Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in West Palm Beach, Florida, has promoted Bob Dake to a principal of the firm. Dake joined the firm in 2021 as chief operating officer (COO) of Sterling’s...
St. Louis-headquartered CUSCO has launched as a commercial real estate platform focused on connecting national retailers with rural America. According to the company, the platform will acquire and manage retail properties across in-demand rural markets while providing...
First National Realty Partners (FNRP), a private equity firm specializing in commercial real estate, announced its closing on Townes Crossing, a 105,731-square-foot shopping center in suburban Chicago. The Oswego, Illinois-based Townes Crossing is anchored by a...
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...
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 (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...
