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UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture

UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture

by Phil Hall | Dec 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

UMH Properties Inc. (NYSE: UMH) has expanded its partnership with Nuveen Real Estate, a TIAA company, by way of a new joint venture. According to the companies, the joint venture focuses on the development of a new manufactured housing community located in Honey...
A Phil Hall Op-Ed: Should Organized Retail Crime Be Called Domestic Terrorism?

A Phil Hall Op-Ed: Should Organized Retail Crime Be Called Domestic Terrorism?

by Phil Hall | Oct 2, 2023 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Last week was a dismal period for the retail sector, with two stories that highlighted an out-of-control danger that is not being addressed at a federal level. One story involved Target Corp. (NYSE:TGT), which announced it was closing nine stores...
Drexel University to Launch Real Estate Institute

Drexel University to Launch Real Estate Institute

by Phil Hall | Sep 14, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Philadelphia’s Drexel University has announced plans to establish the Wilbur C. Henderson Real Estate Institute in the Bennett S. LeBow College of Business. The institute will serve as a center for research, teaching and outreach that connects industry leaders with...
30-Unit Development Site in Philadelphia Brokered for $3 Million

30-Unit Development Site in Philadelphia Brokered for $3 Million

by Phil Hall | Jul 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate sales firm Agent PHL announced the sale and settlement of 2400 East Venango St. in Philadelphia for $3 million. The 38,000 square-foot site will provide 30 new townhome residences, to be delivered in two phases of 15 units each. The units will feature...
ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges

ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges

by Phil Hall | Jun 2, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Justice (DOJ) has reached a $3 million settlement with ESSA Bank & Trust (ESSA) to resolve allegations that it engaged in the redlining of majority-Black and Hispanic neighborhoods in and around Philadelphia. According to the DOJ, ESSA...
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