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$86 Million Freddie Mac Refinance Backs 506 Affordable Apartments in Queens

$86 Million Freddie Mac Refinance Backs 506 Affordable Apartments in Queens

by John G. Stevens | Sep 21, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

An affordable housing portfolio in Queens has secured an $86.4 million Freddie Mac refinancing, replacing acquisition financing on 506 apartments and providing another example of agency capital supporting preservation deals while conventional real estate debt remains...
Trump’s Childhood Home Under Contract for a $2 Million Sale

Trump’s Childhood Home Under Contract for a $2 Million Sale

by Phil Hall | Jul 15, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Donald Trump’s childhood home in Queens, New York, is under contract for a $1.99 million sale. Mansion Global reports real estate developer Tommy Lin acquired the property in March 2025 for $835,000 and extensively renovated the rundown property, which had...
Multiple Indictments Brought Against 5-Person Identity Theft and Mortgage Fraud Scheme

Multiple Indictments Brought Against 5-Person Identity Theft and Mortgage Fraud Scheme

by Phil Hall | Jul 9, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Five defendants were indicted by a New York City grand jury and variously charged with mortgage fraud, identity theft, forgery and other crimes for their roles in a scheme to fraudulently obtain a “cash-out” mortgage on home in the Flushing section of Queens that they...
Trump’s Childhood Home Listed at $2.3 Million

Trump’s Childhood Home Listed at $2.3 Million

by Phil Hall | Nov 10, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Donald Trump’s childhood home in Queens, New York, has been listed for sale for $2.3 million. The Wall Street Journal reports the five-bedroom home at 85-15 Wareham Place in the Jamaica Estates neighborhood was built by the president’s father, Fred Trump, in 1940. The...
Four Real Estate Scammers Indicted for NYC Deed Theft Schemes

Four Real Estate Scammers Indicted for NYC Deed Theft Schemes

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Four people and three companies were indicted for a series of deed theft schemes that resulted in three New York City homeowners having their residences stolen. The schemes occurred between March and July 2023 and impacted homeowners in the Kew Gardens Hills, Queens...
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