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Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
The financial aspects of the deal were not disclosed. Continue Reading Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
The financial aspects of the deal were not disclosed. Continue Reading Provident Industrial Buys 27 Acres in Phoenix for New Industrial Park
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
The Los Angeles City Council voted 12-1 on a resolution calling for the rejection of a proposed gondola project that would connect Dodger Stadium to the Union Station railroad hub. The Associated Press reports the aerial tramway would cover about one mile and cost...
Former Calgary Office Building to Become 204-Unit Rental Housing Development
The Canadian government, in partnership with the City of Calgary and other entities, announced over $83 million in combined funding to build a 204-unit rental housing development in Calgary. The new 800 Six West development is a conversion of an existing office and...
Mortgage Delinquency Rate Up During Q3
The delinquency rate for mortgages on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.99% of all loans outstanding at the end of the third quarter, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
NEWS & CURRENT EVENTS
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
Share of First-Time Homebuyers at Record Low
NAR determined the median time in the home before selling was 11 years, an all-time high. Continue Reading Share of First-Time Homebuyers at Record Low
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
The development will feature more than 3.5 acres of retail pad sites, which are available for ground lease. Continue Reading ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
Airbnb Co-Founder Joe Gebbia Named Director of Trump’s National Design Studio
Gebbia previously worked with the Department of Government Efficiency under Elon Musk. Continue Reading Airbnb Co-Founder Joe Gebbia Named Director of Trump’s National Design Studio
Ex-CEO of Collapsed Crypto Trading Platform Starts Second Career as Mortgage Broker
Christopher Flinos is working at Balcombe Financial, a mortgage brokerage owned by his brother. Continue Reading Ex-CEO of Collapsed Crypto Trading Platform Starts Second Career as Mortgage Broker
Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations
Trump’s action marks the first time that a president has sought to fire a Federal Reserve official. Continue Reading Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations
A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes
Is the FHFA director intentionally refusing to investigate mortgage fraud claims against the Republican attorney general in Texas? Continue Reading A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
This is the second ongoing effort to put property tax reform on the Nebraska ballot. Continue Reading New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store. Continue Reading Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million
Dillard’s Buys Dallas-Area Mall for $34 Million
The 638,000-square-foot Longview Mall opened in 1978. Continue Reading Dillard’s Buys Dallas-Area Mall for $34 Million
New Home Sales Down 0.6% in July
The median sales price of new houses sold in July was $403,800, a 0.8% dip from June’s price of $407,200 and 5.9% below the July 2024 price of $429,000. Continue Reading New Home Sales Down 0.6% in July
Long-Lost Nazi-Looted Artwork Spotted in Online Real Estate Listing
An 18th century painting that was stolen by the Nazis from a Dutch Jewish art dealer and disappeared for decades has been spotted in an online real estate listing in Argentina. The Dutch newspaper AD reports “Portrait of a Lady” by the Italian painter Vittore...
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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