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Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project

Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project

by Phil Hall | Sep 22, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

More than 20 Chinese EB-5 investors have filed a $13.4 million lawsuit against developers, immigration agents, and lawyers whom they accuse of duping them into putting placing more than $12 million of EB-5 funds into a casino-resort project in the Northern Marianas....
Katie Keenan Named CEO at Blackstone Real Estate Income Trust

Katie Keenan Named CEO at Blackstone Real Estate Income Trust

by Phil Hall | Sep 19, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) announced the appointment of Katie Keenan as CEO and a director of Blackstone Real Estate Income Trust Inc. (BREIT) and global head of the Core+ Real Estate business. She succeeds Wesley M. LePatner, who served in both roles until she was...
Rithm Capital Buys Paramount Group for $1.6 Billion

Rithm Capital Buys Paramount Group for $1.6 Billion

by Phil Hall | Sep 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...
Bridge Housing Launches Its First Private Equity Fund

Bridge Housing Launches Its First Private Equity Fund

by Phil Hall | Sep 15, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Bridge Housing, the San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, has launched its first private equity fund. Bridge Housing Impact Fund I is in the process of raising $350 million of equity, enabling about $1...
Graywood Developments Expands Residential Portfolio with Build-to-Rent Pipeline

Graywood Developments Expands Residential Portfolio with Build-to-Rent Pipeline

by Phil Hall | Sep 15, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

Graywood Developments, a Toronto-headquartered real estate investment management company, announced its strategic expansion into the Build-to-Rent sector. As part of the move, Graywood has earmarked five residential communities under development in Toronto as rental...
Private Equity Fund CEO Charged with Real Estate Investing Fraud

Private Equity Fund CEO Charged with Real Estate Investing Fraud

by Phil Hall | Sep 12, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The founder and CEO of an Orange County, California-based private equity fund has been charged with defrauding hundreds of investors out of approximately $62.5 million via a promissory note scam involving real estate, Broadway shows, and cryptocurrency. According to...
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