Spirit Investment Partners has teamed with Strategic Value Partners LLC on the off-market acquisition of an 895-unit Texas-based portfolio from Resia, the US multifamily real estate and modular manufacturing subsidiary of the Brazilian homebuilder MRV&Co. The...
The delinquency rate for commercial mortgage-backed securities (CMBS) surged this month 51 basis points to 7.86%, according to a data report from Trepp Inc. One year ago, the rate was at 7.23%. Thomas Taylor, senior manager for research at Trepp, attributed July’s...
The Securities and Exchange Commission (SEC) has filed charges against RAD Diversified REIT Inc. (RADD), a Tampa-based real estate investment trust, and its founders Brandon “Dutch” Mendenhall and Amy Vaughn, accusing them of raising at least $152 million from more...
New Silver, a West Hartford, Connecticut-based fintech offering a platform for real estate investors, has acquired Mayflower Venture Partners, a Quincy, Massachusetts-based direct lender specializing in fix-and-flip and new construction loans for New England-based...
Lone Star Funds, a global investment firm with its principal office in London, announced that an affiliate of Lone Star Real Estate Fund VII LP has successfully completed the acquisition of Premier Place, a 20-story Class A office tower in Dallas. The...
The real estate development and investment firm Mast Capital, in partnership with Koch Real Estate Investments, has acquired The Islands of Islamorada Resort, a luxury resort in Islamorada, Florida, from the Frisbie Group. The financial terms of the deal were not...
Hits and Misses for the Real Estate Week of Aug. 10-14
