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Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Newmark Group Inc. served as exclusive advisor to Scholastic Corporation on both sale-leaseback transactions Continue Reading Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Newmark Group Inc. served as exclusive advisor to Scholastic Corporation on both sale-leaseback transactions Continue Reading Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Denver-Area Fire Department Seeks Property Tax Hike to Offset Budget Shortfall
A fire department in the Denver metro area is seeking a property tax hike to cover a projected $500 million budget shortfall over the next decade. CBS News reports the South Metro Fire Rescue serves nearly 600,000 residents in Arapahoe, Douglas and Jefferson counties....
Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
Sacramento Mayor Kevin McCarty is proposing a property tax hike that will be used to finance new housing developments. CBS News reports McCarty unveiled his plan during his first State of the City address on Monday. The mayor is proposing to enact a fee that will be...
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative
The city government for Charlotte, North Carolina, has selected 12 faith-based organizations to participate in a new affordable housing development initiative. The Charlotte Observer reports the city’s Faith in Housing initiative will provide the religious groups with...
NEWS & CURRENT EVENTS
Modular Housing Provider Boxabl Expands into South Carolina
With this approval, the company can proceed with a manufacturing and supply contract with Horizons Getaways for the delivery of its 150 Casita units. Continue Reading Modular Housing Provider Boxabl Expands into South Carolina
Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
This is the second Trump-branded development in Saudi Arabia. Continue Reading Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
Brennan Investment Acquires 16-Building Industrial Portfolio in Houston
The buildings were built between 1999 and 2018, ranging in size from 11,000 to 450,000 square feet, and are designed for manufacturing operations. Continue Reading Brennan Investment Acquires 16-Building Industrial Portfolio in Houston
Trump Posts Meme Showing Him Firing Jerome Powell
The post had no text accompaniment and the White House offered no explanation on whether this a harbinger of things to come or another example of Trump trolling Powell. Continue Reading Trump Posts Meme Showing Him Firing Jerome Powell
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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.
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
Alabama Home Sales Dropped in April
The median sales price of $224,967 marked a 2.2% monthly decrease ($5,033) and an annual increase of 13.3% from the $198,486 price recorded one year earlier. Continue Reading Alabama Home Sales Dropped in April
New York Real Estate Broker Arrested for Forgery and Identity Theft
An investigation found Jean Maloney forged the business owner’s signature on a real estate sale contract for a property owned by the business. Continue Reading New York Real Estate Broker Arrested for Forgery and Identity Theft
Penn State to Close 7 Campuses
The board voted 25 to 8 to close the DuBois, Fayette, Mont Alto, New Kensington, Shenango Wilkes-Barre and York campuses. Continue Reading Penn State to Close 7 Campuses
Home Sales and Prices Down in Florida
The statewide median sales price for single-family existing homes last month was $412,734, down 4% from the previous year. Continue Reading Home Sales and Prices Down in Florida
Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
The state’s price increases of 63.7% over the past five years outpaced the national average of 55.5%. Continue Reading Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
New York State Records 6.2% Drop in Home Sales
The state’s median price of homes increased for the 21st straight month. Continue Reading New York State Records 6.2% Drop in Home Sales
OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
The buildings’ construction will be funded by G42 while the data center will be operated by OpenAI and the tech company Oracle. Continue Reading OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. Continue Reading Mortgage Rates Inch Up
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