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Hits and Misses for the Real Estate Week of May 11-15

Hits and Misses for the Real Estate Week of May 11-15

by Phil Hall | May 15, 2026 | Commercial Real Estate News, Hits and Misses, International Real Estate News, News/Current Events, U.S. Housing Market, WRE News Exclusive

A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public.  From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 11-15. Hit: A New...
Florida Home Sales Activity Ratchets Up

Florida Home Sales Activity Ratchets Up

by Phil Hall | May 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 24,129 closed sales of existing single-family homes last month, up 2.4% year-over-year, while existing condo-townhouse sales totaled 9,309, up 6.9% year-over-year. According to data from Florida Realtors, new pending sales of existing single-family...
Groundbreaking for New 348-Unit Affordable Housing Community in Austin

Groundbreaking for New 348-Unit Affordable Housing Community in Austin

by Phil Hall | May 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The NRP Group and the Housing Authority of Travis County have broken ground on Sanara, a new 348-unit affordable housing community in Southeast Austin. The new development All of the units are reserved for households earning up to 60 percent of the Area Median Income...
Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes

Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes

by Phil Hall | May 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Texas Attorney General Ken Paxton has notified more than 130 localities across the Lone Star State that they were prohibited from raising ad valorem taxes above the no-new-revenue tax rate. According to a statement issued by his office, Paxton notified the localities...
Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing

Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing

by Phil Hall | May 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hunt Capital Partners and Sycamore Development have announced the opening of Cabana Design District, which renovated the celebrated Cabana Hotel in downtown Dallas into mixed-income multifamily housing. The $116 million project renovated the 1962-built property into...
Duball Previews New Apartment Community in Washington, DC

Duball Previews New Apartment Community in Washington, DC

by Phil Hall | May 15, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate development and investment firm Duball LLC has unveiled its latest development in Washington, DC – the upcoming boutique apartment community at Dupont Circle named Revere. The community is named in honor of Paul Revere, whose midnight ride was...
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