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Bill Ackman’s Foundation Pays $260 Million for 2 Manhattan Buildings to Become New Brain Research Center

Bill Ackman’s Foundation Pays $260 Million for 2 Manhattan Buildings to Become New Brain Research Center

by Phil Hall | Jul 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hedge fund executive Bill Ackman’s Pershing Square Foundation has acquired two buildings on Manhattan’s Upper West Side for $260 million, with the goal of creating a brain research center at the properties. Fortune reports the foundation paid $190 million for 125 West...
California Realtors Group Offers Grants to Help First-Time Buyers Cover Insurance Costs

California Realtors Group Offers Grants to Help First-Time Buyers Cover Insurance Costs

by Phil Hall | Jul 27, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s Plumas Association of Realtors announced that its Housing Affordability Fund program provided financial assistance to 24 local residents who bought homes this past year. According to the 156-member association, more than $39,000 was distributed among...
Florida’s New Real Estate License Activity Up 42% Year-Over-Year

Florida’s New Real Estate License Activity Up 42% Year-Over-Year

by Phil Hall | Jul 27, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida added 64,840 new real estate licensees in 2025, a 42% year-over-year surge and the highest annual total found in the current state licensing file. However, a data report from Casa Academy, a Florida real estate school that publishes original aggregate research...
Chicago Bears Begin Soil Tests at Potential Indiana Site for New Stadium

Chicago Bears Begin Soil Tests at Potential Indiana Site for New Stadium

by Phil Hall | Jul 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago Bears have begun geotechnical testing of the soil at the Wolf Lake Terminals site in Hammond, Indiana, as part of viability study for their planned new stadium. On Tap Sports reports drilling equipment was seen at the location over the weekend at the site...
Lowe’s Foundation Awards $8 Million in Grants to Expand Skilled Trades Education

Lowe’s Foundation Awards $8 Million in Grants to Expand Skilled Trades Education

by Phil Hall | Jul 27, 2026 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Lowe’s Foundation, the philanthropic arm of Lowe’s Companies Inc. (NYSE: LOW), has allocated nearly $8 million in additional Gable Grants to 10 community and technical colleges. The Gable Grants program creates and expands partnerships with nonprofits and...
Katie Royce to Join Altus Group as CFO

Katie Royce to Join Altus Group as CFO

by Phil Hall | Jul 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Altus Group Ltd. (TSX: AIF), a Toronto-headquartered provider of commercial real estate intelligence, announced that Katie Royce will join the company as chief financial officer (CFO), effective Aug. 3. Royce succeeds Pawan Chhabra, who has been CFO since January 2023...
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