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The BW, Los Angeles Apartment Complex, Sells for $58.1 Million

The BW, Los Angeles Apartment Complex, Sells for $58.1 Million

by Phil Hall | Apr 7, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The BW, a 78-unit apartment asset with 2,300 square feet of ground floor retail in the Brentwood neighborhood of Los Angeles, has been sold for $58.1 million, or $744,872 per unit. The property was completed and offers a mix of studios, one-, two- and three-bedroom...
Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

Neighborhood Ventures Acquires Foreclosed Phoenix Multifamily Property for $11 Million

by Phil Hall | Apr 7, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Neighborhood Ventures, an Arizona-based real estate crowdfunding company, has acquired Venture on 52nd Street, a foreclosed 71-unit multifamily property in the Arcadia neighborhood of Phoenix, for $11 million. The transaction marks the second time Neighborhood...
Long Vacant Historic NYC Theater Acquired with State Grants

Long Vacant Historic NYC Theater Acquired with State Grants

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A historic theater in New York City’s Upper West Side that has been shuttered for the past 20 years has been purchased for $6.9 million by a nonprofit aided with state grants. IndieWire reports the long-vacant Metro Theater was acquired by Upper West Side Cinema...
Texas Developers Hire Prominent Attorney to Fight Sharia City Accusations

Texas Developers Hire Prominent Attorney to Fight Sharia City Accusations

by Phil Hall | Apr 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The East Plano Islamic Center (EPIC), the Texas mosque behind the development of a residential and commercial center known as EPIC City, have hired a prominent attorney to represent them after Gov. Greg Abbott accused them of planning to build a city founded on Sharia...
Coldwell Banker Opens First Office in Switzerland

Coldwell Banker Opens First Office in Switzerland

by Phil Hall | Apr 7, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Coldwell Banker has expanded its international presence with the opening of a new office in Switzerland. The Montreux-based Coldwell Banker Only Realty – No Bank Swiss Riviera will be run by Managing Director Olivier Fahrni, along with Laurent and Vanda Demeure, who...
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