Citi Foundation Creates $20 Million RFP Initiative for Nonprofit Housing Developers

by Phil Hall | Jun 3, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Citi Foundation has announced a $20 million Request for Proposal (RFP) initiative focused on helping nonprofit developers overcome barriers to building and preserving affordable housing. The 2026 Housing Supply RFP is designed to help fund efforts to preserve...

Report: NY Attorney General Investigating Compass Over Potential Antitrust Issues

by Phil Hall | Jun 3, 2026 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

New York Attorney General Letitia James is reportedly conducting an investigation of Compass International Holdings (NYSE: COMP) regarding its dominance in the state’s real estate market. The Real Deal first reported the probe by the antitrust division of James’...

Mortgage Application Activity Declines by 2.5%

by Phil Hall | Jun 3, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity slowed again for the week ending May 29, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Memorial Day holiday. The Market Composite Index, the MBA’s measure of mortgage loan...

Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Billion

by Phil Hall | Jun 3, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

BKM Capital Partners and the investment firm Kayne Anderson Real Estate have acquired a 51-property, 8.5 million-square-foot portfolio from the Link Logistics portfolio for $1.81 billion. The acquired portfolio includes multi-tenant light industrial properties across...

Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High

by Phil Hall | Jun 3, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median list prices fell 2.4% year-over-year during May, according to a new report from Realtor.com. This marked the steepest decline in data recorded by Realtor.com since 2017. The national median list price was $429,500 in May, up 1.1% from April but down 2.4% from...