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Category: Wire Real Estate

Tapping into the Property Management and Service Market in Sichuan-Chongqing Region, Desun Services Debuts on the HKEX Today

Press Release

Desun Real Estate Investment Services Group Co., Ltd. (Desun Services) was officially listed on HKEX. According to the public information, Desun Services issued 150 million shares at a final offer price of HK$ 1.11 per share, raising net proceeds of HK$ 128 million. According […]

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Five New Model Homes to Bring Olde Naples Charm to Naples Park

Press Release

 Ovadia “Ovi” Levy, Executive Chairman of Ovi Properties, has coordinated with Fox Premier Builders, JMDG Architecture, and Clive Daniel Home to bring Olde Naples charm to Naples Park with five new model homes. Master Suite: 708 92nd Ave. N (Naples, FL) Thanks to new developments, Naples Park […]

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ROBERT N. FLOWERS AND LAWRENCE J. MCFARLAND JOIN BRADLEY’S REAL ESTATE PRACTICE IN DALLAS

Press Release

 Bradley Arant Boult Cummings LLP is pleased to announce the arrival of Robert N. Flowers and Lawrence J. McFarland to the firm’s Real Estate Practice Group in Dallas. “Robert and Larry both have extensive experience in assisting banks, financial institutions, developers and property owners with a […]

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NexPoint Real Estate Finance, Inc. Announces Pricing of $60 million Offering of 5.75% Senior Unsecured Notes due 2026

Press Release

NexPoint Real Estate Finance, Inc. announced the pricing of its underwritten public offering of $60 million aggregate principal amount of its 5.75% Senior Unsecured Notes due 2026 (the “Additional Notes”). The Additional Notes were issued at a price of 102.758% of par […]

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Embrey Closes Sale in San Antonio, Texas, of Luxury Multifamily Property Standard at Legacy

Press Release

Standard at Legacy, a 323-unit multifamily community in desirable north San Antonio, has been sold by Embrey Partners LLC. The purchase was made by Sherman Residential and brokered by Newmark. Embrey Closes Sale in San Antonio, Texas, of Luxury Multifamily Property […]

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Sklar Kirsh elevates two attorneys in real estate and litigation to Partner

Press Release

 Top boutique law firm Sklar Kirsh LLP announced today that it has elevated attorneys Serineh Baghdasarian and Molly K. Madden to Partner, effective January 1, 2022. “Serineh and Molly exemplify what it means to be a Partner,” said Co-chairman and Co-founder Jeffrey A. Sklar. “Since joining us, they have […]

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Local REALTORS® Host Annual ‘Holiday House’ Donate Toys and $10,000 to Operation Homefront for Military Families

Press Release

The Greater San Diego Association of REALTORS® (SDAR) and its 501(c)(3) Ambassadors Foundation partnered with Operation Homefront to host the annual “Holiday House,” an evening of charitable giving in support of local military families during the holiday season. Held at a beautiful […]

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Forbes Global Properties Reveals Timely Luxury Trends in 2021 International Real Estate Report

Press Release

 Forbes Global Properties, a curated consumer marketplace of luxury homes and an invitation-only membership network of top real estate firms, has released the  2021 Year-End Market Perspective. A comprehensive analysis of the international luxury property market gleaned directly from its […]

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Wood Partners Continues Rapid Growth in Dallas/Fort Worth with Groundbreaking of Two New Apartment Communities

Press Release

National multifamily real estate development leader Wood Partners today announced the groundbreaking of two new luxury residential communities—Alta Landing and Alta Denton Station—located in the Dallas/Fort Worth area. With construction on both projects currently underway, Alta Landing is scheduled to officially open in Spring 2022, while Alta […]

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Housing Authority of Texarkana Selects Yardi Software and Services

Press Release

The Housing Authority of the City of Texarkana, Arkansas (HATA) manages more than a thousand units and vouchers funded by subsidies with complex process for compliance, resident service delivery, accounting and property management. HATA will simplify those processes with Yardi Voyager PHA, its […]

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Lument Provides $16.9 Million Freddie Mac Forward Commitment Loan to Build New Affordable Housing High-Rise in Washington, D.C.

Press Release

Lument recently underwrote a two-tranche unfunded forward commitment for a Freddie Mac tax-exempt loan (TEL) totaling $16.9 million to construct 1515 North Capitol Apartments, a new affordable housing high-rise development located in Washington, D.C.’s Truxton Circle neighborhood. The 15-story apartment building will feature 136 affordable […]

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Chubb Bolsters Leadership in its North America Commercial Property and Casualty Businesses

Press Release

Chubb has bolstered leadership in its North America commercial property and casualty businesses with two new appointments, strengthening its primary and excess casualty and multinational field organizations as well as key industry practices. Bill Hazelton, Executive Vice President, Chubb Real Estate & […]

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Arrived Raises $100M In New Credit Financing Program Led by Certain Lending to Provide Access to Rental Home Investing

Press Release

 Arrived, the first SEC-qualified real estate investing platform that allows anyone to buy shares in single-family rentals starting at just $100, announced today that the company is partnering with Certain Lending to lead a $100M credit financing program to support its rapid expansion […]

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TISHMAN SPEYER LAUNCHES INDUSTRIAL PROPERTY PLATFORM WITH ACQUISITION OF TWO MIDDLE MILE DISTRIBUTION CENTERS

Press Release

 Tishman Speyer, one of the world’s leading developers, owners, operators and asset managers of first-class real estate, today announced the acquisition of two “middle mile” distribution centers in Colorado and Pennsylvania. Tishman Speyer, Hana Financial Group (HFG), and Vestas Investment Management (Vestas) purchased […]

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ECI Group Acquires Channel District Site in Tampa for Development of 351-Unit Apartment Community

Press Release

 ECI Group and K.D. Keller Development have closed on a two-acre site in Tampa’s vibrant Channel District in Tampa, FL, with plans to start construction in January 2022 on Parc Madison, a 351-unit, eight-story Class A apartment community with 6,571 square feet of ground floor retail. The project equity […]

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New Firm Apricus Realty Capital Launches With Focus on $100 Million Class A Office Properties

Press Release

 Apricus Realty Capital, a real estate investment and operating firm based in North Texas, announced the company completed the raise of an initial GP capital fund and is actively seeking multiple Class A office acquisitions of $100 million or more per transaction in […]

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Lagniappe Capital Partners Acquires Storied Lot 28 Property

Press Release

Lagniappe Capital Partners closed on the acquisition of the storied Lot 28 property in the heart of Denver’s booming RiNo district late last month. Lot 28 represents Lagniappes’ first real estate investment in the Denver market and cements its strategy to be the leading […]

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MORE Residential and Stockbridge Announce $4 Billion Single-Family Rental Joint Venture

Press Release

MORE Residential, a Texas-based owner and operator of residential rental properties, announced today that it has formed a programmatic joint venture with San Francisco-based investment firm Stockbridge Capital Group to acquire single-family rental communities in high-growth U.S. markets. The joint venture will […]

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Alexander & Baldwin to Participate in Jefferies Real Estate Conference

Press Release

 Alexander & Baldwin, Inc. announced that Chris Benjamin, president and chief executive officer, Lance Parker, executive vice president and chief operating officer, Brett Brown, executive vice president and chief financial officer, and Clayton Chun, senior vice president and chief accounting officer, will participate in Jefferies […]

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Kevin M. Davis named JLL Americas CEO, Hotels & Hospitality

Press Release

 JLL announced today that Senior Managing Director Kevin M. Davis has been named Americas CEO of its Hotels & Hospitality division. Kevin Davis, who leads JLL’s Hotel Investment Banking group, brings over 20 years of hospitality and capital markets experience to the role. Since […]

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Staley Point Capital Acquires Second Commerce Industrial Property for $13 Million

Press Release

 Staley Point Capital (“Staley Point“), a value-add investor focused on infill industrial properties, today announced the acquisition of 2425 Saybrook, a 42,000 square-foot warehouse with excess land in Commerce, CA, for $12.95 million which is $308 per building foot or $119 per land foot. The highly […]

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Mill Creek Launches Its Amavi Single-Family Rental Brand

Press Release

 Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the launch of Amavi by Mill Creek, the company’s single-family, build-to-rent brand. Amavi communities will feature detached, townhome and cottage-style single-family rentals in […]

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CREC and Westland Investors Acquire Seattle-Area Multifamily Community

Press Release

 CORE Real Estate Capital (“CREC”) and Westland Investors (“Westland”) today announced they have jointly acquired Terra Verde Apartments, a 73-unit, Class-B multifamily community located in the Seattle suburb of Everett, WA. Terms of the transaction were not disclosed. With more than $1.2 billion of real estate […]

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JLL Income Property Trust Acquires Newly Constructed North Tampa Surgery Center

Press Release

 JLL Income Property Trust, an institutionally managed daily NAV REIT with more than $5.5 billion in portfolio assets, today announced the acquisition of North Tampa Surgery Center, a 13,000-square-foot, newly constructed medical office building in Odessa, Florida. The property is 100 percent leased on […]

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Lion Real Estate Group Completes Two Nashville Multifamily Transactions

Press Release

Lion Real Estate Group, LLC (“LREG”), a real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, today announced two separate transactions in the Nashville metropolitan statistical area (MSA). LREG acquired Brentwood Station, a 196-unit asset adjacent to […]

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Century Housing acquires CityView project for $66.5 M, Preserves 296 Affordable Homes for Seniors

Press Release

Century Housing is pleased to announce the $66.5 million acquisition of CityView apartments, a  296-unit multifamily senior housing community located on a 2.58-acre site in the Wrigley area of Long Beach, California.  Homes at the community serve senior households earning at or below […]

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Patriot Holdings Launches $25MM Patriot Fund II to Acquire Manufactured Housing, Self-Storage, and Industrial Assets

Press Release

Patriot Holdings, LLC (“Patriot”) announces the launch of Patriot Fund II, an alternative commercial real estate investment fund that will be used to acquire manufactured housing, self-storage, and industrial facilities across the U.S. Patriot will raise up to $25 million from investors […]

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ROBERT N. FLOWERS AND LAWRENCE J. MCFARLAND JOIN BRADLEY’S REAL ESTATE PRACTICE IN DALLAS

Press Release

 Bradley Arant Boult Cummings LLP is pleased to announce the arrival of Robert N. Flowers and Lawrence J. McFarland to the firm’s Real Estate Practice Group in Dallas. “Robert and Larry both have extensive experience in assisting banks, financial institutions, developers and property owners with a […]

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Starwood Property Trust Announces $0.48 Per Share Dividend for Fourth Quarter 2021

Press Release

Starwood Property Trust, Inc. announced that the Company’s Board of Directors has declared a dividend of $0.48 per share of common stock for the quarter ending December 31, 2021. The dividend is payable on January 14, 2022 to stockholders of record as of December 31, 2021. About […]

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Take a tour of Santa’s North Pole home on Zillow

Press Release

 Santa Claus’ home and state-of-the-art toy workshop at the North Pole is now worth an estimated $1,031,401, according to Zillow. The pandemic led to skyrocketing home values across the country, and Santa’s home is no exception, gaining 19 percent in value since the last […]

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