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Bell Partners Names Sarah C. Young as CFO

Bell Partners Names Sarah C. Young as CFO

by Phil Hall | Jul 14, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Bell Partners, a Greensboro, North Carolina-based apartment investment and management company, has recruited Sarah C. Young as its next chief financial officer (CFO). She will succeed John Tomlinson, who is retiring on Aug. 22. Young previously served as CFO and...
Hits and Misses for the Real Estate Week of July 7-11

Hits and Misses for the Real Estate Week of July 7-11

by Phil Hall | Jul 11, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Gavin Newsom’s long-distance grant funding, a data access deal with three major MLSs, and investors hogging the homebuying market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 7-11. Miss: Greetings from South...
Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year

Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kentucky Gov. Andy Beshear announced the state’s property tax rate has been lowered for the fifth consecutive year. The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. In a statement, Beshear said, “Right now,...
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Marjorie Taylor Greene (R-GA) has introduced the No Tax on Home Sales Act, which is designed to eliminate the federal capital gains tax on the sale of primary residences. Greene noted the IRS allows an exclusion of up to $250,000 ($500,000 for joint filers) in...
NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme

NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A New Jersey real estate investor who gained a social media following for his house flipping advice was indicted by a federal jury for creating a multimillion-dollar Ponzi-like investment fraud scheme. According to documents filed in this case and statements made in...
Saudi Arabia to Allow Property Ownership by Foreigners

Saudi Arabia to Allow Property Ownership by Foreigners

by Phil Hall | Jul 11, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The government of Saudi Arabia has enacted a new law permitting non-Saudis to own property in certain markets across the kingdom. The new law, which goes into effect in January 2026. According to a report in Construction Business News, non-Saudis will be able to...
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