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Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

by Phil Hall | Apr 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired the Nevada-based senior housing complex Homestead at Boulder City for $3.05 million. The 72-unit Homestead was built in 1999 and is located on 6.39 acres in Boulder City,...
Hits and Misses for the Real Estate Week of April 8-12

Hits and Misses for the Real Estate Week of April 8-12

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An upswing in housing costs, a renewed concern over real estate agent safety and a tax hike for Boston’s commercial properties. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 8-12. Miss: A Dent in the Wallet....
Amazon Leases 2 Million SF of California Industrial Space

Amazon Leases 2 Million SF of California Industrial Space

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...
Apple Signs 42,000 SF Office Lease in Florida

Apple Signs 42,000 SF Office Lease in Florida

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

After searching for Miami-area office space for nearly three years, Apple Inc. (NASDAQ:AAPL) will soon open an office in Coral Gables. Bisnow reported the high-tech giant has signed a 42,000-square-foot lease in the north tower of the Plaza Coral Gables that...
420 Property Debuts Cannabis MLS

420 Property Debuts Cannabis MLS

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

420 Property, the Sacramento-headquartered online marketplace for cannabis real estate and business listings, has launched Cannabis MLS (cannabismls.com), a multiple listing service designed to serve individuals and businesses involved in the U.S. cannabis industry....
A Strong Q1 for the CMBS Market

A Strong Q1 for the CMBS Market

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The market for private-label commercial mortgage-backed securities (CMBS) recorded 23 conduit and single-borrower transactions with a total balance of $17.85 billion during the first quarter, according to new data from Trepp Inc. This marked a 39% increase from the...
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