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Discount Retailer Dirt Cheap Files for Bankruptcy, Announces Store Closings

Discount Retailer Dirt Cheap Files for Bankruptcy, Announces Store Closings

by Phil Hall | Oct 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Dirt Cheap, a discount retailer with more than 60 locations across the Southeast, has filed for bankruptcy and announced the chain will begin closing its stores. The retailer’s website said the brand is “the largest buyer of insurance claims in the United States,”...
Trump Pledges to ‘Get Rid of a Lot’ of Regulations Driving Up Home Construction Costs

Trump Pledges to ‘Get Rid of a Lot’ of Regulations Driving Up Home Construction Costs

by Phil Hall | Oct 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former President Donald Trump pledged to lower the cost of homebuying by cutting away at the regulatory burdens faced by homebuilders. During a town hall meeting in Oaks, Pennsylvania, on Monday evening, an audience member who identified himself as a single father and...
Coldwell Banker Expands Presence in Africa

Coldwell Banker Expands Presence in Africa

by Phil Hall | Oct 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Coldwell Banker Real Estate LLC, an Anywhere (NYSE: HOUS) brand, has expanded its’ international network with the new master franchise Coldwell Banker Tanzania and Zanzibar. The company noted Tanzania’s strategic position in East Africa and government...
Donald Trump’s One-Time Connecticut Home Sells for $31.5 Million

Donald Trump’s One-Time Connecticut Home Sells for $31.5 Million

by Phil Hall | Oct 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former President Donald Trump’s one-time home in the affluent town of Greenwich, Connecticut, has been sold for $31.5 million. The Wall Street Journal reported the property was not listed for sale – it has been on and off the market since 2009, with asking prices...
Houston Man Sentenced for Conning Friend in Real Estate Fraud Scheme

Houston Man Sentenced for Conning Friend in Real Estate Fraud Scheme

by Phil Hall | Oct 14, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Houston resident who cheated a friend in a phony real estate development deal has been sentenced for wire fraud. Walter Salek pleaded guilty April 5 to his involvement in a scheme to obtain more than $1 million and falsely informing an investor the funds would be...
New 67-Unit Community Being Developed in Fort Worth

New 67-Unit Community Being Developed in Fort Worth

by Phil Hall | Oct 14, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The NRP Group, a developer, builder, and manager of multifamily housing, has partnered with JPS Health Network to announce the financial closing of Thrive on Crawford, a 67-unit mixed-income multifamily development in Fort Worth, Texas. Sixty of the units will be...
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