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Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
Elite International Realty Launches Retail-Focused Division
Retail by Elite will support retailers from the early development stages through commercial negotiations, leasing, design, construction, and ongoing operational milestones. Continue Reading Elite International Realty Launches Retail-Focused Division
California Realtors Back Assumable Mortgage Idea
The California Association of Realtors (CAR) voiced its support of enabling homebuyers to assume Fannie Mae and Freddie Mac-backed fixed-rate mortgages. Bill Pulte, the director of the Federal Housing Finance Agency, used his personal X account last week to declare...
Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
The federal government has seized and forfeited approximately $1.18 million in cryptocurrency, which was recently liquidated into US dollars, tied to a real estate fraud scheme. The case was launched with civil complaint in April 2023 by a real estate agent and...
Walmart Announces Change in Leadership
Walmart Inc. (NYSE: WMT), the world’s largest retailer with over 10,750 stores and clubs across 19 countries, announced the appointment of John Furner to succeed Doug McMillon as president and CEO, effective Feb. 1, 2026. Furner, who was also elected to the company’s...
NEWS & CURRENT EVENTS
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
Whitestone did not immediately issue a public comment on the offer. Continue Reading MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
The brokerage has focused on the District of Columbia, Northern Virginia, and Maryland since 2011. Continue Reading DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
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...
Morgan Properties Acquires Dream Residential REIT for $354 Million
Following the conclusion of the acquisition, Dream Residential REIT will cease to be publicly traded. Continue Reading Morgan Properties Acquires Dream Residential REIT for $354 Million
St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
James L. Townes Jr. is accused of falsely claiming to be disabled. Continue Reading St. Louis-Area Man Pleads Not Guilty for Conspiring to Steal 16 Homes and a Duplex
New Website Offers Information for Households Moving to Texas
The site will offer advice on moving plus the cost of living, and cultural differences that are unique to Texas. Continue Reading New Website Offers Information for Households Moving to Texas
Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes
The $1.5 billion was 80% completed at the time of Giacona’s letter, according to Orsted. Continue Reading Trump Halts Work on Offshore Wind Project to Power 350,000 CT and RI Homes
Lennar Debuts New San Diego-Area Master-Planned Community
Pricing at the community starts in the mid-$900,000s. Continue Reading Lennar Debuts New San Diego-Area Master-Planned Community
Hits and Misses for the Real Estate Week of Aug. 18-22
Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. Continue Reading Hits and Misses for the Real Estate Week of Aug. 18-22
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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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