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The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium

The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium

by Phil Hall | Jan 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kraft Group has reached an agreement with Boston and its neighboring city of Everett on the creation of a professional soccer stadium for the New England Revolution. The new 25,000-seat stadium would be constructed on the site of a defunct power plant along the...
Maryland to See Average Increase of 12.7% on Property Tax Assessments

Maryland to See Average Increase of 12.7% on Property Tax Assessments

by Phil Hall | Jan 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maryland property owners can expect to see an average increase of 12.7% in their property tax assessments for 2026. According to a report from TheBaynet.com sourced from the Maryland Department of Assessments and Taxation, all 23 counties and Baltimore City will see...
International Hot Rod Association Acquires North Carolina’s Rockingham Speedway

International Hot Rod Association Acquires North Carolina’s Rockingham Speedway

by Phil Hall | Jan 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The International Hot Rod Association (IHRA) has purchased Rockingham Speedway, a historic venue in American motorsports. Located in Rockingham, North Carolina, and popularly known as “The Rock,” the venue opened in 1965 and has a 0.94-mile track and 32,000-seating...
White House Cancels Lease Deal for DC Public Golf Courses

White House Cancels Lease Deal for DC Public Golf Courses

by Phil Hall | Jan 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has terminated the federal government’s lease agreement with the nonprofit National Links Trust (NLT) for three public golf courses in Washington, DC. The lease took effect in October 2020 and was designed to run 50 years, with the NLT tasked...
CMBS Delinquency Rate Ends 2025 at 7.30%

CMBS Delinquency Rate Ends 2025 at 7.30%

by Phil Hall | Dec 31, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2025 with a four basis points uptick to 7.30%, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 73 basis points from 6.57%. However, Trepp noted the...
Sterling Organization Acquires Connecticut Shopping Center

Sterling Organization Acquires Connecticut Shopping Center

by Phil Hall | Dec 31, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...
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