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New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

New Books Focus on Section 1031 Exchanges, Selling Commercial Real Estate

by Phil Hall | May 21, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A pair of new real estate-focused book have been released, one highlighting Section 1031 Exchanges and the other offering strategies for selling commercial properties. Louis J. Rogers, founder and co-CEO of Capital Square, has authored the new “Section 1031 Exchanges:...
Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million

Tempus Realty Partners Buys Pittsburgh Office/Retail Property for $43.75 Million

by Phil Hall | May 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Tempus Realty Partners, an Arkansas-based real estate investment partnership, has acquired a Class A+ office and retail property in Pittsburgh’s Strip District for $43.75 million. Originally constructed as a warehouse, the property covers 94,580 square feet of...
Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme

Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme

by Phil Hall | May 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Elchonon “Elie” Schwartz, the CEO of the commercial real estate investment firm Nightingale Properties, was sentenced to 87 months in prison for conducting a fraud scheme that siphoned $62.8 million from more than 800 investors. Schwartz solicited investments through...
Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’

Paramount Group Begins Review of ‘Strategic Alternatives to Maximize Shareholder Value’

by Phil Hall | May 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on New York City and San Francisco office properties, announced that its board of directors has begun a review of what it described as “a review and evaluation of strategic alternatives to...
Healthcare Real Estate Market Forecast to Reach $1.87 Trillion by 2030

Healthcare Real Estate Market Forecast to Reach $1.87 Trillion by 2030

by Phil Hall | May 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The US healthcare real estate market was valued at $1.32 trillion in 2024 and is projected to reach $1.87 trillion by 2030, rising at a compound annual growth rate of 6.20%. “The market is experiencing robust growth, driven by several key factors reshaping the...
Kash Patel: FBI to Vacate DC Headquarters

Kash Patel: FBI to Vacate DC Headquarters

by Phil Hall | May 16, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

FBI Director Kash Patel announced the law enforcement agency will be leaving its Washington, DC headquarters in the J. Edgar Hoover Building and transferring 1,500 employees to locations around the country. In an interview with Fox Business, Patel stated, “This FBI is...
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