One of the biggest healthcare property deals of the year is unfolding in the Tar Heel State as Risant Health, a nonprofit subsidiary of healthcare leader Kaiser Permanente, has acquired the North Carolina not-for-profit hospital system Cone Health. Cone Health was...
The former president of an Illinois bank has acknowledged his involvement in a scheme to falsify bank records to enable real estate loans. Steven Cook pleaded guilty in U.S. District Court in Benton to three felony counts of aiding and abetting the making of a false...
Existing home sales dipped by 0.7% in May to a seasonally adjusted annual rate of 4.11 million, according to new data from the National Association of Realtors (NAR). Sales were down 2.8% from the 4.23 million recorded in May 2023. As the sales level slipped, prices...
Cityview, a multifamily investment management and development firm, has acquired Tralee Village Apartments in the Bay Area city of Dublin, California. The financial terms of the deal were not disclosed. Built in 2011, Tralee Village Apartments encompasses two...
Montreal-headquartered Nesto has acquired CMLS Group, Canada’s third-largest mortgage finance company. The financial terms of the deal were not disclosed, although the companies stated the transaction was supported by investments from Diagram Ventures, Portage,...
SmartRent Inc. (NYSE: SMRT), a Scottsdale, Arizona-based provider of smart operations solutions for the rental housing industry, has appointed Frank Martell, president and CEO of loanDepot Inc. (NYSE: LDI), to its board of directors. Martell will serve on the board’s...
