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Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community

Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community

by Phil Hall | Nov 4, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Advanced Real Estate has acquired The Cove at West Covina, a 138-unit Southern California apartment community, for $41 million. Formerly known as Langdon Park, the gated property offers a mix of units ranging from studio to three-bedroom configurations. The...
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers

by Phil Hall | Nov 4, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

NewDay USA has rolled out NewDay Home, a product designed to help veterans and servicemembers achieve homeownership. According to the West Palm Beach, Florida-based company, NewDay Home enables qualifying borrowers to secure a fully underwritten, credit- and...
JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower

JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower

by Phil Hall | Nov 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In what could be seen as a major endorsement of Florida’s beleaguered condo market, JLL’s Capital Markets announced it secured $565.35 million in construction financing for The Residences at 1428 Brickell, a 70-story luxury condo tower in Miami’s Brickell...
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction

LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction

by Phil Hall | Nov 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Los Angeles mansion that was briefly the most US expensive home listed for sale is scheduled to be sold in a foreclosure auction. The Wall Street Journal reports the 8.5-acre Casa Encantada, which made headlines in 2023 with an audacious $250 million listing price,...
A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes

A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes

by Phil Hall | Nov 3, 2025 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: While most political observers are fixated on Tuesday’s elections in New York City, New Jersey and Virginia, there is a political storm brewing in advance of the 2026 elections that strangely received relatively scant national discussion. The center...
Robinhood Teams with Sage Home Loans on New Mortgage Offer

Robinhood Teams with Sage Home Loans on New Mortgage Offer

by Phil Hall | Nov 3, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Robinhood financial services platform has debuted a new mortgage offer through an exclusive agreement with the digital lender Sage Home Loans. Starting today, all eligible Robinhood Gold subscribers can access mortgage rates at least 0.75% below the national...
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