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Rite Aid Shutters Remaining Stores

Rite Aid Shutters Remaining Stores

by Phil Hall | Oct 6, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2

Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2

by Phil Hall | Oct 3, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. From the wild and wooly world of real estate, here are our His and Misses for the week of Sept. 29-Oct. 3. Miss: A Long, Long Road to...
NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club

NJ Democrat Proposes Using Eminent Domain to Seize Trump’s Bedminster Golf Club

by Phil Hall | Oct 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Democratic candidate for the New Jersey legislature has proposed seizing the Trump National Golf Club at Bedminster by eminent domain as a response to the administration’s freezing of $18 billion earmarked for an infrastructure project. InsideNJ.com reports the...
NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000

NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000

by Phil Hall | Oct 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A New York City man was indicted for stealing approximately $25,000 from three prospective renters by pretending to be a real estate broker and showing them apartment that he was not authorized to sell. According to the charges brought against him, Juan Valloy ran a...
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million

K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million

by Phil Hall | Oct 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New Orleans’ historic office property K&B Plaza has been listed for sale for the first time in more than half a century, with an asking price of $11.4 million. According to a report in New Orleans City Business, the seven-story, 69,569-square-foot complex in the...
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief

Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief

by Phil Hall | Oct 3, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Florida Gov. Ron DeSantis has raised the idea of calling a special legislative session that would focus on cutting property taxes. WLRN.org reports that legislators are currently weighing ideas on relieving the state’s property tax burden, which would be voted on...
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