Healing Realty Trust (HRT), a Jupiter, Florida-based real estate investment trust focused on healthcare-related properties in the mental, behavioral, and physical health sectors, has closed the first tranche of its $25 million Series A funding round. The company,...
CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
Total commercial/multifamily mortgage debt outstanding rose to $4.70 trillion at the end of the first quarter, according to new data from the Mortgage Bankers Association (MBA), a $40.1 billion or 0.9% upswing from the previous quarter. Multifamily mortgage debt alone...
A New Jersey-based real estate investor pleaded guilty for his role in a multi-year conspiracy to fraudulently obtain over $54.7 million in loans and to fraudulently acquire multifamily and commercial properties. Aron Puretz was an employee of Apex Equity Group, a...
An Illinois hospital that closed in 2023 after 120 years in operation is being put up for auction in a Chapter 11 bankruptcy sale. The former St. Margaret’s Health Hospital in Spring Valley, Illinois, encompasses a five-story former hospital plus an adjacent two-story...
A West Virginia landmark known as the “Castle of the Coalfields” has been relisted after a potential sale fell through. West Virginia Explorer reported the historic Itmann Company Store is available again at $250,000. It was originally listed in March 2023 for...
Lawsuit Seeks to Rewrite Ballot Language on Florida’s Property Tax Amendmen…
