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Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
Owner of Minnesota Lodge Resort Charged with Torching the Property
He submitted a $16.5 million insurance claim, citing “a fire of unknown origin” as the cause of the destruction. Continue Reading Owner of Minnesota Lodge Resort Charged with Torching the Property
JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
In what could be seen as a major endorsement of Florida’s beleaguered condo market, JLL's Capital Markets announced it secured $565.35 million in construction financing for The Residences at 1428 Brickell, a 70-story luxury condo tower in Miami's Brickell Financial...
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
MCB Real Estate, a Baltimore-headquartered commercial real estate developer and investment management firm, is renewing its’ attempts to acquire Houston-based Whitestone REIT (NYSE: WSR) by offering to purchase all the outstanding Whitestone shares for $15.20 per...
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
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,...
NEWS & CURRENT EVENTS
Eric Trump Previews Plans to Tokenize Real Estate
“If I decided to build a hotel in Washington, DC or in Dubai or in New York, why do I have to go out using Deutsche Bank?” he said. Continue Reading Eric Trump Previews Plans to Tokenize Real Estate
Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
Lawmakers will consider which resolutions go on the ballot when the legislative session resumes in early 2026. Continue Reading Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
Cody Holmes was arrested on a federal criminal complaint charging him with mail fraud. Continue Reading CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
REMAX: Home Sales Up by 8.5% Year-Over-Year
The median sales price in September was $439,000, a decrease of $6,000 (1.3%) from August, Continue Reading REMAX: Home Sales Up by 8.5% Year-Over-Year
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
The real state real property tax rate has been reduced from 10.9 cents to 10.6 cents per $100 assessed value. Continue Reading Kentucky Reduces State’s Property Tax Rate for Fifth Straight Year
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
The new bill applies only to individuals selling their primary residence and does not apply to home flippers or real estate investors. Continue Reading New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales
NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Cesar Humberto Pina, also known as “Flipping NJ,” gained influencer status through a series of real estate seminars conducted around the country. Continue Reading NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Saudi Arabia to Allow Property Ownership by Foreigners
However, properties in the holy cities Makkah and Madinah will not be open to foreign buyers. Continue Reading Saudi Arabia to Allow Property Ownership by Foreigners
Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
He has transitioned to the role of vice chairman of the board of directors. Continue Reading Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
A recent Supreme Court ruling stated that Fed officials cannot be fired by a president at will. Continue Reading White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
Del Webb Breaks Ground on 55+ Community in Austin Suburb
The completed project will encompass over 500 residences to be built across 323 acres. Continue Reading Del Webb Breaks Ground on 55+ Community in Austin Suburb
Historic Masonic Temple in Oakland Listed for Sale
The Scottish Rite Temple is an 85,000-square-foot building spanning four levels. Continue Reading Historic Masonic Temple in Oakland Listed for Sale
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
“We have mandated expenses to fix the inhumane conditions there,” said Commissioner Dana Barrett. Continue Reading Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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