NAIOP Rebrands as Commercial Real Estate Development Association

by Phil Hall | Jul 1, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

NAIOP, the trade association for commercial real estate developers, owners, investors and related professionals, has rebranded as the Commercial Real Estate Development Association (CREDA). The organization was founded in 1967 and now represents more than 21,000...

Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion

by Phil Hall | Jul 1, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) has announced its $1.65 billion acquisition of Giant Eagle Inc., a food and pharmacy retailer with approximately $9 billion in annual sales and 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West...

Illinois Realtors Donate $30,000 to Aid Counties Impacted by Tornadoes

by Phil Hall | Jul 1, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Illinois Realtors Relief Foundation has donated $30,000 to help residents of Coles and Effingham counties who were impacted by the tornadoes that damaged their communities on June 17. Roughly 1,000 homes endured storm damage, and some are beyond repair and will...

421-Unit Multifamily Community in NYC Suburb Sold to US-Japan Joint Venture for $237 Million

by Phil Hall | Jul 1, 2026 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm Kennedy Wilson has partnered with the Japanese firms Kenedix Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in the New York City suburb of West Harrison, New York, for $237 million. The Westchester...

Paige Pitcher Joins Federal Realty Investment Trust as SVP of Digital Innovation

by Phil Hall | Jul 1, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Federal Realty Investment Trust (NYSE:FRT), the North Bethesda, Maryland-based owner/operator and developer of retail-based properties, has hired Paige Pitcher for the newly created role of senior vice president of digital innovation. In her new job, Pitcher will...