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CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
CMBS Delinquency Rate Down for November
November marked only fourth time this year that the overall CMBS delinquency rate decreased. Continue Reading CMBS Delinquency Rate Down for November
Maine Home Sales Rise as Prices Ease
A total of 1,582 single-family existing homes were sold during September in Maine, a 5.12% increase from the 1,505 transactions that occurred one year earlier. According to data from the Maine Association of Realtors, the median sales price during September was...
Report: Proposed Wisconsin Data Center to Reap Considerable Property Tax Breaks
An $8 billion Vantage data center planned for Port Washington, Wisconsin, could enjoy more than $450 million in local property tax breaks plus an exemption from state sales taxes. The Center Square reports the proposed facility is estimated to be valued at over $2.1...
Saudi Arabia Plans Soccer Stadium Built Atop Skyscraper
Do you recall the TV sitcom “The Jeffersons” with a family that was “moving on up to a deluxe apartment in the sky”? Well, the Saudi Arabian organizers of the 2034 World Cup are going one better – they’re moving on up to a deluxe soccer stadium in the sky. AS USA...
NEWS & CURRENT EVENTS
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
“During a time when housing is scarce, I will not stand for fraudsters coming to Harlem to try and perpetrate these pernicious schemes,” said Manhattan District Attorney Alvin Bragg. Continue Reading 6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
The coalition said their boycott was “motivated by Airbnb’s ties to President Trump’s anti-worker agenda.” Continue Reading Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
Clark County Commissioners Give OK for $2 Billion Las Vegas A’s Stadium
The commissioners in Nevada’s Clark County have unanimously voted their approval of the $2 billion Las Vegas baseball stadium for the Athletics franchise. SportsPro.com reports the county’ approval clears the process that will enable the team to access up to $380...
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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.
SEC Charges New Hampshire Developer with Defrauding Real Estate Investors
The US Attorney’s Office for the District of New Hampshire filed criminal charges against Robynne Alexander. Continue Reading SEC Charges New Hampshire Developer with Defrauding Real Estate Investors
Walker & Dunlop Arranges $170 Million Financing for Mixed-Use Salt Lake City Complex
Post District opened in December 2023 and spans five buildings. Continue Reading Walker & Dunlop Arranges $170 Million Financing for Mixed-Use Salt Lake City Complex
Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
North Korea Unveils Shoreline Tourist Mecca
North Korea’s tiny tourism industry was shut down during the pandemic and only began receiving Russian tourists again in 2024. Continue Reading North Korea Unveils Shoreline Tourist Mecca
Sen. Tim Sheehy Lists Montana Estate for $10.25 Million
The property, called Bird Point, is located along 2,400 feet of protected shoreline and encompasses three residences. Continue Reading Sen. Tim Sheehy Lists Montana Estate for $10.25 Million
Hits and Misses for the Real Estate Week of June 23-27
Cryptocurrency permeates housing policy, HUD muscles its way into a new headquarters, and Cincinnati will not have a new football stadium. Continue Reading Hits and Misses for the Real Estate Week of June 23-27
Report: ‘Million Dollar Beach House’ Agent Sara Burack ‘Homeless by Choice’ at Time of Death
“She was staying in bank foyers,” said Mike White, her former boyfriend. Continue Reading Report: ‘Million Dollar Beach House’ Agent Sara Burack ‘Homeless by Choice’ at Time of Death
GSEs Rebrand and Expand Common Securitization Solutions as US Fin Tech
“We created US Fin Tech to demonstrate the incredible ingenuity of American technology under President Trump’s leadership,” said FHFA’s Bill Pulte. Continue Reading GSEs Rebrand and Expand Common Securitization Solutions as US Fin Tech
Trepp Launches Training Program for Commercial Real Estate Professionals
“This initiative reflects Trepp’s commitment to supporting lifelong learning and strengthening the CRE talent pipeline,” said CEO Annemarie DiCola. Continue Reading Trepp Launches Training Program for Commercial Real Estate Professionals
OFA Group Signs LOI to Acquire Majority Stake in Aspire Homes Realty
The financial aspects of the deal were not disclosed. Continue Reading OFA Group Signs LOI to Acquire Majority Stake in Aspire Homes Realty
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