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Sound Capital Recruits Andrew Platt as Senior Managing Director

Sound Capital Recruits Andrew Platt as Senior Managing Director

by Phil Hall | Feb 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Bellevue, Washington-based Sound Capital, a lender specializing in construction loans for midsized home builders focused on single-family homes and suburban developments in high growth areas, announced the appointment of Andrew Platt as senior managing director. In...
MBA Chief Broeksmit Voices Concerns and Criticism Over Biden Housing Policies

MBA Chief Broeksmit Voices Concerns and Criticism Over Biden Housing Policies

by Phil Hall | Feb 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit took the Biden administration to task for housing policies that he considered unwise and onerous. In remarks delivered today before the MBA’s 2024 Commercial/Multifamily Convention and Expo,...
Marriott in $500 Million Deal for Sheraton Grand Chicago

Marriott in $500 Million Deal for Sheraton Grand Chicago

by Phil Hall | Feb 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marriott International (NASDAQ:MAR) is paying $500 million to acquire the 1,218-room Sheraton Grand Chicago Riverwalk hotel, one of the city’s biggest lodging properties. According to a report in The Real Deal, the $300 million portion of the sale was first agreed...
Regent Properties Previews Plans for New California Community

Regent Properties Previews Plans for New California Community

by Phil Hall | Feb 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Regent Properties, a real estate investment management and development firm operating in Los Angeles and Dallas, has previewed its masterplan for a new community encompassing approximately 640 homes at Winchester within California’s Riverside County. Dubbed “Soleda” –...
Abhi Goel Joins Mantella Corp. as Director of Finance

Abhi Goel Joins Mantella Corp. as Director of Finance

by Phil Hall | Feb 13, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Mantella Corp., a Toronto-headquartered real estate and land development company, has hired Abhi Goel as a director of finance. Goel will be the lead within Mantella’s finance and accounting group, reporting directly to President and Chief Financial Officer Craig...
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