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Alabama Church Sues United Methodists to Retain Property

Alabama Church Sues United Methodists to Retain Property

by Phil Hall | Oct 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The oldest church in Selma, Alabama, has sued its denomination in an attempt to maintain control of the property. AL.com reported the 185-year-old Church Street Methodist Church filed its lawsuit in Dallas County Circuit Court, claiming it never agreed to the “trust...
New Online Lottery Addresses Nigeria’s Housing Affordability Shortage

New Online Lottery Addresses Nigeria’s Housing Affordability Shortage

by Phil Hall | Oct 21, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Nigerian company is taking a unique approach to addressing the housing affordability shortage facing its nation – it is hosting lotteries where the winners are awarded fully constructed homes. The start-up Ticket to Home created an online lottery platform where...
Equity Protect Receives Patents on Property Ownership Authentication System

Equity Protect Receives Patents on Property Ownership Authentication System

by Phil Hall | Oct 21, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Equity Protect, a Reno, Nevada-based provider of real estate fraud prevention and data security, announced the US Patent and Trademark Office has granted patents for its multi-computer processing technology designed to protect data from unauthorized modification. The...
Phillips Edison & Company Acquires Connecticut Shopping Center

Phillips Edison & Company Acquires Connecticut Shopping Center

by Phil Hall | Oct 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bethel Shopping Center, a 101,2050-square-foot retail plaza in Bethel, Connecticut, was sold to the real estate investment trust Phillips Edison & Company (NASDAQ: PECO). The property is 91% leased and anchored by Big Y Supermarket, Starbucks and Dollar Tree;...
Hits and Misses for the Real Estate Week of Oct. 14-18

Hits and Misses for the Real Estate Week of Oct. 14-18

by Phil Hall | Oct 18, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Selling homes with dinosaurs, climate change’s impact on football stadiums and the real estate developer friend from hell. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 14-18. Hit: Jurassic Property. Kudos to...
Former NFL Player Charged with Embezzlement on Real Estate Projects

Former NFL Player Charged with Embezzlement on Real Estate Projects

by Phil Hall | Oct 18, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A former NFL player who became a real estate developer was indicted by a federal grand jury for embezzling loan proceeds intended for the development and construction of two commercial real estate projects. According to the indictment, Christopher A. Harrison,...
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