Philadelphia’s Tioga-Franklin Savings Bank Becomes Fifth Bank Failure of the Year

by Phil Hall | Aug 24, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Philadelphia’s Tioga-Franklin Savings Bank has become the nation’s fifth bank failure of the year. The $68 million-asset Black-owned bank was closed on Friday by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corp....

Knightvest Capital Acquires 3 Austin-Area Multifamily Communities

by Phil Hall | Aug 24, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Dallas-based multifamily investment firm Knightvest Capital has acquired a portfolio of three multifamily communities totaling 1,027 units in the Austin suburb of Round Rock, Texas. The acquisition, which represents the 20th investment in Knightvest’s Fund...

First American Home Warranty Hires Jason Gritters as Chief Revenue Officer

by Phil Hall | Aug 24, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

First American Home Warranty, a subsidiary of First American Financial Corporation (NYSE: FAF), has hired Jason Gritters for the newly role of chief revenue officer. In his new position, Gritters will lead First American Home Warranty’s real estate line of business...

Taylor Hospitality Completes Acquisition of Historic West Virginia Hotel

by Phil Hall | Aug 24, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Taylor Hospitality, a Waynesboro, Virginia-based hospitality management company, has completed its acquisition of The Blennerhassett, the 1889 landmark hotel in downtown Parkersburg, West Virginia. The 82-room hotel will be rebranded as The Blennerhassett, a Giovanni...

Brennan Investment Group Expands into Phoenix Market, Taps Matt Field as SVP

by Phil Hall | Aug 24, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Brennan Investment Group, a private real estate investment firm focused on industrial properties, is expanding into the Phoenix with the appointment of Matt Field as senior vice president. Field brings approximately 15 years of commercial real estate experience, with...