relocate Fannie Mae’s San Francisco office to Alabama. WBRC reports Tuberville made the announcement on his social media pages,...
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme

Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme

by Phil Hall | Dec 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Matthew Thomas Onofrio, a Minnesota real estate investor who previously worked as a nurse anesthetist, was sentenced to 36 months in federal prison for carrying out a $420 million bank fraud scheme. According to the charges against him, Onofrio used online...
Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million

Hospitality Capital Partners Acquires 5 Arizona Hotels for $72 Million

by Phil Hall | Dec 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Phoenix-based Hospitality Capital Partners (HCP), in conjunction with its equity partner National Property Advisors, acquired a portfolio of five Arizona hotels from Service Properties Trust for $72 million. The portfolio encompasses more than 665 rooms consists at...
Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission

Architects Urge New Designer on White House East Wing Ballroom to Reject the Project’s Commission

by Phil Hall | Dec 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A coalition of 29 architects has called on Shalom Baranes Associates, the new designer for President Trump’s White House East Wing ballroom, to reject the commission or face potential penalties from the American Institute of Architects (AIA). The Architect’s Newspaper...
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