A Pair of San Francisco Hotels Sold at Steep Discount

by Phil Hall | Nov 24, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...

SITE Centers Corp. Sells 5 Retail Plazas

by Phil Hall | Nov 24, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Beachwood, Ohio-headquartered SITE Centers Corp. (NYSE: SITC), the owner and manager of open-air shopping centers, has completed the sale of five of its retail properties. The company sold a three-property portfolio consisting of East Hanover Plaza in East Hanover,...

New Initiative Seeks to Eliminate Property Taxes in Oklahoma

by Phil Hall | Nov 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Oklahoma has become the latest state to experience an effort to eradicate property taxes. Oklahoma Voice reports paperwork was filed with the Oklahoma Secretary of State to launch an initiative petition that would let voters decide on the reduction and eventual...

Hits and Misses for the Real Estate Week of Nov. 17-21

by Phil Hall | Nov 21, 2025 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. From the wild and wooly world of real estate, here are our Hits and Misses for the week...

Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments

by Phil Hall | Nov 21, 2025 | Current News & Events, International Real Estate News, Mortgage Information, Real Estate News, WRE News Exclusive

In order to pay for a typical Ontario home, families earning the local median income need to devote more than 50% of their after-tax earnings to monthly mortgage payments if they live in the province’s 14 urban centers – and that share rises to more than 110% if they...