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Steve Bakke Named EVP/CFO at Postal Realty Trust

Steve Bakke Named EVP/CFO at Postal Realty Trust

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Postal Realty Trust, Inc. (NYSE: PSTL), a real estate investment trust that owns and manages over 2,200 properties leased primarily to the US Postal Service, announced the appointment of Steve Bakke as executive vice president, chief financial officer and the...
California Man Sentenced for Belize-Based Real Estate Scam

California Man Sentenced for Belize-Based Real Estate Scam

by Phil Hall | Sep 23, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
Peachtree Group Recruits Billy Gilchrist as SVP of Originations

Peachtree Group Recruits Billy Gilchrist as SVP of Originations

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

Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has hired Billy Gilchrist as senior vice president of originations. In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across...
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...
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