Commercial/Multifamily Borrowing Surged During Q3

by Phil Hall | Nov 6, 2025 | Commercial Real Estate News, Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Commercial and multifamily mortgage loan originations during the third quarter were up by 18% from the previous quarter and up 36% year-over-year, according to data from the Mortgage Bankers Association (MBA). Originations for office, retail, hotel, and multifamily...

Denver Broncos Submit Preliminary Plan for New Stadium

by Phil Hall | Nov 6, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Denver Broncos has submitted a large development review pre-application to the City of Denver that details its preliminary plans for redeveloping a 58-acre former railroad yard as the preferred site of its new stadium. Included in the pre-application is a...

David Saavedra Named CEO at the New Mexico Association of Realtors

by Phil Hall | Nov 6, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The New Mexico Association of Realtors (NMAR) has appointed David Saavedra as its new CEO. Saavedra served as interim CEO since July. According to the Albuquerque Journal, Saaverda is NMAR’s fourth CEO in two-and-a-half years, following Rob Wigton’s six months of...

Bank of England Opts to Hold Rates Steady

by Phil Hall | Nov 6, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Bank of England deviated from their American counterparts at the Federal Reserve by announcing they were not cutting rates at this time. In a statement, Gov. Andrew Bailey said, “Today we held interest rates at 4%. Since August last year, we have been able to cut...

Report: Increasing Number of VA Loans Being Used in Homebuying

by Phil Hall | Nov 5, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

During August, 7.3% of mortgaged homebuyers used a VA loan, up from 6.5% one year earlier, according to a data report from Redfin. This marked the highest share for that month since 2019. Nationwide, the number of VA loans rose 3% year-over-year in August, while the...