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Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss

Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss

by Phil Hall | Nov 7, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The investment management firm Blackstone (NYSE: BX) is offloading its portfolio of 90 senior housing properties, incurring a $600 million loss on an investment of $1.8 billion. The Wall Street Journal reports Blackstone has been selling off the properties in a series...
Apartment Rents Record Greatest October Decline in Over 15 Years

Apartment Rents Record Greatest October Decline in Over 15 Years

by Phil Hall | Nov 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents declined in October with the national average falling to $1,708, a 0.3% dip from September’s revised figure of $1,713, according to data from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). The new data marks the fourth consecutive month of...
Scott Neil to Become CEO at Realtor.ca Canada

Scott Neil to Become CEO at Realtor.ca Canada

by Phil Hall | Nov 7, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Realtor.ca Canada Inc. has named Scott Neil as its new CEO, effective Jan. 5, 2026. Neil comes to Realtor.ca Canada from the online marketplace Kijiji Canada, where he was CEO. He previously held senior leadership roles at eBay, Adevinta, AutoTrader, Microsoft, and...
$21.5 Million Sale of Charleston Mansion Breaks City Record

$21.5 Million Sale of Charleston Mansion Breaks City Record

by Phil Hall | Nov 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A historic mansion in Charleston, South Carolina, dating back to 1800 was sold for $21.5 million, a record high residential sale for that market. Known as the Casper Christian Schutt House, the property at 51 East Bay Street encompasses four structures totaling over...
Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza

Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza

by Phil Hall | Nov 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Whitestone REIT (NYSE: WSR) has acquired the 90,391-square-foot World Cup Plaza in the Dallas suburb of Frisco, Texas. Located adjacent to FC Dallas: Toyota Stadium, World Cup Plaza was developed in 2007 and hosts a mix of retailers and restaurants, including Blue...
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project

Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project

by Phil Hall | Nov 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Jamie Dimon has distanced himself and his company from the demolition of the White House East Wing and the construction of a new massive ballroom. In a CNN interview, the CEO of JPMorgan Chase (NYSE: JPM) responded to an observation by anchor Erin Burnett that the...
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