Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Real estate investor Bo Belmont and his company, Belwood Investments, have made a $30 million offer on the Los Angeles home of the jailed music mogul Sean “Diddy” Combs. Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60...
Mid-Atlantic Brokerages Announce Merger
Two Mid-Atlantic real estate brokerages, The Kat Geralis Home Team (KGHT) of Wilmington, Delaware, and The Redux Group of Fairfax, Virginia, have announced a strategic merger. According to the companies, the newly combined brokerages represent more than $1.5 billion...
NYC Office Building Sells for $255 Million
Savanna, a New York City-based real estate investment manager, owner/operator and developer, has acquired 799 Broadway, a Class-A office building in the Greenwich Village section of Manhattan, for a $255 million. The property was acquired at a discounted price from...
Connecticut Medical Building Sells for $19.1 Million
Holly Pond Plaza, a 73,060-square-foot outpatient medical building in Stamford, Connecticut, was sold for $19.1 million. Built in 1981, the four-floor property is 100% leased to three medical tenants, with Summit Health (Walgreens Boots Alliance) occupying roughly...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
