Bluerock Value Exchange (BVEX), a New York City-based national sponsor of 1031 exchange and Delaware Statutory Trust investment programs, has launched BR Diversified Industrial Portfolio III, DST (DIP III). DIP III represents BVEX’s 36th individual DST program...
CBRE Group Inc. (NYSE:CBRE) announced the appointment of Guy A. Metcalfe to its board of directors. Metcalfe was a managing director and member of Morgan Stanley’s investment banking executive committee. He led the company’s real estate investment banking business for...
The automaker Mercedes-Benz has teamed with the real estate firm JDS Development Group to unveil Mercedes-Benz Places, a 67-story mixed-use residential project in Miami. According to the companies, the new development spans over 2.5 million square feet and is one of...
The U.S. Department of Housing and Urban Development (HUD) has awarded nearly $4 million in to 11 entities for research regarding office property-to-residential conversions. The Offsite Construction and Land Use Reform Notice of Funding Opportunity (NOFO) divided $3...
CGI Merchant Group, the Miami-based investor that acquired the lease of The Trump International Hotel in Washington, D.C., in 2022 for $375 million, has defaulted on a $285 million loan related to the property. According to a Wall Street Journal report sourced from...
The $120,000 Wake-Up Call: What Harvard’s New Housing Report Means fo…
