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Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes

Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes

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

Texas Attorney General Ken Paxton has notified more than 130 localities across the Lone Star State that they were prohibited from raising ad valorem taxes above the no-new-revenue tax rate. According to a statement issued by his office, Paxton notified the localities...
Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood

Cleveland Rejects $1.6 Billion Data Center Project in Residential Neighborhood

by Phil Hall | May 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A permit application to build a $1.6 billion data center in Cleveland has been rejected. The proposed data center was described as a two-story, 300,000-square-foot “state-of-the-art, hyperscale facility” that would have been constructed on a 35-acre site in Slavic...
Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing

Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing

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

Hunt Capital Partners and Sycamore Development have announced the opening of Cabana Design District, which renovated the celebrated Cabana Hotel in downtown Dallas into mixed-income multifamily housing. The $116 million project renovated the 1962-built property into...
Duball Previews New Apartment Community in Washington, DC

Duball Previews New Apartment Community in Washington, DC

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

The real estate development and investment firm Duball LLC has unveiled its latest development in Washington, DC – the upcoming boutique apartment community at Dupont Circle named Revere. The community is named in honor of Paul Revere, whose midnight ride was...
Tampa Bay Rays in Tentative Deal with Local Officials on New $2.3 Billion Ballpark

Tampa Bay Rays in Tentative Deal with Local Officials on New $2.3 Billion Ballpark

by Phil Hall | May 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Tampa Bay Rays have signed a nonbinding memorandum of understanding with officials in Florida’s Hillsborough County and the City of Tampa on a public-private partnership to construct a new ballpark. The Associated Press reports the tentative agreement would...
Marcus & Millichap Hires Michael Puline as National Director of Retail Division

Marcus & Millichap Hires Michael Puline as National Director of Retail Division

by Phil Hall | May 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial real estate brokerage firm Marcus & Millichap (NYSE:MMI) has hired Michael Puline as senior managing director and national director of its retail division. In his new job, Puline will guide the strategic growth of Marcus & Millichap’s and...
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