Report: Banks in Talks to Lend $15 Billion for Google-Backed Anthropic Data Center in Texas

by Phil Hall | Jul 31, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The developer Nexus Data Centers is teaming with the artificial intelligence (AI) leader Anthropic to borrow $15 billion for the creation of a new data center campus and power plant in Hubbard, Texas. The Wall Street Journal, sourcing its coverage from unnamed “people...

Detroit Sues Ex-HGTV Star Nicole Curtis Over Blighted Property

by Phil Hall | Jul 31, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The city of Detroit has sued former HGTV star Nicole Curtis and her company, Detroit Renovations LLC, for allowing a blighted property to remain as dangerous public nuisance for years. The issue dates back five years when a court ruled the property, a 2641-square-foot...

Churchill Downs Considering the Sale of 9 Gaming Properties

by Phil Hall | Jul 31, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Churchill Downs Inc. (NASDAQ: CHDN) announced that it is considering the sale of nine of its wholly owned gaming properties. According to the Paulick Report, the company stated in a filing with the Securities and Exchange Commission (SEC) that it has completed...

MBA: Homebuyer Affordability Improved Slightly in June

by Phil Hall | Jul 30, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyer affordability showed a very mild improvement in June, with the national median payment applied for by purchase applicants decreasing to $2,191 from $2,198 in May. However, according to the Mortgage Bankers Association (MBA), the national median payment was...

LPT Realty Parent Company Files Confidential IPO with SEC

by Phil Hall | Jul 30, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

LPT Aperture Holdings (LPTA), the operating name of LPT Holdings Inc., announced that it confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common...