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Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected

Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected

by Phil Hall | Mar 2, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
New Bill Would Exempt Homebuilding Materials from Tariffs

New Bill Would Exempt Homebuilding Materials from Tariffs

by Phil Hall | Mar 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A new bill was introduced in the US Senate that would exclude homebuilding materials from President Trump’s tariff policy. The Housing Tariff Exclusion Act is designed to automatically exempt many homebuilding materials from current and future tariffs. Importers would...
Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens

Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens

by Phil Hall | Mar 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Real Estate Fraud Unit of the Los Angeles Police Department’s (LAPD) Commercial Crimes Division’s arrested Rita Ortiz for filing false mechanical liens on several residential properties. Ortiz filed mechanical liens on property titles for extraordinarily elevated...
HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing

HUD Proposes Rule Mandating Work Requirements and Time Limits in Public Housing

by Phil Hall | Mar 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has put forth a new proposed rule that provides public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners with the ability to mandate work requirements and time limits for...
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million

CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million

by Phil Hall | Mar 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million

Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million

by Phil Hall | Mar 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

SL Green Realty Corp. (NYSE:SLG) and its joint venture partner, Jeff Sutton’s Wharton Properties, announced it has closed on the sale of New York City’s 690 Madison Avenue for $54.5 million. The property is a five-story, 7,850-square-foot commercial building located...
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