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Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million

Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million

by Phil Hall | Jul 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A New York man who used deed theft to take over two Harlem brownstones with a combined value of $4.7 million was convicted after a seven-week trial. Joseph Makhani was found guilty of two counts of Criminal Possession of Stolen Property in the First Degree and one...
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million

by Phil Hall | Jul 2, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Casa Encantada, the historic 8.5-acre Los Angeles estate at the center of a prolonged foreclosure struggle, was sold at auction for $130 million. The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the...
Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million

Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million

by Phil Hall | Jul 2, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The only Tennessee home designed by the iconic architect Frank Lloyd Wright has been listed for the first time in its 75-year-history. Realtor.com reports the 1,784-square-foot Chattanooga-based Usonian residence built in 1952 is now up for sale at $1.6 million....
CoStar Group Debuts Platform for French Commercial Real Estate Market

CoStar Group Debuts Platform for French Commercial Real Estate Market

by Phil Hall | Jul 2, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group (NASDAQ: CSGP) has announced the launched of the CoStar platform in France. According to the company, investors, brokers, owners, corporate occupiers, and lenders in France can use a single platform to access commercial real estate information for the...
PROREIT Acquires 2 Industrial Portfolios for $136.8 Million

PROREIT Acquires 2 Industrial Portfolios for $136.8 Million

by Phil Hall | Jul 2, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has completed its $136.8 million acquisition of two industrial portfolios located in Quebec City, Quebec and Winnipeg, Manitoba. The Quebec City portfolio comprises 13 industrial properties totaling 611,924...
List Prices Record Steepest Annual Decline in 9 Years

List Prices Record Steepest Annual Decline in 9 Years

by Phil Hall | Jul 1, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

List prices during June were down 2.5% from one year earlier, marking the steepest annual decline since 2017 and the eighth consecutive month of price drops, according to data from Realtor.com. The regional year-over-year median list price declines ranged from -4.0%...
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