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White House Dropping Plans for 50-Year Mortgage

White House Dropping Plans for 50-Year Mortgage

by Phil Hall | Jan 12, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump administration is dropping its efforts to push for 50-year mortgages as a strategy to encourage affordable homeownership. In November, Federal Housing Finance Agency Director Bill Pulte encouraged President Trump to float the idea for the 50-year mortgage....
LA Rams Owner Sues Over Planned Billboards Near His Stadium

LA Rams Owner Sues Over Planned Billboards Near His Stadium

by Phil Hall | Jan 12, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The owner of the Los Angeles Rams has filed a lawsuit against the City of Inglewood, California, for planning to allow digital billboards to go up near SoFi Stadium, claiming it would create “ambush marketing” around his $5.5 billion complex. Last April, Inglewood...
Michael Case Named President at Kipling Group

Michael Case Named President at Kipling Group

by Phil Hall | Jan 12, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Kipling Group, a Toronto-headquartered commercial, industrial, and residential property management firm, announced the appointment of Michael Case as president. Kipling joined Kipling Group in 2024 as chief operating officer, and he will retain that position. He was...
Trump Organization Previews $1 Billion Saudi Residential Development

Trump Organization Previews $1 Billion Saudi Residential Development

by Phil Hall | Jan 12, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump Organization is partnering with Dar Global, the international arm of the luxury developer Dar Al Arkan, announced their third collaboration in Saudi Arabia with the launch of the $1 billion Trump Plaza Jeddah. The new development will encompass fully...
Macy’s to Close 14 Stores Across 12 States

Macy’s to Close 14 Stores Across 12 States

by Phil Hall | Jan 12, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Macy’s Inc. (NYSE: M) is planning to close 14 stores in 12 states during the first part of this year. The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. In an email shared with...
Furniture Retailer Closing All 89 Stores

Furniture Retailer Closing All 89 Stores

by Phil Hall | Jan 12, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A bankruptcy court has approved the Going Out of Business sales of all 89 remaining stores owned by American Signature Inc. The sale involves 79 stores in 13 states that operated under the Value City Furniture brand and 10 stores in Delaware and Florida that operated...
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