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CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million

CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million

by Phil Hall | Mar 2, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in higher growth Southeast and Southwest markets, has paid $81.6 million to acquire Palms Crossing, a 399,000-square-foot open-air retail center in McAllen, Texas. The 47-acre...
Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb

Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb

by Phil Hall | Feb 24, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developer Wood Partners has broken ground on Alta Timberline, a 204-unit luxury community in the Houston suburb of Tomball, Texas. Alta Timberline encompasses seven three-story buildings featuring a mix of one-, two- and three-bedroom layouts, plus...
Texas Real Estate Accountant Sentenced for Wire Fraud

Texas Real Estate Accountant Sentenced for Wire Fraud

by Phil Hall | Feb 20, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

An El Paso certified public accountant who assisted real estate businesses in Texas and New Mexico was sentenced to 33 months in prison for wire fraud. According to court documents, Carol Talamantes stole $603,738.96 from her clients between Oct. 20, 2020, and Oct....
Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme

Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme

by Phil Hall | Feb 19, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Texas real estate investor behind a $69.5 million fraud scheme pleaded guilty in federal court to one count of wire fraud. Devin Ward Elder was the founder and CEO of the San Antonio-based investment firm DJE Texas Management Group LLC, which was formed in March...
Texas’ Bachman Realty Group Joins The Real Brokerage

Texas’ Bachman Realty Group Joins The Real Brokerage

by Phil Hall | Feb 19, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) has announced that Bachman Realty Group, a 65-agent team serving the Dallas–Fort Worth and Houston metros, has joined its network. Founded in 2019 and led by Tiffany and Greg Bachman, the team closed 650 transactions last year...
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