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AD Mortgage Launches Housing-Focused Public Policy Initiative

AD Mortgage Launches Housing-Focused Public Policy Initiative

by Phil Hall | Jul 17, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

AD Mortgage, a Fort Lauderdale-based wholesale lender, has begun a Public Policy Initiative designed to strengthen the company’s engagement with policymakers, regulators, and industry stakeholders. The Public Policy Initiative will focus on issues including...
Man Behind Proposed Detroit-Area Sports and Entertainment Complex Charged with Wire Fraud

Man Behind Proposed Detroit-Area Sports and Entertainment Complex Charged with Wire Fraud

by Phil Hall | Jul 17, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Michigan man was charged in a criminal complaint for his alleged role in a scheme to obtain millions of dollars in investment funds in a phony real estate deal. According to the complaint, Kenneth Bardwell is the operator of a company called “Motown Sports Group...
Home Sales and Prices Surged Across Mid-Atlantic Region

Home Sales and Prices Surged Across Mid-Atlantic Region

by Phil Hall | Jul 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There were 23,278 closed sales in June across the Mid-Atlantic states within the Bright MLS service area in June, a 7.3% increase from one year earlier, while new pending sales were up 3.9% year-over-year. A total of 25,649 new listings came onto the market last...
Report: Office Market Demand at Highest Level in 6 Years

Report: Office Market Demand at Highest Level in 6 Years

by Phil Hall | Jul 17, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The second quarter national office vacancy declined 10 basis points (bps) year-over-year to 20.1%, marking the eighth straight quarter in which vacancy remained largely flat, according to a new data report from Cushman & Wakefield (NYSE: CWK). Overall vacancy fell...
California Sues Five Cities Over State Housing Law Compliance

California Sues Five Cities Over State Housing Law Compliance

by Phil Hall | Jul 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California has filed legal action against five local governments for not being in compliance with the state’s Housing Element Law. The law requires California’s cities and counties to update their housing plans every eight years to meet its Regional Housing Needs...
Stanley Martin Homes Acquires Florida’s Holiday Builders

Stanley Martin Homes Acquires Florida’s Holiday Builders

by Phil Hall | Jul 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Reston, Virginia-headquartered Stanley Martin Homes LLC announced its acquisition of the Florida-focused Holiday Builders Inc. Established in 1983, Holiday Builders constructs single-family homes across Florida. In 2025, the company closed approximately 1,050 homes...
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