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Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 13-17. Hit: Some Rent Relief. A new data...
California Home Flipper Indicted for Defrauding Lenders Over Six Years
A California man who flipped properties for a living was indicted for defrauding lenders over a six-year span. According to the indictment, Steven Taylor of Brentwood used fake bank statements and false cash representations to obtain loans and lines of credit to...
Lennar Begins Sales at New Community in Texas
The homebuilder Lennar Corp. (NYSE: LEN) has begun sales at River Bridge Ranch, a new community in San Marcos, Texas. The development encompasses 28 single-family homes featuring one- and two-story open concept floorplans. Homes range from 1,200 to 2,780 square feet,...
NEWS & CURRENT EVENTS
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Eric Drinkwater was licensed with RE/MAX Central since 2005. Continue Reading Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
NEADA is also predicting higher natural gas costs, with the average household gas bill increasing from $639 to $693. Continue Reading Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
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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.
Hawaii Man Pleads Guilty to Defrauding 78-Year-Old Out of His Home and Yacht
John Tamahere McCabe is scheduled for an Oct. 16 sentencing hearing and faces a statutory maximum sentence of 20 years in federal prison. Continue Reading Hawaii Man Pleads Guilty to Defrauding 78-Year-Old Out of His Home and Yacht
NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage
Jumaane Williams owed nearly $1 million in mortgage debt. Continue Reading NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage
Elon Musk’s SpaceX Facility to Become America’s Newest City
A weekend vote of 212-6 resulted in the green light to organize the facility and launch site into the City of Starbase. Continue Reading Elon Musk’s SpaceX Facility to Become America’s Newest City
Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann
Burlington’s acquisition follows an expansion strategy by the company that saw the opening of 101 new stores last year. Continue Reading Burlington to Acquire 45 Store Locations from Bankrupt Retailer Jo-Ann
Warren Buffett to Retire as Berkshire Hathaway’s Chief Executive at Year’s End
Buffett stated that he wanted to see Greg Abel as his replacement. Continue Reading Warren Buffett to Retire as Berkshire Hathaway’s Chief Executive at Year’s End
Hits and Misses for the Real Estate Week of April 28-May 2
The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of April 28-May 2
Social Media Influencer Charged with Defrauding Real Estate Investors Out of $11 Million
Bossetti received more than $20 million in investments between September 2019 and June 2023. Continue Reading Social Media Influencer Charged with Defrauding Real Estate Investors Out of $11 Million
Chicago Real Estate Developer Sentenced for Embezzlement That Fueled Bank’s Failure
Miroslaw Krejza was convicted by a federal jury in 2023. Continue Reading Chicago Real Estate Developer Sentenced for Embezzlement That Fueled Bank’s Failure
T-Max Lending Moves HQ from San Diego to Sacramento
The company said the relocation places it “at the heart of California’s government and financial regulatory activity.” Continue Reading T-Max Lending Moves HQ from San Diego to Sacramento
NAR’s Chief Economist on Jobs Data: ‘The Economy is Progressing’
“Income growth is outpacing consumer price inflation,” said Lawrence Yun. Continue Reading NAR’s Chief Economist on Jobs Data: ‘The Economy is Progressing’
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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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