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4-Property Multifamily Portfolio in Connecticut Sells for $17.3 Million

4-Property Multifamily Portfolio in Connecticut Sells for $17.3 Million

by Phil Hall | Jun 25, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

National Multifamily Corp. announced the sale of a four-property, 164-unit multifamily portfolio in Bridgeport, Connecticut, for $17.3 million, or $105,488 per unit. The properties located encompass 43 studio apartments, 101 one-bedrooms, and 20 two-bedrooms totaling...
Decaying Frank Lloyd Wright House in Chicago Acquired by Local Nonprofit

Decaying Frank Lloyd Wright House in Chicago Acquired by Local Nonprofit

by Phil Hall | Jun 25, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The JJ Walser House, a Frank Lloyd Wright-designed residence in Chicago’s Austin neighborhood, has been acquired after years of being unoccupied and dilapidated. The Walser House was built in 1903 and is listed on the National Register of Historic Places. However, has...
Chief of Staff to Former NYC Mayor Adams Indicted in Migrant Housing Bribery Scheme

Chief of Staff to Former NYC Mayor Adams Indicted in Migrant Housing Bribery Scheme

by Phil Hall | Jun 25, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Frank Carone, an advisor and chief of staff to New York City’s former Mayor Eric Adams, pleaded not guilty to federal corruption charges related to a bribery scheme involving migrant housing. The Gothamist reports Carone, his brother Anthony Carone, and Chinese...
Historic Gravesites Uncovered During Renovations at South Carolina Stadium

Historic Gravesites Uncovered During Renovations at South Carolina Stadium

by Phil Hall | Jun 25, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Renovations at Johnson Hagood Stadium, the football venue for The Citadel Military College of South Carolina, have been halted following the discovery of what are believed to be historic gravesites. WCBD reports the Charleston-based college is now collaborating with...
Greystar Unveils The Parson, a New Luxury Apartment Community in Denver

Greystar Unveils The Parson, a New Luxury Apartment Community in Denver

by Phil Hall | Jun 25, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Greystar is now hosting in-person tours for The Parson, its new luxury apartment community in the Golden Triangle neighborhood of Denver. The Parson comprises 309 luxury residences, including 21 studios, 161 one-bedrooms, 95 two-bedrooms, nine three-bedrooms, and 23...
Minnesota Real Estate Broker Convicted of Exploiting Muslim Homebuyers with Contract for Deed Scheme

Minnesota Real Estate Broker Convicted of Exploiting Muslim Homebuyers with Contract for Deed Scheme

by Phil Hall | Jun 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Minnesota real estate broker was found guilty in a jury trial of exploiting Muslim homebuyers in a predatory deed scheme. Chadwick Banken and several companies that he owned were accused offering contract for deed transactions that were promoted as sharia compliant...
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