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Hudson Valley Property Group Acquires 22-Property Portfolio

Hudson Valley Property Group Acquires 22-Property Portfolio

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Hudson Valley Property Group (HVPG), a New York City-headquartered affordable housing preservation company, has acquired a 22-property portfolio spanning four states and comprising 4,768 units. The portfolio acquired includes 13 properties in Washington, seven in...
RealPage Says DOJ Dropped Antitrust Investigation

RealPage Says DOJ Dropped Antitrust Investigation

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The property management software company RealPage Inc. announced it was notified by the Antitrust Division of the US Department of Justice (DOJ) has dropped its criminal investigation into the company’s pricing practices in the multifamily rental housing industry....
Sotheby’s International Realty Opens First South Dakota Affiliated Office

Sotheby’s International Realty Opens First South Dakota Affiliated Office

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has opened its first affiliated office in South Dakota with Grand Sotheby’s International Realty in Sioux Falls. The new office is owned and operated by the siblings Dana Fisher and Danielle Konechne, who started their own...
Gindi Equities Acquires Second Multifamily Community in Fargo

Gindi Equities Acquires Second Multifamily Community in Fargo

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Gindi Equities, a New York City-based investment manager focused on multifamily assets, announced the acquisition of Timber Creek Apartment Homes, a multifamily community in Fargo, North Dakota. The 252-unit property was acquired from Property Resources Group, which...
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs

EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs

by Phil Hall | Dec 9, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

EasyKnock has announced it is shutting down operations amid lawsuits over its residential sale-leaseback programs. “After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company in an announcement on its website. “We are...
Former Ginnie Mae Chief Takes Role at Freddie Mac

Former Ginnie Mae Chief Takes Role at Freddie Mac

by Phil Hall | Dec 9, 2024 | Industry Updates, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
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