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Marcus & Millichap Partners with Good Earth Coffeehouse on Real Estate Expansion

Marcus & Millichap Partners with Good Earth Coffeehouse on Real Estate Expansion

by Phil Hall | Sep 29, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Good Earth Cafes Ltd., the parent company of the Good Earth Coffeehouse chain, has announced a strategic partnership with the commercial real estate brokerage Marcus & Millichap (NYSE: MMI) to strengthen and expand the brand in Canada. Good Earth said it was...
Alpaca Launches Private Equity Real Estate Platform

Alpaca Launches Private Equity Real Estate Platform

by Phil Hall | Sep 29, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Alpaca, a New York City-based alternative investments management firm, has launched Alpaca Real Estate (ARE), a new private equity real estate platform. Daniel Carr and Peter Weiss are the co-founders of the new platform. Carr was previously a principal at Ares...
Colonnade BridgePort Tapped for Property Management on 2.3 Million SF Portfolio

Colonnade BridgePort Tapped for Property Management on 2.3 Million SF Portfolio

by Phil Hall | Sep 29, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Colonnade BridgePort, an Ottawa-based real estate management, investment, and development company, announced it has been awarded the property management mandates for over 2.3 million square feet in the Ontario cities of Burlington, Brantford, and Brampton. The...
Former Rocket Mortgage Executive Joins Canadian Digital Lender Nesto

Former Rocket Mortgage Executive Joins Canadian Digital Lender Nesto

by Phil Hall | Sep 29, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nesto, the Montreal-headquartered digital mortgage lender serving the Canadian market, has hired Max Wegner as its chief revenue officer. In his new role, Wegner will be tasked with accelerating the company’s sales and mortgage operations across Canada – including...
CMBS Delinquency Rate at Second-Highest Post-Pandemic Level

CMBS Delinquency Rate at Second-Highest Post-Pandemic Level

by Phil Hall | Sep 28, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The commercial mortgage-backed securities (CMBS) delinquency rate rose 14 basis points to 4.39% in September, according to new data from Trepp LLC. This is the second-highest reading for the CMBS delinquency rate since the end of the Covid-19 pandemic. Year over year,...
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