Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
Truist Financial Corporation (NYSE: TFC) has launched Truist Cares for Western North Carolina, a three-year, $725 million initiative designed to assist the housing, infrastructure and small business efforts in the Western North Carolina communities impacted last month...
City Reverses Offer to Help Rebuild Tampa Bay Rays’ Hurricane-Damaged Stadium
The St. Petersburg City Council has changed its mind on providing more than $23 million to repair Tropicana Field, the home of the Tampa Bay Rays, that was damaged during Hurricane Milton last month. The stadium’s translucent fiberglass roof was torn to shreds during...
Elon Musk’s Government Efficiency Initiative Takes Aim at Empty Office Surplus
Elon Musk’s new Department of Government Efficiency (DOGE) has taken aim at the surplus of vacant office properties allocated to federal agencies. The DOGE channel on X ran headline from the Washington Times that announced: “Nearly 90% of feds’ office in D.C. going to...
VanWest Partners Acquires Three Self-Storage Properties
The Denver-based real estate investment firm VanWest Partners announced its acquisition of three self-storage assets in Arkansas, Georgia, and Nevada. The acquired properties are based in Springdale, Arkansas, with 539 units and 72,645 net rentable square feet (NRSF);...
Tampa Bay Rays Warn They May Never Move Into New Stadium
The owners of the Tampa Bay Rays said the team will not be able to move into their planned new stadium for the 2028 season, and there is a good chance they may never relocate to the new venue. The Associated Press reported the team’s executives informed Florida’s...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
