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Planned Industrial Park in Texas to Seek Asia-Pacific Manufacturers as Tenants

Planned Industrial Park in Texas to Seek Asia-Pacific Manufacturers as Tenants

by Phil Hall | Dec 10, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

ASC Global Inc., a wholly owned subsidiary of Token Communities (OTC PINK:TKCM), has executed a Letter of Intent to acquire 749 acres of development site in Texas for an industrial park that will have Asia-Pacific manufacturers as tenants. According to the company,...
Realtor.com Predicts Top Housing Markets for 2025

Realtor.com Predicts Top Housing Markets for 2025

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three weeks ahead of New Year’s Eve, Realtor.com has published its forecast for the Top Housing Markets for 2025 – with all the locations based in the South and the West. The new year’s top 10 housing markets, ranked in order, are: Colorado Springs, Colorado...
TurboTenant Acquires REI Hub

TurboTenant Acquires REI Hub

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

TurboTenant, a provider of rental property management software, has acquired REI Hub, a rental property accounting software. According to the companies, the acquisition will enable independent landlords to access an expanded suite of tools designed to simplify the...
California Man Sentenced for Real Estate Investing Fraud Scheme

California Man Sentenced for Real Estate Investing Fraud Scheme

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A California man at the center of a real estate scam that raised $13.8 million by falsely promising investors returns of up to 10% was sentenced to 15 years and one month in prison. The Orange County Register reported Brett Barber, who was a co-owner of Newport...
Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

by Phil Hall | Dec 10, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Arizona-based fast-food sandwich chain Eegee’s has filed for Chapter 11 bankruptcy and closed five of its eateries. According to combined media reports, the 53-year-old chain listed both assets and liabilities of between $10 million and $50 million and said it has...
Executive Changes at LTC Properties

Executive Changes at LTC Properties

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

LTC Properties Inc. (NYSE: LTC), a real estate investment trust focused on seniors housing and health care properties, announced changes in its executive leadership with the appointment of Wendy Simpson as executive chairman of the board of directors, the promotion of...
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