Manhattan’s Average Asking Rent Rises Over $5,600

by Phil Hall | Aug 31, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Manhattan’s overall average asking rent in June led all major multifamily markets at a fairly significant $5,651, according to a new report from Yardi Matrix. The high rent, coupled with limited construction activity and a 98.2% occupancy rate, pushed Manhattan’s...

British Columbia Real Estate Agent Suspended and Fined for Buying and Renting Affordable Housing Unit

by Phil Hall | Aug 31, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A real estate agent in Victoria, British Columbia, had his license suspended for six months and was fined $200,000 for violating rules related to a provincial affordable homeownership program. Castanet.com reports the British Columbia Financial Services Authority...

Indiana Realtors Secure $500,000 Grant to Assist State Residents Impacted by Recent Storms

by Phil Hall | Aug 31, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Indianapolis-headquartered MIBOR Realtor Association, which encompasses nearly 10,000 members across 14 Indiana counties, has partnered with the Indiana Association of Realtors (IAR) to secure an initial $500,000 grant from the Realtors Relief Foundation for...

Kennedy Wilson Teams with Japanese Construction Firm on Atlanta-Area Multifamily Development

by Phil Hall | Aug 31, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm Kennedy Wilson has partnered with the Japanese construction company Shimizu Corp. to develop Caldwell, a 382-unit luxury multifamily community in the Atlanta suburb of Sandy Springs, Georgia. The community, which is being built on the...

Hits and Misses for the Real Estate Week of Aug. 24-28

by Phil Hall | Aug 28, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bigger price tags on smaller homes, the Chicago Bears refuse to commit to a new stadium site, and Dolly Parton’s commercial real estate success. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 24-28. Miss: Shrinkflation...