Cardone Capital, the real estate investment firm led by high-profile investor Grant Cardone, announced the all-cash acquisition of The Edge at Flagler Village, a luxury 331-unit multifamily property in Fort Lauderdale. The financial aspects of the transaction were not...
Alexander & Baldwin Inc. (NYSE: ALEX), the only publicly traded real estate investment trust to focus exclusively on Hawaii’s commercial real estate sector, has completed an off-market acquisition of an industrial property in Pearl City, Oahu for $29.7 million....
Los Angeles-headquartered CV3 Financial Services has rolled out ServEase, a loan servicing division for its customers. CV3 is a private lender providing financing to real estate investors for fix-and-flip and rental properties and ground up construction loans....
A West Virginia real estate developer was sentenced to five years in federal prison for defrauding investors out of more than $5 million. Jeffrey James Morris, managing member of Roxby Development LLC, secured local and national funding to develop real estate in...
RockFarmer Properties, a New York City-based real estate development and investment firm, has named David Krantz as the head of capital markets. In his new job, Krantz will focus on curating new investment opportunities, growing their institutional investor clientele,...
This week’s edition of Tech Trends focuses on new offerings aimed at real estate investors. Multifamily Mortgage Tracking. The Federal Housing Finance Agency (FHFA) released an interactive tool for tracking data on multifamily mortgages that offers details about loans...