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Mark Kenney to Step Down as CAPREIT’s Chief Executive

Mark Kenney to Step Down as CAPREIT’s Chief Executive

by Phil Hall | May 8, 2026 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX:CAR.UN), has announced President and CEO Mark Kenney will retire on July 2. Kenney served in the leadership roles since November 2018; he was previously chief operating officer. He will also...
VendorAbuse.com Debuts Florida HOA Watchlist

VendorAbuse.com Debuts Florida HOA Watchlist

by Phil Hall | May 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

VendorAbuse.com, an artificial intelligence (AI)-powered consumer complaint platform, has launched its Florida HOA Watchlist and published a report on Florida House Bill 1203’s impact on the state’s homeowners associations. Florida House Bill 1203, which became law on...

HUD Revises Environmental Review Requirements for Multifamily Developments

by Phil Hall | May 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has updated the environmental review requirements for multifamily housing development and lending. The updates, which were issued earlier this week through the Federal Housing Administration (FHA) via a Mortgagee...
Student Housing Development Proposed for Downtown Toronto

Student Housing Development Proposed for Downtown Toronto

by Phil Hall | May 8, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elysium Investments, in partnership with European fund manager 1 Asset Management, has acquired a development site in downtown Toronto and submitted an application for a purpose-built student housing project under its Yarra Student Living platform. The proposed King...
eXp Acquires NextHome, Shifting to a Multi-Model Platform

eXp Acquires NextHome, Shifting to a Multi-Model Platform

by Phil Hall | May 7, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

eXp World Holdings Inc., the holding company for eXp Realty, has acquired NextHome Inc., a national real estate franchise headquartered in Pleasanton, California. The financial terms of the acquisition were not disclosed. NextHome has more than 500 US franchisees and...

California Housing Affordability at Highest Level in 4 Years

by Phil Hall | May 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing affordability in California in the first quarter reached its highest level in four years, according to data from the California Association of Realtors (CAR). During the first three months of the year, CAR determined that 22% of the state’s homebuyers...
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