The Bascom Group LLC, a private equity firm, has acquired Highridge Apartments, a 257-unit apartment community in the coastal market of Ranchos Palos Verdes, California, for $127 million. Highridge Apartments is an institutionally owned, 1972-vintage property that has...
Oklahoma City-headquartered Bank7 has acquired First American Mortgage Inc., a residential mortgage lender based in Yukon, Oklahoma. The financial aspects of the deal were not disclosed. First American Mortgage has operated since 1993 and facilitated over $3 billion...
Island Capital Group LLC, a New York City-headquartered international real estate merchant bank, has recruited Melissa Iorio as an executive managing director. Iorio most recently served as head of investor relations at Cohen & Steers, where she helped build the...
Keller Williams announced the Greenwich, Connecticut-based private equity firm Stone Point Capital, the parent company of CoreLogic, will take an ownership stake in the Austin-based company. As part of this transaction, Keller Williams CEO Mark Willis will step down...
The National Association of Realtors (NAR) has appointed Jonathan Waclawski as senior vice president and general counsel. Waclawski replaces Katie Johnson, who stepped down last October in the aftermath of the Sitzer/Burnett settlement. Waclawski previously worked at...
South Carolina Tornado Destroys Home, Severely Damages Three Others
