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Morgan Properties Acquires Dream Residential REIT for $354 Million

Morgan Properties Acquires Dream Residential REIT for $354 Million

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Dream Residential Real Estate Investment Trust (TSX: DRR.U, DRR.UN) is being acquired by an affiliate of Morgan Properties LP in an all-cash transaction valued at approximately $354 million. Toronto-headquartered Dream Residential REIT owns a portfolio of garden-style...
St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex

St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Missouri man has pleaded not guilty to two separate indictments of conspiring to steal or try to steal 16 homes and a duplex with bogus deeds. James L. Townes Jr. of the St. Louis suburb of Berkeley was indicted by a grand jury on June 25 with one count of mail...
New Website Offers Information for Households Moving to Texas

New Website Offers Information for Households Moving to Texas

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A new online resource has launched to provide households with information on relocating to Texas. Users who tap into InsideTexasRealEstate.com will receive data and insights on cities, counties, schools, neighborhoods, and lifestyle across the Lone Star State. The...
Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes

Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has ordered the halt on all construction at an offshore wind farm designed to provide electric power to 350,000 homes in Connecticut and Rhode Island. Matthew Giacona, acting director of the Bureau of Ocean Energy Management, sent a letter to...
Lennar Debuts New San Diego-Area Master-Planned Community

Lennar Debuts New San Diego-Area Master-Planned Community

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar Corp. (NYSE: LEN) has announced the grand opening of North River Farms, its new master-planned community of single-family homes in the San Diego suburb of Oceanside, California. According to the company, the new community encompasses five...
Hits and Misses for the Real Estate Week of Aug. 18-22

Hits and Misses for the Real Estate Week of Aug. 18-22

by Phil Hall | Aug 22, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 18-22. Miss: Soaking...
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