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Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
Morgan Properties Acquires Dream Residential REIT for $354 Million
Dream Residential Real Estate Investment Trust (TSX: DRR.U, DRR.UN) is being acquired by an affiliate of Morgan Properties LP in an all-cash transaction valued at approximately $354 million. Toronto-headquartered Dream Residential REIT owns a portfolio of garden-style...
St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
A Missouri man has pleaded not guilty to two separate indictments of conspiring to steal or try to steal 16 homes and a duplex with bogus deeds. James L. Townes Jr. of the St. Louis suburb of Berkeley was indicted by a grand jury on June 25 with one count of mail...
New Website Offers Information for Households Moving to Texas
A new online resource has launched to provide households with information on relocating to Texas. Users who tap into InsideTexasRealEstate.com will receive data and insights on cities, counties, schools, neighborhoods, and lifestyle across the Lone Star State. The...
NEWS & CURRENT EVENTS
Mortgage Rates on the Rise Again
The 30-year fixed-rate mortgage averaged 6.75% as of July 17. Continue Reading Mortgage Rates on the Rise Again
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
Staccato Powell pleaded guilty to wire fraud, mail fraud, conspiracy to commit wire fraud and mail fraud as part of a scheme to gain control of church properties via forged documents and false statements. Continue Reading Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations
White House Demands Access to Fed HQ Renovation Site
The president has sent mixed signals on whether he wants to dismiss the central bank chief. Continue Reading White House Demands Access to Fed HQ Renovation Site
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
The average loan size for new homes decreased from $379,209 in May to $376,077 in June. Continue Reading Mortgage Applications on New Home Purchases Up 8.5% from Last Year
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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.
How the Grinch Sells Real Estate
Some Grinch listings generated as much as an 840% spike in online views versus the non-Grinch listings. Continue Reading How the Grinch Sells Real Estate
VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
VanTrust anticipates construction on the first two buildings will start in late spring 2025 and deliver in late spring 2026. Continue Reading VanTrust Real Estate Acquires 32-Acre Site in Utah for Industrial Warehouses
Chicago Mayor Postpones Budget Vote Over Opposition to Property Tax Hike
Chicago has a Dec. 31 deadline to get the budget approved, or else it would risk a reduction in its bond rating. Continue Reading Chicago Mayor Postpones Budget Vote Over Opposition to Property Tax Hike
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Neighborhood Ventures said it raised over $1 million for the property in less than eight hours through a crowdfunding initiative. Continue Reading Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
The property last changed hands in 2019 when Starwood Capital Group paid $315 million to buy it. Continue Reading Minneapolis’ Wells Fargo Center is Sold to Three Investor Groups
Matt Nader Named President at First Home Mortgage
He replaces Tim Whittier, who was appointed president in May but stepped down last month. Continue Reading Matt Nader Named President at First Home Mortgage
DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
The DOJ insisted “the words ‘close’ and ‘reopen’ are not mutually exclusive.” Continue Reading DOJ Tells Supreme Court It Never Agreed ‘Not to Reopen’ NAR Probe
Travis Kessler to Retire as Chief Executive at Texas Realtors
Texas Realtors announced that President and CEO Travis Kessler will retire on March 31, 2025, from the position he has held since 2010. Mike Barnett, who has served as the 155,000-member organization’s executive vice president for the past 12 years, will assume...
MBA Proposes Ginnie Mae Early-Buyout Securitization
“An EBO security addresses the timing mismatch within Ginnie Mae’s program,” said MBA’s Bob Broeksmit. Continue Reading MBA Proposes Ginnie Mae Early-Buyout Securitization
Bascom Group Acquires Seattle Multifamily Community
Built in 1992, the property features a five-story residential building situated above two levels of structured parking. Continue Reading Bascom Group Acquires Seattle Multifamily Community
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