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Iowa Democrats Offer Property Tax Relief Plan

Iowa Democrats Offer Property Tax Relief Plan

by Phil Hall | Jan 6, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Democrats in Iowa’s House of Representatives have proposed a property tax relief plan that would freeze rates for seniors and offer rebates for all homeowners. KEYC reports the proposal sets a 4% limit on the annual increases for property taxes beginning in 2028 while...
Compass Announces New Team to Serve Chicago Area

Compass Announces New Team to Serve Chicago Area

by Phil Hall | Jan 6, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Compass Inc. (NYSE: COMP) announced the recruitment of Chicago-area industry veterans Charlie Cohen and Alex Morsch to launch a five-agent team called Cohen Morsch. Before joining Cross Street, Cohen spent more than a decade at Ridgetree Properties, where he focused...
Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77

Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77

by Phil Hall | Jan 6, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Steve Sheetz, the convenience store executive who led the growth of his eponymous family-owned company to more than 800 locations across seven states, passed away on Jan. 4 at the age of 77 from respiratory complications following hospitalization for pneumonia....
Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal

Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal

by Phil Hall | Jan 6, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Larry Ellison, the chairman of the software company Oracle, has sold his mansion on San Francisco’s Gold Coast for $45 million. The Wall Street Journal reports the sale of the Pacific Heights property occurred last month in an unpublicized off-market transaction. The...
Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents

Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents

by Phil Hall | Jan 5, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Homeland Security (DHS) has called out the Hilton Hotels Corp. (NYSE: HLT) for canceling and refusing reservations by ICE agents in the Minneapolis area. DHS posted to its X account, “NO ROOM AT THE INN! @HiltonHotels has launched a coordinated...
Florida’s First Federal Bank Acquires NOLA Lending Group

Florida’s First Federal Bank Acquires NOLA Lending Group

by Phil Hall | Jan 5, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Lake City, Florida-headquartered First Federal Bank has acquired NOLA Lending Group, the mortgage division of New Orleans-based Fidelity Bank. Under the terms of the agreement, First Federal Bank will purchase NOLA Lending Group assets and will continue to serve...
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