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City Reverses Offer to Help Rebuild Tampa Bay Rays’ Hurricane-Damaged Stadium

City Reverses Offer to Help Rebuild Tampa Bay Rays’ Hurricane-Damaged Stadium

by Phil Hall | Nov 22, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

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...
Tri Pointe Homes Closes First Land Acquisition in the Orlando Market

Tri Pointe Homes Closes First Land Acquisition in the Orlando Market

by Phil Hall | Nov 22, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Tri Pointe Homes (NYSE: TPH) has acquired 178 single-family detached homesites in the Sugarloaf Mountain planned community in Minneola, Florida with its land bank partner, Kennedy Lewis Investment Management LLC. The acquisition marks the company’s...
Home Sales Rise in Wisconsin Amid Wider Inventory

Home Sales Rise in Wisconsin Amid Wider Inventory

by Phil Hall | Nov 22, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wisconsin recorded 6,282 existing home sales during October, a 3.5% year-over-year upswing from the 6,609 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the rising home sales occurred while the state’s housing...
Alabama Home Sales and Prices Down in October

Alabama Home Sales and Prices Down in October

by Phil Hall | Nov 22, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales and prices were on the downturn in Alabama during October, according to the new data from the Alabama Association of Realtors. The state recorded 4,880 home sales in October, an 8.6% drop from September decrease from the 5,340 transactions in September and...
Brown University Transfers 255-Acre Parcel to Pokanoket Indian Tribe

Brown University Transfers 255-Acre Parcel to Pokanoket Indian Tribe

by Phil Hall | Nov 22, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Brown University has transferred 255 acres in Bristol, Rhode Island, to a preservation trust established by the Pokanoket Indian Tribe. WPRI reports the property has been home to the Haffenreffer Museum of Anthropology and a center for educational programs and field...
University of Idaho Receives $160 Million for Housing Expansion

University of Idaho Receives $160 Million for Housing Expansion

by Phil Hall | Nov 22, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Idaho State Board of Education is allocating $160 million to expand and renovate housing for students attending the University of Idaho. Fox28 Spokane reports the university has a student housing crisis, with an incoming freshman class that is 40% larger than its...
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