Private Equity Firm Seeks to Buy 117 JCPenney Stores

by Phil Hall | Aug 4, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A private equity firm that tried to purchase a portfolio of JCPenney stores last year is making another attempt to buy the properties. Retail Dive reports Needham, Massachusetts-based Onyx Partners is offering $934 million for 117 properties, or roughly $8 million per...

Florida Sheriffs Association Voices Opposition to Property Tax Amendment

by Phil Hall | Aug 4, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Florida Sheriffs Association has become the latest first responder organization to publicly oppose Amendment 3, a property tax measure that will appear on November’s election ballot. Amendment 3 would increase homestead exemptions for state residents who own...

Vishal Garg Steps Down as Better CEO

by Phil Hall | Aug 3, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Better Home & Finance Holding Company (NASDAQ: BETR) announced that Vishal Garg is stepping down as CEO. He will remain with the New York City-based company as a member of the board of directors. Daniel Lewis, a board member, was named Interim CEO. Lewis most...

Kelley Blue Book Homes Begins Nationwide Rollout

by Phil Hall | Aug 3, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kelley Blue Book Co. Inc., the vehicle valuation and automotive research company, has expanded into the real estate realm with the launch of Kelley Blue Book Homes. The new consumer platform is now available in 11 states – Arizona, California, Colorado, Florida,...

JPMorgan Allocates $750 Billion to Boost Housing Inventory and Homeownership

by Phil Hall | Aug 3, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

JPMorgan Chase (NYSE: JPM) announced plans to deploy over $750 billion through 2035 to increase the nation’s housing supply while supporting a new wave of homeownership. According to the company, this new deployment marks a nearly 40% surge in the firm’s housing...