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Ares Management Acquires Whitestone REIT for $1.7 Billion

Ares Management Acquires Whitestone REIT for $1.7 Billion

by Phil Hall | Apr 9, 2026 | Commercial Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Management Corporation (NYSE: ARES), a New York City-based global alternative investment manager, announced that certain Ares Real Estate funds are acquiring all commons shares and operating partnership units of Houston-headquartered Whitestone REIT (NYSE: WSR)...
The Granola Bar, NYC-Area Restaurant Group, Taps Bialow Real Estate for Nationwide Expansion

The Granola Bar, NYC-Area Restaurant Group, Taps Bialow Real Estate for Nationwide Expansion

by Phil Hall | Apr 9, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Granola Bar, a Westport, Connecticut-headquartered restaurant group with eight locations across the New York City metro area, announced a strategic partnership with Bialow Real Estate, a retail and restaurant tenant representation firm. According to the companies,...
Ex-Massachusetts Real Estate Executive Sentenced for Tax Fraud and Obstruction of Justice

Ex-Massachusetts Real Estate Executive Sentenced for Tax Fraud and Obstruction of Justice

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

Stephen L. Hochberg, a former Massachusetts real estate executive was sentenced to two years in prison followed by three years supervised release, for his role in a multi-year scheme to cheat the Internal Revenue Service (IRS) with under-the-table pay of more than...
Over Half of Canadian Homeowners Prepare to Cut Spending Ahead of Mortgage Renewals

Over Half of Canadian Homeowners Prepare to Cut Spending Ahead of Mortgage Renewals

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

Canadian homeowners facing mortgage renewals are preparing to cut their budgets to manage higher payments, while prospective buyers are preparing to make a move later this year. According to a new survey from TD Bank, more than half (56%) of Canadian homeowners said...
JLL Names Mark Kreisman as Global Division President for Financial Services

JLL Names Mark Kreisman as Global Division President for Financial Services

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

Chicago-based JLL (NYSE: JLL) has appointed Mark Kreisman as its new global division president for the financial services division. In his new role, Kreisman will oversee a global portfolio of approximately one billion square feet, guiding banking, financial services,...
Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?

Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?

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

There are affluent neighborhoods, then there are very wealthy neighborhoods, and then there is a Cape Cod locality where nearly all active listings carry prices starting in the seven-digit range. According to data from Realtor.com, Nantucket, Massachusetts, has the...
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