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4-Building Connecticut Office Park Sells for $58.5 Million

4-Building Connecticut Office Park Sells for $58.5 Million

by Phil Hall | Jan 6, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

301-601 Merritt 7, a four-building office park in the New York City suburb of Norwalk, Connecticut, was sold for $58.5 million. The property covers 945,000 square feet within the larger six-building, 1.5 million square feet Merritt 7 complex. The property is the...
Katherine McFadden to Direct Multifamily Programs at California Housing Finance Agency

Katherine McFadden to Direct Multifamily Programs at California Housing Finance Agency

by Phil Hall | Jan 6, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The California Housing Finance Agency (CalHFA) has announced the appointment of Katherine McFadden to serve as director of multifamily programs. McFadden comes to CalHFA after more than six years at the nonprofit affordable housing developer Jamboree Housing...
Mamdani’s Tenant Advocate Previously Equated Homeownership with ‘White Supremacy’

Mamdani’s Tenant Advocate Previously Equated Homeownership with ‘White Supremacy’

by Phil Hall | Jan 6, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani’s newly appointed tenant advocate has become the subject of controversy due to old social media posts where she equated homeownership with “white supremacy” and called for the government seizure of private property. WABC Radio is...
New Theme Park to Focus on Count Dracula

New Theme Park to Focus on Count Dracula

by Phil Hall | Jan 6, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

If Mickey Mouse and Harry Potter can have their own theme parks, why can’t Count Dracula? The world’s most famous vampire is the subject of “Dracula Land,” a $1.2 billion entertainment development being built outside of the Romanian capital of Bucharest....
Hilton Drops Minneapolis-Area Franchise Accused of Barring ICE Agents

Hilton Drops Minneapolis-Area Franchise Accused of Barring ICE Agents

by Phil Hall | Jan 6, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hilton Hotels Corp. (NYSE: HLT) has removed a Minneapolis-area franchise from its systems following reports that it refused and canceled reservations made by ICE agents. Yesterday, the Department of Homeland Security (DHS) called out the company on X, stating it...
Report: 2025’s Annual Home Price Growth Only 0.7%

Report: 2025’s Annual Home Price Growth Only 0.7%

by Phil Hall | Jan 6, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new Home Price Index report from ICE Mortgage Technology found annual home price growth ended 2025 with a mild 0.7% uptick, the smallest calendar-year increase since 2011 when prices fell by 2.9%. The report noted that 2026 is beginning with housing affordability at...
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