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Lennar Announces Two Executive Promotions

Lennar Announces Two Executive Promotions

by Phil Hall | Jun 8, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Miami-headquartered Lennar Corp. (NYSE: LEN, LEN.B) announced the promotions of Jim Parker to chief operating officer and David Grove to executive vice president of homebuilding. Parker and Grove most recently served as area presidents, leading Lennar’s East...
Ohio Initiative to Abolish Property Taxes Falls Short in Gathering Signatures for Ballot Referendum

Ohio Initiative to Abolish Property Taxes Falls Short in Gathering Signatures for Ballot Referendum

by Phil Hall | Jun 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A grassroots Ohio initiative to eliminate property taxes acknowledged it lacked the necessary signatures for a proposed constitutional amendment on the November ballot. 10tv.com reports the Committee to Abolish Ohio’s Property Taxes, known as AxOhioTax, needed...
Former Mayor of NJ Town Sentenced in Mortgage Fraud Case

Former Mayor of NJ Town Sentenced in Mortgage Fraud Case

by Phil Hall | Jun 8, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Nathaniel Anderson, a town councilman and the former Mayor of Willingboro in Burlington County, New Jersey, was sentenced to 12 months and a one day in prison, followed by a three-year term of supervised release for committing mortgage fraud in connection with a...
Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas

Elon Musk’s SpaceX Snags 100% Property Tax Abatement for Chip Manufacturing Development in Texas

by Phil Hall | Jun 8, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk’s SpaceX has secured a 100% property tax abatement for its proposed $55 billion Terafab chip manufacturing ​project in Grimes County, Texas. SpaceX said the project is crucial to its efforts to expand into advanced computing infrastructure and domestic chip...
Two Harbors Challenges UWM to Make All-Cash Offer with No Stock Component

Two Harbors Challenges UWM to Make All-Cash Offer with No Stock Component

by Phil Hall | Jun 8, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The drama involving UWM Holdings Corporation’s (NYSE: UWMC) attempt to acquire Two Harbors Investment Corp. (NYSE: TWO) took a new twist as the Two Harbors issued a bold challenge to its persistent suitor. While the board of Two Harbors said it continued to urge...
Darren Macri Named Board President of Passive House Network

Darren Macri Named Board President of Passive House Network

by Phil Hall | Jun 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Passive House Network, a nonprofit organization focused on providing educational outreach on the Passive House sector, as named Darren Macri as the president of its board. Macri, who previously served as the board’s vice chairman, is co-CEO of Wythe Windows, a Ramsey,...
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