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Joint Venture to Convert DC Office Property into Multifamily Community

Joint Venture to Convert DC Office Property into Multifamily Community

by Phil Hall | Jun 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A three-company joint venture has been formed to acquire an office property in the Georgetown neighborhood of Washington, DC, and convert it into a multifamily community. According to the companies, the redevelopment will transform two adjacent 1980s-vintage office...
New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers

New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study published by Mortgage Research Network has determined that affordable metros in the South, Midwest and Northeast have the highest percentage for single women buying homes. Nationwide, single women accounted for 11.4% of all home purchase loans in 2025, but...
Land Gorilla Debuts X-RAY, an AI-Powered Tool for Faster Construction Loan Reviews

Land Gorilla Debuts X-RAY, an AI-Powered Tool for Faster Construction Loan Reviews

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Land Gorilla, a construction loan management software provider, is now offering X-RAY, an AI-powered due diligence solution designed to protect construction lenders by with data-backed assessments of project feasibility, budget accuracy, contractual risk, and builder...
National Median Asking Rent Down for 34th Straight Month

National Median Asking Rent Down for 34th Straight Month

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median asking rent in May was $1,686, down 1.5% year-over-year for the 34th consecutive month of declines, according to data from Realtor.com. During the first quarter of the year, Realtor.com determined that Las Vegas led the nation as the metro with the...
A Phil Hall Op-Ed: In the Matter of Daniel Grand

A Phil Hall Op-Ed: In the Matter of Daniel Grand

by Phil Hall | Jun 15, 2026 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: I would like to share a news story that hasn’t received a great deal of attention. It is about private property and a city government harassing a law-abiding homeowner because he believes in God. Admittedly, this isn’t something that you normally...
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

by Phil Hall | Jun 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A record number of 242 cities have starter homes valued at $1 million or more, up from 226 one year ago, according to a new data report from Zillow. Traditionally, a starter home is defined as a home in the lowest third of home values in a given market. But as the...
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