Tampa Bay Rays Offer to Pay for Half of Proposed New Stadium

by Phil Hall | Feb 2, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Tampa Bay Rays agreed to cover at least half of the cost for the proposed stadium to be constructed on the site of Hillsborough College’s Dale Mabry campus. The team’s offer is part of a document titled “Update on Tampa Bay Rays Ballpark Discussions” that was...

Virginia Duo Sentenced for Mortgage and Investment Fraud Schemes

by Phil Hall | Feb 2, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A pair of former financial services specialists in Virginia were sentenced for conspiracy to commit mail and wire fraud impacting financial institutions relating to their unlawful use of client information to obtain loans. According to court documents, Roberta Leigh...

Chicago Bank Becomes First to Fail in 2026

by Phil Hall | Feb 2, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chicago-based Metropolitan Capital Bank & Trust was closed on Jan. 30 by the Illinois Department of Financial and Professional Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This marks the first bank failure of 2026. The...

Homebuyers in 2025 Scored the Biggest Price Discounting in 13 Years

by Phil Hall | Feb 2, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The typical homebuyer who acquired a home for below the list price in 2025 enjoyed a 7.9% discount on the purchase, the largest since 2012. According to data from Redfin, one in four homebuyers who snagged discounts came away with 10% or more off the list price....

Anchorage to Review Property Tax Appraisals Following Complaints Over Elevated Assessments

by Phil Hall | Feb 2, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The growing revolt against onerous property taxes has spread north to Alaska, with Anchorage Mayor Suzanne LaFrance ordering a review of property tax assessments following a wave of complaints from homeowners about “unusually” high value increases. The Anchorage Daily...