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Tokenization Platform RedSwan CRE Secures FINRA Membership

Tokenization Platform RedSwan CRE Secures FINRA Membership

by Phil Hall | May 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

RedSwan CRE, a Houston-based blockchain-based marketplace focused on tokenized commercial real estate, announced that its subsidiary RedSwan Markets has received FINRA approval for U.S. Securities and Exchange Commission broker-dealer membership. According to the...
Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex

Nearly Empty Connecticut Mall Being Proposed as New Mixed-Use Complex

by Phil Hall | May 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A mostly empty Connecticut mall may soon be demolished in favor of a new mixed-use complex. Enfield Square Mall is a single-level mall in the Town of Enfield in northern Connecticut that opened in 1971. According to a Hartford Courant report, a new proposal was...
Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank

Bank of America Buys Multifamily Loan Portfolio from Washington Federal Bank

by Phil Hall | May 20, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Bank of America (NYSE:BAC) is purchasing a portfolio of 2,000 commercial multifamily real estate loans from Washington Federal Bank, the wholly owned subsidiary of WaFd (NASDAQ:WAF), for $2.9 billion. In a filing with the U.S. Securities and Exchange Commission, WaFd...
Hits and Misses for the Real Estate Week of May 13-17

Hits and Misses for the Real Estate Week of May 13-17

by Phil Hall | May 17, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A questioning of the Biden homebuyer tax credit, growing consumer delinquencies and a new movie epic with a commercial property story. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 13-17. Hit: Sparking a Much-Needed...
Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations

Canada’s Odd Burger Signs Florida Franchise Agreement for 40 Locations

by Phil Hall | May 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian vegan fast-food restaurant chain Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) has signed its second U.S. area representative agreement for the development of 40 locations in Florida over the next eight years. The agreement was signed with StarMatt...
Start-Up to Offer Healthcare Real Estate Investments to Individual Investors

Start-Up to Offer Healthcare Real Estate Investments to Individual Investors

by Phil Hall | May 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Orange County, California-based Healthcare Property Advisors has rolled out HPA Exchange LLC, a new real estate investment sponsor designed to connect accredited investors with private placement opportunities anchored by medical properties. The new firm will initially...
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