Maryland Sues Trump Administration for Blocking FBI HQ Relocation to the State

by Phil Hall | Nov 7, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Maryland’s state government has filed a lawsuit against the Trump administration for canceling construction on a new FBI headquarters in the state. The Epoch Times reports the administration overturned a Biden-era plan to move the agency’s offices out of...

Blackstone Quietly Offloading $1.8 Billion Senior Housing Portfolio at a Loss

by Phil Hall | Nov 7, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The investment management firm Blackstone (NYSE: BX) is offloading its portfolio of 90 senior housing properties, incurring a $600 million loss on an investment of $1.8 billion. The Wall Street Journal reports Blackstone has been selling off the properties in a series...

Apartment Rents Record Greatest October Decline in Over 15 Years

by Phil Hall | Nov 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Apartment rents declined in October with the national average falling to $1,708, a 0.3% dip from September’s revised figure of $1,713, according to data from Apartments.com, a division of CoStar Group (NASDAQ: CSGP). The new data marks the fourth consecutive month of...

Scott Neil to Become CEO at Realtor.ca Canada

by Phil Hall | Nov 7, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Realtor.ca Canada Inc. has named Scott Neil as its new CEO, effective Jan. 5, 2026. Neil comes to Realtor.ca Canada from the online marketplace Kijiji Canada, where he was CEO. He previously held senior leadership roles at eBay, Adevinta, AutoTrader, Microsoft, and...

$21.5 Million Sale of Charleston Mansion Breaks City Record

by Phil Hall | Nov 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A historic mansion in Charleston, South Carolina, dating back to 1800 was sold for $21.5 million, a record high residential sale for that market. Known as the Casper Christian Schutt House, the property at 51 East Bay Street encompasses four structures totaling over...