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LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction

LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction

by Phil Hall | Nov 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Los Angeles mansion that was briefly the most US expensive home listed for sale is scheduled to be sold in a foreclosure auction. The Wall Street Journal reports the 8.5-acre Casa Encantada, which made headlines in 2023 with an audacious $250 million listing price,...
CMBS Delinquency Rate Surges to 7.46%

CMBS Delinquency Rate Surges to 7.46%

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

The delinquency rate for commercial mortgage-backed securities (CMBS) surged by 23 basis points in October to 7.46%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 5.98%, a difference of 148 basis points. Last month, the overall...
DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire

DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire

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

Reverie Residential, the Washington, DC-area brokerage formerly known as City Chic Real Estate, has expanded into Southern New Hampshire, where founder and principal broker Lindsay Dreyer has her roots. The Southern New Hampshire expansion will establish...
ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million

ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million

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

ECGI Holdings Inc. (OTC: ECGI), and Irvine, California-based technology-driven investment and development company, has signed a binding Letter of Intent (LOI) to acquire RezyFi Inc., a mortgage lender licensed in 29 states, in a stock-for-stock deal valued at...
Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio

Toronto-Based REIT Acquires Manufactured Housing Communities in Indiana and Ohio

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

Toronto-headquartered Flagship Communities Real Estate Investment Trust (TSX:MHC.U, MHC.UN) has paid a combined $79 million to acquire manufactured housing communities (MHC) in Indiana and Ohio. Flagship completed the acquisition of a community in Seymour, Indiana,...
A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes

A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes

by Phil Hall | Nov 3, 2025 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: While most political observers are fixated on Tuesday’s elections in New York City, New Jersey and Virginia, there is a political storm brewing in advance of the 2026 elections that strangely received relatively scant national discussion. The center...
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