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FHLBank Chicago to Allocate $3 Million in Affordable Housing Developer Program

FHLBank Chicago to Allocate $3 Million in Affordable Housing Developer Program

by Phil Hall | Jul 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) is now accepting applications for the fourth annual iteration of its Community First Developer Program. The program provides grants to organizations supporting career development opportunities in the affordable...
Report: Fewer Canadians Seeking to Buy US Homes

Report: Fewer Canadians Seeking to Buy US Homes

by Phil Hall | Jul 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fewer Canadians are venturing south in search of American residential properties, according to a new data report from Redfin. The number of Canadian Redfin.com users searching for homes in the US on Redfin.com was down 26.4% year-over-year in May. The decline took an...
New Partnership Seeks to Educate Prospective Homebuyers

New Partnership Seeks to Educate Prospective Homebuyers

by Phil Hall | Jul 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

CBC Mortgage Agency has teamed with Guild Mortgage on a national initiative to expand homeownership through financial literacy events. The Future Homebuyer Initiative will consist of 10 events across the country designed to provide financial literacy, credit...
BlackRock Acquires ElmTree Funds

BlackRock Acquires ElmTree Funds

by Phil Hall | Jul 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

BlackRock Inc. (NYSE: BLK) announced it is acquiring ElmTree Funds, a St. Louis-based net-lease real estate investment firm with $7.3 billion in total assets under management. The financial details of the acquisition were not disclosed. Founded in 2011, ElmTree has...
Ex-NYPD Detective Among Trio Charged in Bronx Deed Theft Scheme

Ex-NYPD Detective Among Trio Charged in Bronx Deed Theft Scheme

by Phil Hall | Jul 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A former New York Police Department (NYPD) detective was among three individuals arrested for a deed theft scheme in the Bronx, New York. The retired detective, Chenenne Guevarra-Francis, teamed with his mother Barbara Guevarra-Francis, a retired nurse, and attorney...
Dubai Partners With Crypto.com to Tokenize Real Estate

Dubai Partners With Crypto.com to Tokenize Real Estate

by Phil Hall | Jul 7, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Dubai Land Department (DLD) has signed a memorandum of cooperation with the Singapore-based cryptocurrency platform Crypto.com for the creation of a digital investment environment for virtual real estate assets. Under the terms of the agreement, procedures will be...
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