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268-Unit San Jose Apartment Complex Sells for $122 Million

268-Unit San Jose Apartment Complex Sells for $122 Million

by Phil Hall | Aug 28, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A 268-unit apartment complex in San Jose has been sold for $122.3 million. The San Jose Mercury News reports an affiliate of the San Francisco-based Carmel Partners acquired property all-cash deal, according to documents filed with the Santa Clara Court Recorder’s...
Atlanta-Area Development Could Lose Proposed Rental Housing Unless It Snags an NHL Team

Atlanta-Area Development Could Lose Proposed Rental Housing Unless It Snags an NHL Team

by Phil Hall | Aug 28, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An Atlanta suburb has approved a rezoning plan for a mixed-use development that would include a hockey arena and rental housing. However, the rental housing component would be cancelled if the development cannot land a National Hockey League team. The Atlanta Business...
JLL Income Property Trust Acquires Alabama Shopping Center for $94 Million

JLL Income Property Trust Acquires Alabama Shopping Center for $94 Million

by Phil Hall | Aug 28, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

JLL Income Property Trust (NASDAQ: ZIPTAX) has acquired Midtown Village, a shopping center in Tuscaloosa, Alabama for approximately $94 million. The property is a 345,000-square-foot open-air retail center and is leased to a mix of prominent national chains and...
Phony Housing Advocate Sentenced for Role in North Carolina Real Estate Fraud Scheme

Phony Housing Advocate Sentenced for Role in North Carolina Real Estate Fraud Scheme

by Phil Hall | Aug 27, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A North Carolina woman who presented herself as an advocate for financially struggling homeowners was sentenced to a minimum of 75 months with a maximum of 102 months in prison for her role in a real estate fraud case. A jury found Lisa Roberts-Allen guilty of six...
Global Mobile Home Market Predicted to Reach Nearly $17 Billion by 2031

Global Mobile Home Market Predicted to Reach Nearly $17 Billion by 2031

by Phil Hall | Aug 27, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global mobile home market is expected to grow from $11.87 billion in 2026 to $16.62 billion by 2031, registering a compound annual growth rate of 6.96%, according to a forecast published by Mordor Intelligence Inc. The Asia-Pacific region is expected to continue...
NAR Survey Affirms Strong Levels of Volunteering and Charitable Donations by Realtors

NAR Survey Affirms Strong Levels of Volunteering and Charitable Donations by Realtors

by Phil Hall | Aug 27, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The majority of real estate professionals go out of their way to volunteer in their communities and provide donations to charitable groups, according to the 2026 Community Aid and Real Estate (CARE) report published by the National Association of Realtors (NAR). The...
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