A joint venture between Miami-based Limestone Asset Management and Orion Real Estate Group has purchased a 27-property portfolio of Walgreens-occupied assets for $133 million. Wells Fargo provided financing for the acquisition. Kevin Sanz of Orion Real Estate Group led the buyer group. Brian Pfohl and Maury Vanden Eykel of CBRE Inc. represented the seller in the transaction. Further details on the properties were not disclosed.
Kenney served in the leadership roles since November 2018. Continue Reading Mark Kenney to Step Down as CAPREIT’s Chief Executive
The watchlist is publicly accessible and includes a comprehensive guide to homeowner rights under HB 1203. Continue Reading VendorAbuse.com Debuts Florida HOA Watchlist
“This is about fixing policies that have made housing expensive and difficult to build,” said HUD Secretary Scott Turner. Continue Reading HUD Revises Environmental Review Requirements for Multifamily Developments
The proposed King & George development site is directly across from the George Brown College St. James Campus and within a half-hour of three other university campuses. Continue Reading Student Housing Development Proposed for Downtown Toronto
eXp World Holdings announced it will begin trading on the Nasdaq Global Market under the new ticker symbol “AGNT,” effective on May 8. Continue Reading eXp Acquires NextHome, Shifting to a Multi-Model Platform
A minimum annual income of $204,800 was required to make the monthly payment of $5,120 on a 30-year fixed-rate mortgage at 6.24% in California. Continue Reading California Housing Affordability at Highest Level in 4 Years
Hits and Misses for the Real Estate Week of May 4-8
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Union Home Mortgage Names Dino Lack as Chief Information Officer
NAR Backs Proposed Update to Federal Rule Defining Independent Contractors
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