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DOJ Files Statement of Interest to Support North Carolina Church in Land Use Case

DOJ Files Statement of Interest to Support North Carolina Church in Land Use Case

by Phil Hall | Apr 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) filed a statement of interest supporting a church in a fight with North Carolina’s Chatham County Board of Commissioners. DOJ’s Civil Rights Division filed the statement in the US District Court for the Middle District of North...
Houston’s ‘Darth Vader House’ Sells for $3.4 Million

Houston’s ‘Darth Vader House’ Sells for $3.4 Million

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Houston residence known as the “Darth Vader house” because of its resemblance to the “Star Wars” villain’s helmet has been sold for $3.4 million. KHOU.com reports the property was designed by architect for a local surgeon who was a big-time “Star Wars” fan. The...
Obama’s Former Martha’s Vineyard Rental Listed at $39 Million

Obama’s Former Martha’s Vineyard Rental Listed at $39 Million

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Blue Heron Farm, the Martha’s Vineyard property that was the summer home of President Barack Obama and his family during his first term, has been listed for $39 million. The Wall Street Journal reports the roughly 30-acre property in Chilmark, Massachusetts, includes...
‘Fixer Upper’ Carpenter Clint Harp Leaving TV to Become a Realtor

‘Fixer Upper’ Carpenter Clint Harp Leaving TV to Become a Realtor

by Phil Hall | Apr 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A familiar figure in DIY home repair television programming is going off camera to begin a new career as a realtor. Entertainment Now reports that Clint Harp, the former carpenter on HGTV’s “Fixer Upper” and the star of his own show “Restoration Road” on Magnolia...
Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024

Commercial Real Estate Mortgage Borrowing and Lending Up 16% in 2024

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New data from the Mortgage Bankers Association (MBA) is estimating commercial real estate mortgage borrowing and lending in 2024 totaled $498 billion, up by 16% from the $429 billion in 2023 but down by 39% from the $816 billion recorded in 2022. MBA tracked $411...
Stonepeak Launches Data Center Development Company

Stonepeak Launches Data Center Development Company

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Stonepeak, a New York city-based alternative investment firm specializing in infrastructure and real assets, has rolled out Montera Infrastructure, a North American hyperscale-focused data center development company. Working with a $1.5 billion equity commitment,...
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