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Paige Pitcher Joins Federal Realty Investment Trust as SVP of Digital Innovation

Paige Pitcher Joins Federal Realty Investment Trust as SVP of Digital Innovation

by Phil Hall | Jul 1, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Federal Realty Investment Trust (NYSE:FRT), the North Bethesda, Maryland-based owner/operator and developer of retail-based properties, has hired Paige Pitcher for the newly created role of senior vice president of digital innovation. In her new job, Pitcher will...
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...
Investor Activity in Home Purchasing Holds Steady

Investor Activity in Home Purchasing Holds Steady

by Phil Hall | Jun 23, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investors were responsible for 11.3% of all home purchases during 2025, up from 11.0% in 2024, according to new data from Realtor.com. Approximately 534,000 homes were purchased by investors in 2025, a 0.7% year-over-year increase. On the flip side, investors sold...
CAPREIT Hires Harlan B. Krichman as President of Property Management

CAPREIT Hires Harlan B. Krichman as President of Property Management

by Phil Hall | Jun 19, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

CAPREIT, a North Bethesda, Maryland-based real estate operating company responsible for the ownership and management of more than $6 billion of US multifamily assets, has hired Harlan B. Krichman as president of property management. Krichman will oversee all aspects...
California Real Estate Investor Arrested for $100 Million Bank Fraud

California Real Estate Investor Arrested for $100 Million Bank Fraud

by Phil Hall | Jun 11, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A California real estate investor was arrested for defrauding a bank out of nearly $100 million by falsifying title policies to inflate the value of his pledged collateral. According to an affidavit filed with the complaint, Mahender Makhijani controls Cantor Group V...
Ginnie Mae Issued $54.9 Billion in Mortgage-Backed Securities During May

Ginnie Mae Issued $54.9 Billion in Mortgage-Backed Securities During May

by Phil Hall | Jun 11, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ginnie Mae announced that it issued $54.9 billion in total mortgage-backed securities (MBS) during May, resulting in net portfolio growth of $20 billion. Last month’s issuance included $52.9 billion in Ginnie Mae II MBS and $1.9 billion in Ginnie Mae I MBS, including...
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