Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million

by Phil Hall | Oct 13, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former IndyCar team owner and racing champion Michael Andretti has listed his Central Indiana estate for $11.9 million. The 5.23-acre private gated acre property in Fishers, Indiana, features a 21,000-square-foot residence with nine bedrooms, nine full and three half...

Peachtree Group Launches Equipment Finance Division

by Phil Hall | Oct 13, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has launched a new equipment finance division that will provide equipment lease financing across industries, including commercial real estate and hospitality. According to the company,...

Gov. Newsom Signs Bill Enabling Denser Housing Construction Near Transit Hubs

by Phil Hall | Oct 13, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom signed Senate Bill 79 into law, which will enable the state to overrule local zoning ordinances by allowing the creation of taller and denser housing developments to be built near transit corridors including bus stops and train stations....

Federal Realty Investment Trust Buys Maryland Shopping Center for $187 Million

by Phil Hall | Oct 13, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Federal Realty Investment Trust (NYSE: FRT) announced its $187 million acquisition of Annapolis Town Center, a 480,000-square-foot open-air shopping center in Anne Arundel County, Maryland. The 19-acre property was constructed in the 1960s as an enclosed mall and...

Report: Calgary Leads Canada with Greatest Property Tax Hike

by Phil Hall | Oct 13, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Calgary homeowners are burdened with the greatest property tax hikes in Canada, according to the study “Taxing Our Way to Unaffordable Housing” published by the Aristotle Foundation. Calgary’s average annual property tax jumped by from $2,736 to $3,496 during the...