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SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation

SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation

by Phil Hall | Mar 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Los Angeles-based impact fund manager SDS Capital Group has rolled out SDS Impact Debt (SDSID), a capital platform designed to provide below-market permanent and construction financing for the preservation and development of affordable housing. According to the...
Modular Housing Firm Boxabl Reserves Nasdaq Symbol

Modular Housing Firm Boxabl Reserves Nasdaq Symbol

by Phil Hall | Mar 20, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Las Vegas-headquartered modular housing manufacturer Boxabl has reserved the Nasdaq stock ticker symbol “BXBL.” The company announced its final funding round on StartEngine will close on March 29, although the offering will remain open through...
Former Real Estate Executive Sentenced for Manipulating WeWork Stock

Former Real Estate Executive Sentenced for Manipulating WeWork Stock

by Phil Hall | Mar 20, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Jonathan Lamore, a former CEO of the real estate investment and management firm Arciterra Companies LLC, was sentenced to five years in prison for manipulating the stock price of WeWork Inc. with a fake tender offer designed to fraudulently inflate the value of his...
Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million

Alchemy Ventures Buys 125-Year-Old NYC Property for $10.75 Million

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

Alchemy Ventures, an affiliate of Alchemy Properties Inc., has acquired a 125-mixed use property in New York City’s East Village for $10.75 million. The five-story, 9,634-square-foot mixed-use property at 151 Avenue A was built in 1900 and encompasses eight...
KV Debuts New Fund Focused on Western Canadian Real Estate Market

KV Debuts New Fund Focused on Western Canadian Real Estate Market

by Phil Hall | Mar 17, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Edmonton, Alberta-based KV Capital has launched KV Building Products Access Fund LP, a closed-end fund that will enable accredited Canadian investors to invest alongside KV and its institutional partners in the firm’s Building Products Strategy. The fund focused on...
‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams

‘Seinfeld’-Inspired Fraudster Sentenced for Real Estate Scams

by Phil Hall | Mar 17, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A fraudster whose chicanery was inspired by a “Seinfeld” joke was sentenced in Brooklyn federal court to 45 months in prison for wire fraud and ordered to pay $1.3 million in forfeiture. Thomas John Sfraga, also known by the alias TJ Stone, presented himself to...
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