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Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue

Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue

by Phil Hall | Sep 16, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Efforts are underway to build a 14,000-seat cricket stadium proposed in suburban Chicago, even though the venue has yet to attract any team to play at the site. ShawLocal.com reports the plans Breybourne Stadium in Oswego, Illinois, has been in the works since 2023...
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development

FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development

by Phil Hall | Sep 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $11.7 million in grant funding to support affordable multifamily rental housing development across its district. Through the Multifamily Housing Bridge Fund, the bank will provide up to $500,000 per...
Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat

Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve’s policy making Federal Open Market Committee will convene on Tuesday with Lisa Cook remaining on the central bank’s Board of Governors and Stephen Miran temporarily filling a vacancy on that body. A federal appeals court rejected...
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs

California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California legislators have passed a bill that will enable the construction of high-density housing complexes near transit hubs. According to combined media reports, SB 79 proposed by State Sen. Scott Wiener (D-San Francisco) would overrule local zoning ordinances by...
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year

Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Redfin has reported the number of Canadians using its platform to search for US home purchases or rental housing declined 19.5% year-over-year in August. The Seattle-based division of Rocket Companies (NYSE: RKT) began tracking a drop in Canadians searching for US...
Bridge Housing Launches Its First Private Equity Fund

Bridge Housing Launches Its First Private Equity Fund

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Bridge Housing, the San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, has launched its first private equity fund. Bridge Housing Impact Fund I is in the process of raising $350 million of equity, enabling about $1...
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