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Amazon Acquires Virginia Campus of George Washington University for $427 Million

Amazon Acquires Virginia Campus of George Washington University for $427 Million

by Phil Hall | Mar 3, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Amazon Inc. (NASDAQ: AMZN) has acquired the 122-acre Virginia Science and Technology Campus of George Washington University for $427 million. The deal was initially announced Friday in the university’s student newspaper without Amazon being identified as a buyer....
Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations

Thousands of Boston Properties at Risk of Sinking Due to Rotting Wooden Foundations

by Phil Hall | Mar 3, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Boston real estate market has a problem that you won’t find in any other city: approximately 8,000 properties are at risk of sinking and crumbling. Boston 25 News reports the properties were constructed on wooden foundations that were laid on filled land between...
Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025

Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025

by Phil Hall | Mar 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing supply gap reached an estimated 4.03 million homes in 2025, increasing from 3.8 million in 2024, according to a new data report from Realtor.com. Last year saw the formation of approximately 1.41 million households, compared with 1.36 million housing...
New Chicago Soccer Stadium Sparks Complaints from Community Groups

New Chicago Soccer Stadium Sparks Complaints from Community Groups

by Phil Hall | Mar 3, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Chicago is weathering a new sports stadium controversy – and, no, it has nothing to do with the Bears. According to combined media reports, a groundbreaking ceremony is scheduled for later today on the new $750 million stadium for the Chicago Fire, the city’s Major...
Harrison Sitomer Promoted to President at SL Green Realty

Harrison Sitomer Promoted to President at SL Green Realty

by Phil Hall | Mar 3, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, has promoted Harrison Sitomer to president. Sitomer began his career at SL Green as an intern and rose through the organization, serving in a variety of investment roles before his January 2022...
LGI Homes Debuts Seattle-Area Community

LGI Homes Debuts Seattle-Area Community

by Phil Hall | Mar 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

LGI Homes Inc. (NASDAQ: LGIH) has expanded its presence in the Seattle market with the grand opening of Meadow Brook, a new community in Puyallup, Washington. Meadow Brook features a collection of 53 three-, four-, and five-bedroom homes ranging from approximately...
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