Category: Wire Real Estate

 Capital Impact Partners announced a grant of more than $5 million from Amazon to launch an initiative focused on accelerating new opportunities for emerging real estate developers of color while also increasing affordable and workforce housing across Arlington, Virginia and the greater Washington, D.C. metropolitan region. This funding is the […]

Farmers of color were set to get some unprecedented debt relief starting in the month of June from the U.S. Department of Agriculture. An estimated $4 billion for the USDA to wipe away these farmers’ debts. Farmers of color have […]

After first opening its doors in 1871, Palmer House, a Hilton Hotel is celebrating its 150th anniversary today with an open house event, inviting guests to explore the hotel’s collection of prized artifacts and learn about its deep-rooted history in Chicago. Fittingly, the date […]

Millennials are spending the highest percentage of their monthly income on homeownership costs compared to other generations and are at the greatest risk of becoming house-rich and cash-poor, according to a new report by home equity investment provider Hometap. With […]

Diversified Lending Solutions (DLS) has secured $37.2 million to fund the acquisition of Valencia Grove, a 460-unit multifamily community in Houston, Texas. In connection with the financing, the buyer, Houston-based Bodka Creek Capital, will receive a three-year floating rate loan, with $4.8 million towards capital improvements […]

The housing market may not reach the incredible heights of 2021, but Zillow® economists predict it will be anything but slow next year. Expect the strong sellers market to persist, the Sun Belt to maintain its top spot as the […]

 Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that Peggy Fang Roe has been appointed to its Board of Directors. Ms. Roe is the Global Officer, Customer Experience, and Loyalty & New Ventures at […]

Pretium, a specialized investment management firm with approximately $30 billion in assets, today announced that George Lane has joined the firm as Managing Director and Portfolio Manager, on the Real Estate team. He is based in New York, where he will be focused on the […]

Active military and Veteran home buyers just received good news via FHFA. Last week the Federal Housing Finance Agency (FHFA) announced the new 2022 conforming loan limit of $647,200. That’s a meaningful increase of 18.26% higher than the 2021 limit of $547,250. […]

 Mixed marketplace signals underscore the need for turnaround and restructuring professionals to put an even sharper focus on data and analysis in commercial real estate projects, writes Andrew Graiser, Co-President of A&G Real Estate Partners, in the December issue of The Journal of […]

 Pretium, a specialized investment management firm with approximately $30 billion in assets, today announced that George Lane has joined the firm as Managing Director and Portfolio Manager, on the Real Estate team. He is based in New York, where he will be focused on the […]

The Drew Company – a Boston-based, privately held, real estate development and management company – recently closed with Rockland Trust Bank on a $27.6 million construction loan for the residential real estate project, SkySail at Driftway. SkySail at Driftway is a 109,842 gross square foot luxury mixed-use […]

Alliant Capital is pleased to announce the closing of its $82 million investment in Lawson House, a historic 24-story Art Deco building in the Near North neighborhood of Chicago. Holsten Real Estate Development Corporation, a Chicago-based developer, will commence a two-year-long renovation of the […]

Studio Shed, the leader in accessory dwelling units (ADUs) and modern prefabricated backyard structures, today announced a new online feature for customers that will make it easier for them to fund additional backyard projects with their Studio Shed installations. In […]

SHVO, the luxury real estate development and investment firm, today announces the official launch of sales at Mandarin Oriental Residences Fifth Avenue, financed through a joint venture between SHVO and Deutsche Finance. This will be Mandarin Oriental’s first East Coast residential-only […]

CEO Black & Local Entrepreneurs team up to give back to Brooklyn in a big way, by hosting their 2nd annual “Toy Takeover” Toy Drive. They will be purchasing toys at Target Atlantic Terminal Mall from 8 – 11 a.m. on Saturday, December 18th, 2021. […]

 Leading commercial real estate firms Sunrise Capital and Zane Holdings announced the joint acquisition of Royal Sienna Apartments located in Missouri City, Texas. The teams are led by David Davidenko and Julia Bykhovskaia at Sunrise Capital and Iqbal (Ike) Mutabanna and Dustin Howard at Zane Holdings. Royal Sienna Apartments The investment leads commented: “We are delighted […]

 Dalfen Industrial acquired a Greenville–Spartanburg industrial property located at 859 & 861 Victor Hill Rd. in Greer, SC. Recently constructed, the new Class A, 2-building industrial park totals 366,240 square feet. Victor Hill, Greer, SC Victor Hill Industrial Park is located is located 0.25 […]

JLL Income Property Trust, an institutionally managed daily NAV REIT with $5.5 billion in portfolio assets, today announced the acquisition of Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly 650,000 square feet. The Class A properties are located in the Atlanta suburb […]

RENOSY, the comprehensive one-stop real estate transaction platform provided by GA technologies Co., Ltd. made a start in the franchise business with a brand new service called “the LIVING ADVISOR”1 from November 2021. It is a national-wide service offered by the contracted franchisees with […]

Cates Auction & Realty is pleased to announce the expansion of their real estate services division by offering a means of selling through the traditional sales method. This will complement their well-established auction division and provide more options for real estate […]

Out of home (OOH) advertising revenue increased 38 percent in the third quarter of 2021 compared to the previous year, accounting for $1.75 billion, based on figures released by the latest Out of Home Advertising Association of America (OAAA) OOH Ad […]

Continuing Education for Licensing, Inc., also known as C.E.L.I. Real Estate School helps future real estate experts obtain the education required to join a profession that’s thriving. The residential housing market as well as the commercial real estate industry is […]

 Gav Yam Land Corporation Ltd. one of Israel’s largest and longest established real-estate companies, specializing in the initiation, planning, development, construction, leasing, maintenance and management of hi-tech, logistics, and industrial parks and centers throughout Israel, today reported that only two months after its purchase […]

Hodges Ward Elliott (“HWE”) is pleased to announce they have arranged the sale of the AC Hotel Austin Hill Country, a new 135-key hotel located at 7415 Southwest Parkway in Southwest Austin, Texas. An HWE team led by John Bourret, Managing Director, brokered […]

RREAF Holdings LLC, a private real estate investment and development firm based in Dallas, TX, today announced the acquisition of their Beachside Hotel Portfolio. The portfolio includes Hutchinson Island Plaza Hotel in Fort Pierce, Florida and the Holiday Inn Oceanfront in Surfside Beach, South […]

Lument has announced the closing of a $11.3 million proprietary bridge loan to acquire and renovate Cove on Bruce Apartments, a 76-unit garden-style community in Clearfield, Utah, near Salt Lake City. Ted Nasca, managing director, led the transaction for Lument. The sponsor on the transaction […]

Apex-Brasil (the Brazilian Trade and Investment Promotion Agency), in partnership with CBIC (Brazilian Chamber of the Construction Industry) and GRI (Global Reporting Initiative), will host the “Forum for Investment and Business Opportunities in the Brazilian Real Estate Market” this week on Wednesday, December 8, beginning at 9:00am, […]

While homeownership is important to many Americans, they are no longer confined to their previously held beliefs about where home can or has to be. Thanks to the “Great Resignation,” the movement of people leaving the workforce during the pandemic, many […]

 Carr Properties, a leading owner, operator, developer, and acquiror of high-quality commercial properties in the Washington, D.C., Boston and Austin markets, announces its partnership with Senseware to add real-time indoor air quality (IAQ) monitoring to all of its properties. The COVID-19 pandemic has underscored the critical role air quality […]