Exclusive WRE News Articles
This page highlights articles exclusive to Weekly Real Estate News. Here, you'll find insights from industry professionals, expert outlooks and trends and professional resources. Subscribe to UpdatesExclusive Weekly Real Estate News Articles
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Joint Venture Acquires Sotherly Hotels REIT
“This transaction is a testament to the high-quality portfolio that Sotherly has built over the past 20-plus years,” said David Folsom, Sotherly’s CEO. Continue Reading Joint Venture Acquires Sotherly Hotels REIT
Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
“This all-cash transaction will deliver significant, immediate and certain value to Plymouth shareholders,” said Jeff Witherell, CEO and co-founder of Plymouth. Continue Reading Plymouth Industrial REIT Acquired by Joint Venture for $2.1 Billion
Additional Reading: Realtor Tools & Insights
Douglas Elliman in Rebranding Initiative After Selling Property Management Division
Watson’s client list includes Mandarin Oriental, Mayo Clinic, and Four Seasons. Continue Reading Douglas Elliman in Rebranding Initiative After Selling Property Management Division
Steve Francis Named Charlotte Division President at Tri Pointe Homes
Francis joins the company following a tenure as division president for Pulte Group in Charlotte. Continue Reading Steve Francis Named Charlotte Division President at Tri Pointe Homes
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
“That is a Pandora’s box the court refuses to open,” said US District Judge Franklin Valderrama. Continue Reading Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million
Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033
Foreign investment in Australia’s office, retail, and industrial markets topped $7 billion during the fourth quarter of 2024. Continue Reading Report: Australia’s Commercial Property Market to Reach $78.5 Billion by 2033
Report: Denver Broncos Buying Industrial Parcels for Possible New Stadium
The Broncos have been based at Empower Field at Mile High since 2001. Continue Reading Report: Denver Broncos Buying Industrial Parcels for Possible New Stadium
Housing Report Finds Most At-Risk Counties in California and New Jersey
More than half (27) of the 50 least at-risk counties in the analysis were in Southern states. Continue Reading Housing Report Finds Most At-Risk Counties in California and New Jersey
HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
HomeXpress will operate as a subsidiary of Chimera under the continuing leadership of President and CEO Kyle Walker. Continue Reading HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS
Gabriel David Guerrero is free on $50,000 bond and is scheduled for a Sept. 15 sentencing hearing. Continue Reading California Commercial Real Estate Broker Pleads Guilty to Obstructing the IRS












