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Philadelphia’s Tioga-Franklin Savings Bank Becomes Fifth Bank Failure of the Year

Philadelphia’s Tioga-Franklin Savings Bank Becomes Fifth Bank Failure of the Year

by Phil Hall | Aug 24, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Philadelphia’s Tioga-Franklin Savings Bank has become the nation’s fifth bank failure of the year. The $68 million-asset Black-owned bank was closed on Friday by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corp....
Vacant Philadelphia Church to Become 44-Unit Affordable Housing Project

Vacant Philadelphia Church to Become 44-Unit Affordable Housing Project

by Phil Hall | Jul 9, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 481 CEI-Boulos Impact Fund, a partnership between TD Bank US and CEI-Boulos Capital Management, announced the closing a majority equity investment in the N. 33rd Street Redevelopment Project, which will convert the long-vacant Cornerstone Baptist Church property...
Philadelphia Contractor with 40 Active Fraud Cases Arrested for New Chicanery

Philadelphia Contractor with 40 Active Fraud Cases Arrested for New Chicanery

by Phil Hall | Jun 29, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A Philadelphia contractor with an extremely extensive active list of fraud cases across Pennsylvania has been arrested following charges that he conducted another home improvement fraud scheme. North Penn Now reports Scott David Miller and a co-defendant, Alexandra...
Mid-Atlantic Region Records Spike in Listings

Mid-Atlantic Region Records Spike in Listings

by Phil Hall | Apr 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 24,812 new listings came onto the Mid-Atlantic market served by Bright MLS in March, a 0.6% year-over-year spike and the strongest March new listing total since 2022. Active listings totaled 39,495, a 9.4% surge from the 36,110 recorded one year earlier....
Philadelphia Real Estate Agent Sentenced for Loan Fraud Scheme

Philadelphia Real Estate Agent Sentenced for Loan Fraud Scheme

by Phil Hall | Apr 10, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Philadelphia real estate agent was sentenced to 37 months’ imprisonment and two years of in connection with a scheme in which he raised millions of dollars from individuals and businesses, supposedly for short-term real estate financing opportunities, when no such...
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