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Capital Square Acquires Georgia Build-for-Rent Community

Capital Square Acquires Georgia Build-for-Rent Community

by Phil Hall | Oct 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Capital Square has acquired Valley Ridge, a newly constructed, 129-unit build-for-rent (BFR) community in Rossville, Georgia, a suburb of Chattanooga, Tennessee. The community was acquired on behalf of CS1031 Valley Ridge BFR Housing DST, a newly launched Delaware...
Thompson Thrift Announces First Idaho Community

Thompson Thrift Announces First Idaho Community

by Phil Hall | Oct 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The multifamily property developer Thompson Thrift is expanding into the Idaho market with The Logan, a 264-unit Class A community in Nampa, approximately 20 minutes southwest of Boise. The Logan will encompass approximately 12 acres and three-story building featuring...
Ares Management Corporation to Acquire GCP International

Ares Management Corporation to Acquire GCP International

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Matterhorn Venture Partners Names Gary Nussbaum as a Principal

Matterhorn Venture Partners Names Gary Nussbaum as a Principal

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Matterhorn Venture Partners (MVP), a Chicago-based real estate investment firm, has hired Gary Nussbaum as a principal. In his new role, Nussbaum will source and implement new acquisition opportunities throughout primary US real estate markets, with a focus on...
eXp Realty in $34 Million Settlement Over Commissions

eXp Realty in $34 Million Settlement Over Commissions

by Phil Hall | Oct 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced a $34 million settlement in the Hooper vs. the National Association of Realtors case. The settlement is the latest among the major brokerages who were sued over their business practices...
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