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Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

by Phil Hall | Apr 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) plan to divest an additional 166 supermarkets to gain regulatory approval of their proposed $24.6 billion merger. The Kroger-Albertsons transaction was announced last October, but in February a...
The Most Eco-Friendly Housing Market Is…

The Most Eco-Friendly Housing Market Is…

by Phil Hall | Apr 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Six of the top 10 eco-friendly housing markets are in California and all 10 are either in the Pacific or Mountain time zones, according to a new data report from Realtor.com. For this report, data was culled from Realtor.com listings with eco-friendly keywords...
HUD Announces Final Rule for Federal Flood Risk Management Standard

HUD Announces Final Rule for Federal Flood Risk Management Standard

by Phil Hall | Apr 22, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) published a Federal Flood Risk Management Standard (FFRMS) final rule in the Federal Register designed to help communities prepare for and reduce flood damage. According to HUD, the final rule updates two of...
Trump Maintains $175 Million Bond, Albeit with New Conditions

Trump Maintains $175 Million Bond, Albeit with New Conditions

by Phil Hall | Apr 22, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

An attempt by New York Attorney General Letitia James to void the $175 million bond in former President Donald Trump’s civil fraud case failed, but Trump’s attorneys agreed to additional restrictions on the bond. According to a Reuters report, the attorneys for Trump...
Fashion Retailer Express Files for Bankruptcy, Plans to Close Up to 100 Stores

Fashion Retailer Express Files for Bankruptcy, Plans to Close Up to 100 Stores

by Phil Hall | Apr 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The fashion retailer Express Inc. (OTC:EXPR) has filed for Chapter 11 bankruptcy and is planning to close more than 100 stores. According to a Reuters report, the company started in 1980 and company operates about 530 Express retail and Express Factory Outlet stores,...
Joel Sebree Resigns as CEO at California Association of Realtors

Joel Sebree Resigns as CEO at California Association of Realtors

by Phil Hall | Apr 22, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

John Sebree has resigned as the CEO of the California Association of Realtors (CAR). Sebree joined CAR two years ago from Missouri Realtors, replacing Joel Singer who retired after 32 years as CEO. Earlier in his career, Sebree was senior vice president of public...
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