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North Korea Opens Housing District for Families of Soldiers Killed Fighting with Russia in Ukraine

North Korea Opens Housing District for Families of Soldiers Killed Fighting with Russia in Ukraine

by Phil Hall | Feb 16, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

North Korea has opened a housing district in the capital of Pyongyang for the families of soldiers killed while fighting with Russian forces in Ukraine. According to combined media reports, Kim Jong-un was front and center at the opening, cutting a red ribbon and...
Hits and Misses for the Real Estate Week of June 30-July 4

Hits and Misses for the Real Estate Week of June 30-July 4

by Phil Hall | Jul 4, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 30-July 4. Hit: Public Involvement in Property Tax Reform. A...

North Korea Unveils Shoreline Tourist Mecca

by Phil Hall | Jun 30, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A highly unlikely new player has emerged in the Pacific Rim tourism industry – North Korea. The Associated Press reports North Korean leader Kim Jong Un has inaugurated the Wonsan-Kalma coastal tourist zone, which encompasses hotels, restaurants and cafeterias, and...
FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs

FHFA’s Pulte Reveals North Korean and Chinese Nationals Working in the GSEs

by Phil Hall | May 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The government-sponsored enterprises (GSEs) of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) have a curious human resources problem – agents from North Korea and China were discovered working for them. Bill Pulte, director of the Federal Housing Finance...
Proposed Bill Would Increase Scrutiny of Real Estate Purchases by ‘Foreign Entities of Concern’

Proposed Bill Would Increase Scrutiny of Real Estate Purchases by ‘Foreign Entities of Concern’

by Phil Hall | Mar 13, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

A bipartisan effort is underway in the U.S. House of Representatives to expand the authority of the Committee on Foreign Investment in the United States (CFIUS) over real estate purchases by certain foreign entities deemed to pose national security threats. According...

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