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Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
The company said the property has been well-maintained by the previous ownership, and there are no significant deferred maintenance needs. Continue Reading Prudent Growth Partners Acquires Houston Retail Center for $5.75 Million
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Texas Attorney General Ken Paxton has filed a lawsuit against the East Plano Islamic Center (EPIC), Community Capital Partners (CCP), and several of their executives, accusing them of violating Texas securities law by engaging in an illegal development scheme. The...
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The town of Orange, Connecticut, has enacted a ban on short-term Airbnb-type rentals lasting less than 30 days in residential areas. WFSB reports the Planning and Zoning Committee amended its zoning regulations following complaints from neighbors about loud and wild...
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 1-5. Miss: A Boston Debacle....
NEWS & CURRENT EVENTS
Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
The university cannot receive public funding for this endeavor unless it specifically requests an appropriation from the state. Continue Reading Michigan State University Launches $1 Billion Initiative to Upgrade Athletic Facilities
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
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
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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.
Report: Trump Wants His Name on New Commanders Stadium
Trump is reportedly not interested in buying the naming rights or having a corporation buy it for him. Continue Reading Report: Trump Wants His Name on New Commanders Stadium
Wendy’s to Close Hundreds of US Restaurants
This is the second time in a year that Wendy’s began closing scores of restaurants. Continue Reading Wendy’s to Close Hundreds of US Restaurants
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
The administration overturned a Biden-era plan to move the agency’s offices out of Washington to a new building that was planned for Greenbelt, Maryland. Continue Reading Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State
Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Blackstone has been selling off the properties in a series of one-off transactions. Continue Reading Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Scott Neil to Become CEO at Realtor.ca Canada
Neil was previously CEO at the online marketplace Kijiji Canada. Continue Reading Scott Neil to Become CEO at Realtor.ca Canada
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
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