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Connecticut Data Center Sells for $10 Million

Connecticut Data Center Sells for $10 Million

by Phil Hall | Dec 16, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering focused on data centers and technology-related real estate, has acquired Connecticut’s Trumbull Data Center for approximately $10 million. The property was originally built in 1960 in...
Hits and Misses for the Real Estate Week of Dec. 9-13

Hits and Misses for the Real Estate Week of Dec. 9-13

by Phil Hall | Dec 13, 2024 | Commercial Real Estate News, Hits and Misses, Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 9-13. Miss: An Unsettled Settlement. The US Department of Justice (DOJ)...
NAR Names the 10 Top Housing Hot Spots for 2025

NAR Names the 10 Top Housing Hot Spots for 2025

by Phil Hall | Dec 13, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) announced its picks for the 10 Top Housing Hot Spots 2025. This year’s list was compiled based on 10 factors: 1) Share of locked-in homeowners; 2) Average mortgage rate; 3) Job growth; 4) Share of millennial renters who can...
JVM Realty Acquires 236-Unit Wisconsin Apartment Community

JVM Realty Acquires 236-Unit Wisconsin Apartment Community

by Phil Hall | Dec 13, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

JVM Realty Corp., a multifamily real estate investment and property management firm, has acquired Mayfair Reserve, a 236-unit luxury apartment community in Wauwatosa, Wisconsin. The property was purchased from Atlantic Residential, a private commercial real estate...
Groundbreaking for New 342-Unit Multifamily Community in Las Vegas

Groundbreaking for New 342-Unit Multifamily Community in Las Vegas

by Phil Hall | Dec 13, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two real estate development firms, The NRP Group and Rockefeller Group, have announced the groundbreaking for Silverado, a Class-A, 342-unit apartment community in Las Vegas. The new property is located in the Enterprise submarket near the Southern Highlands...
How the Grinch Sells Real Estate

How the Grinch Sells Real Estate

by Phil Hall | Dec 13, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A London real estate brokerage is calling attention to its listings by featuring the Grinch in its property photographs. The New York Post reports Legacy Property Consultants is standing out from their competitors with property photographs that include one of their...
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