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Owner of Minnesota Lodge Resort Charged with Torching the Property

Owner of Minnesota Lodge Resort Charged with Torching the Property

by Phil Hall | Dec 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The owner of a historic lodge in Lutsen, Minnesota has been arrested for starting the February 2024 fire that destroyed the property. Located along Lake Superior, Lutsen Resort dated back to 1885 and was promoted as Minnesota’s oldest resort. The New York Post...
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million

Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million

by Phil Hall | Dec 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The New York City-based real estate investment firm Ashkenazy Acquisition Corp. has acquired Orland Park Place, a retail plaza in the Chicago suburb of Orland Park, Illinois, for $60 million. The 600,000-square-foot shopping destination features retailers such as...
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year

Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year

by Phil Hall | Dec 5, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
Execution Date Set for Killer of 2 Georgia Realtors

Execution Date Set for Killer of 2 Georgia Realtors

by Phil Hall | Dec 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The State of Georgia has announced the execution date for Stacey Ian Humphreys, who was convicted 22 years ago in the murder of two realtors. 11alive.com reports Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. This will be the state’s first...
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case

Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case

by Phil Hall | Dec 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Justice (DOJ) has reportedly hit a new roadblock in its attempts to prosecute New York Attorney General Letitia James on mortgage fraud-related charges. CNN, sourcing its information from an unnamed “person familiar with the development,” is...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market

New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market

by Phil Hall | Dec 5, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Saudi Arabia’s Real Estate General Authority (REGA) has launched “Saudi Properties” as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law...
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